Foundations and Introduction of Islamic Economics: Role and Trends

2020 ◽  
Vol 3 (3) ◽  
pp. 121-138
Author(s):  
Dr. Bilal Ahmad Khan

Islamic economics based on specific concept of universe and the creation of man is contradictory to the concept adopted and accepted by modern science. Islamic economics postulates although ability and expertise is required for progress and growth but distribution of resources completely dependent on it would be cruel, inhuman and bereft of kindness, and lead to oppression. Islamic economics does not favor making human ability and expertise the fulcrum of resource distribution. It should be kind, considerate and based on justice and fairness. This is because according to Islamic philosophy, ownership is considered to be a trust from Allah which has been bestowed on the rich so that they may utilize it correctly. In Islamic economics the role of the individual, has inclinations and his aims and objectives occupy a central position and are vitally important. He is definitely a rational being but his level of rationality is not confined to the calculations of cost and profit. An individual does not want merely to obtain monetary profit and physical pleasure and leisure but he also wants and aims for something beyond what the material world has to offer. The main aim of the study is to find out the relationship between Islam and economics. In Islamic economics the comprehensive moral training of the individual, his technical and educational ability, his aims and his priorities are of primary importance. According to Islamic economics the means of acquiring wealth has the same importance as wealth itself. Dishonesty, abuse of trust and earning of wealth through fraudulent ways and means may perhaps increase the status of an individual but the society suffers because of it on the whole. This leads to an unjust and oppressive economic system.

Author(s):  
Bilal Ahmad Khan

The collection of rules, values and standards of conduct that organize economic life and establish relations of production in an Islamic society is Islamic economic system. These rules and standards are based on Islamic order recognized in Qurran. Islamic economics based on specific concept of universe and the creation of man is contradictory to the concept adopted and accepted by modern science. Islamic economics postulates although ability and expertise is required for progress and growth but distribution of resources completely dependent on it would be cruel, inhuman and bereft of kindness, and lead to oppression. Islamic economics does not favor making human ability and expertise the fulcrum of resource distribution. It should be kind, considerate and based on justice and fairness. This is because according to Islamic philosophy, ownership is considered to be a trust from Allah which has been bestowed on the rich so that they may utilize it correctly. In Islamic economics the role of the individual, has inclinations and his aims and objectives occupy a central position and are vitally important. He is definitely a rational being but his level of rationality is not confined to the calculations of cost and profit. An individual does not want merely to obtain monetary profit and physical pleasure and leisure but he also wants and aims for something beyond what the material world has to offer. The main aim of the study is to find out the relationship between Islam and economics. In Islamic economics the comprehensive moral training of the individual, his technical and educational ability, his aims and his priorities are of primary importance. According to Islamic economics the means of acquiring wealth has the same importance as wealth itself. Dishonesty, abuse of trust and earning of wealth through fraudulent ways and means may perhaps increase the status of an individual but the society suffers because of it on the whole. This leads to an unjust and oppressive economic system.


2014 ◽  
Vol 43 (3) ◽  
pp. 615-633 ◽  
Author(s):  
ANTONIO M. JAIME-CASTILLO ◽  
ILDEFONSO MARQUÉS-PERALES

AbstractSeveral studies have shown that attitudes toward social policy are influenced by expectations of social mobility at the individual level and perceptions of social fluidity at the aggregate level. If individuals think of inequalities as the result of inherited disadvantages, they will be more willing to distribute resources from the rich to the poor. However, one important question remains open: How do individuals perceive the distribution of opportunities in society? In this paper we argue that individuals believe a society to be fair if opportunities for reaching the top of the social ladder are equally distributed among the population. That is, the distribution of resources is fair to the extent that individual outcomes do not depend on social origins. To address this issue, we asked a representative sample of individuals in the Spanish region of Andalusia what they think the chances are for persons of different social origins to achieve a high social status. We have found that those who think the chances for reaching the top are unequally distributed are those who support greater government responsibility and oppose meritocracy and competition, as they believe the initial distribution of opportunities to be unfair.


