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9780415321471

The Islamic World-System: A Study in Polity-Market Interaction

by Choudhury,Masudul Alam
  • ISBN13:

    9780415321471

  • ISBN10:

    0415321476

  • eBook ISBN(s):

    9781134356829

  • Format: Hardcover
  • Copyright: 2003-11-13
  • Publisher: RoutledgeCurzon

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Summary

This highly original book presents an alternative vision of globalization and explores the epistemology, derived from theQur'anand the Prophetic guidanceSunnah, that