2008 ◽  
pp. 110-134
Author(s):  
Pavlo Yuriyovych Pavlenko

The cornerstone of any religion is its anthropological concept, which seeks to determine the essential orientations of man, to outline the ideological framework of its existence, to represent the idea of ​​its essence, purpose in earthly life. The main task of the religious system is the act of involving and subordinating man to the spiritual divine realm as the realm of the transcendental existence of God. Belief in the real presence of the latter implies a new understanding of oneself, which ultimately leads the religious individual to the desire to be involved in this transcendental existence, to have intimate relations with him, to have a consciousness inherent in God. Note that in this context, all human being is interpreted as a certain arena for this realization. Therefore, the religious life of the individual acquires the status of religious activity.


2019 ◽  
Vol 10 (5) ◽  
pp. 473-478
Author(s):  
Ahmad Gashamoglu ◽  

The Article briefly discusses the need for generation of the Science of Ahangyol, and this science’s scientific basis, object and subject, category system, scientific research methods and application options. Ahangyol is a universal science and may be useful in any sphere. It may assist in problem solving in peacemaking process and in many areas such as ecology, economics, politics, culture, management and etc. This science stipulates that any activity and any decision made in the life may only and solely be successful when they comply with harmony principles more, which are the principles of existence and activity of the world. A right strategic approach of the Eastern Philosophy and the Middle Age Islamic Philosophy and scientific thought has an important potential. This strategic approach creates opportunities to also consider irrational factors in addition to rational ones comprehensively in scientific researches. The modern scientific thought contributes to implementation of these opportunities. Ahangyol is a science of determination of ways to achieve harmony in any sphere and of creation of special methods to make progress in these ways through assistance of the modern science. Methods of the System Theory, Mathematics, IT, Astronomy, Physics, Biology, Sociology, Statistics and etc. are more extensively applied. Information is given on some of these methods. Moreover, the Science of Ahangyol, which is a new philosophical worldview and a new paradigm contributes to clarification of metaphysic views considerably and discovery of the scientific potential of religious books.


Author(s):  
Rachel Ablow

The nineteenth century introduced developments in science and medicine that made the eradication of pain conceivable for the first time. This new understanding of pain brought with it a complex set of moral and philosophical dilemmas. If pain serves no obvious purpose, how do we reconcile its existence with a well-ordered universe? Examining how writers of the day engaged with such questions, this book offers a compelling new literary and philosophical history of modern pain. The book provides close readings of novelists Charlotte Brontë and Thomas Hardy and political and natural philosophers John Stuart Mill, Harriet Martineau, and Charles Darwin, as well as a variety of medical, scientific, and popular writers of the Victorian age. The book explores how discussions of pain served as investigations into the status of persons and the nature and parameters of social life. No longer conceivable as divine trial or punishment, pain in the nineteenth century came to seem instead like a historical accident suggesting little or nothing about the individual who suffers. A landmark study of Victorian literature and the history of pain, the book shows how these writers came to see pain as a social as well as a personal problem. Rather than simply self-evident to the sufferer and unknowable to anyone else, pain was also understood to be produced between persons—and even, perhaps, by the fictions they read.


2020 ◽  
Vol 22 (11) ◽  
pp. 11-15
Author(s):  
Gan N.Yu. ◽  
Ponomareva L.I. ◽  
Obukhova K.A.

Today, worldview, spiritual and moral problems that have always been reflected in education and upbringing come to the fore in society. In this situation, there is a demand for philosophical categories. One of the priority goals of education in modern conditions is the formation of a reasonable, reflexive person who is able to analyze their actions and the actions of other people. Modern science is characterized by an understanding of the absolute value and significance of childhood in the development of the individual, which implies the need for its multilateral study. In the conditions of democratization of all spheres of life, the child ceases to be a passive object of education and training, and becomes an active carrier of their own meanings of being and the subject of world creation. One of the realities of childhood is philosophizing, so it is extremely timely to address the identification of its place and role in the world of childhood. Children's philosophizing is extremely poorly studied, although the need for its analysis is becoming more obvious. Children's philosophizing is one of the forms of philosophical reflection, which has its own qualitative specificity, on the one hand, and commonality with all other forms of philosophizing, on the other. The social relevance of the proposed research lies in the fact that children's philosophizing can be considered as an intellectual indicator of a child's socialization, since the process of reflection involves the adoption and development of culture. Modern society, in contrast to the traditional one, is ready to "accept" a philosophizing child, which means that it is necessary to determine the main characteristics and conditions of children's philosophizing.


Author(s):  
Alan Cooper

This chapter discusses three aspects of Jewish reception of the Ketuvim (Writings or Hagiographa): the status and authority of the Ketuvim in relation to the Torah (Pentateuch) and the Nevi’im (Prophets); the study and liturgical use of Ketuvim, focusing on the so-called Five Scrolls (hamesh megillot) and the Book of Psalms; and the character of traditional commentary on selected books, including recommendations for further reading. The Ketuvim were considered sacred and inspired, but at a lower level of inspiration than the Torah and the Prophets. They were regarded as diverting and edifying, but insufficiently authoritative to support the promulgation of law, which was the fundamental concern of rabbinic teaching and learning. On the whole, Jewish commentators seek to find consistency in the interpretation of the individual books, “taming” their originality in order to conform their meanings both to the rest of Scripture and to normative Jewish teachings.


Author(s):  
James Aaron Green

Abstract In Geological Evidences of the Antiquity of Man (1863), Charles Lyell appraised the distinct contribution made by his protégé, Charles Darwin (On the Origin of Species (1859)), to evolutionary theory: ‘Progression … is not a necessary accompaniment of variation and natural selection [… Darwin’s theory accounts] equally well for what is called degradation, or a retrogressive movement towards a simple structure’. In Rhoda Broughton’s first novel, Not Wisely, but Too Well (1867), written contemporaneously with Lyell’s book, the Crystal Palace at Sydenham prompts precisely this sort of Darwinian ambivalence to progress; but whether British civilization ‘advance[s] or retreat[s]’, her narrator adds that this prophesized state ‘will not be in our days’ – its realization exceeds the single lifespan. This article argues that Not Wisely, but Too Well is attentive to the irreconcilability of Darwinism to the Victorian ‘idea of progress’: Broughton’s novel, distinctly from its peers, raises the retrogressive and nihilistic potentials of Darwin’s theory and purposes them to reflect on the status of the individual in mid-century Britain.


Geriatrics ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 36
Author(s):  
David G Smithard ◽  
Nadir Abdelhameed ◽  
Thwe Han ◽  
Angelo Pieris

Discussion regarding cardiopulmonary resuscitation and admission to an intensive care unit is frequently fraught in the context of older age. It is complicated by the fact that the presence of multiple comorbidities and frailty adversely impact on prognosis. Cardiopulmonary resuscitation and mechanical ventilation are not appropriate for all. Who decides and how? This paper discusses the issues, biases, and potential harms involved in decision-making. The basis of decision making requires fairness in the distribution of resources/healthcare (distributive justice), yet much of the printed guidance has taken a utilitarian approach (getting the most from the resource provided). The challenge is to provide a balance between justice for the individual and population justice.


2021 ◽  
Vol 51 (1) ◽  
pp. 3-23
Author(s):  
Thomas Crew

In this essay I consider the theme of individuation or self-becoming in Nietzsche’s Ecce Homo (1888) and Hesse’s Demian (1917) and Steppenwolf (1927). Although this task appears inter-disciplinary, Nietzsche’s autobiography can be considered a Bildungsroman in which ‘Nietzsche’ plays the protagonist. After showing the correspondences between Nietzsche’s and Hesse’s diagnoses of contemporary Europe, which can be summed up with the notion of ‘decadence’ or nihilism, I suggest that they both point towards the process of self-becoming as the ultimate remedy for both the individual and society. Self-becoming is a painful yet necessary process that holds the repeated destruction of the individual’s identity as the precondition for attaining the status of human being. It is a process implied by Nietzsche’s ‘formula for human greatness’: amor fati. Resistance to individuation leads to a state of ‘miserable ease’, embodied by what Hesse calls the ‘bourgeois’ and what Nietzsche terms the ‘last men’.


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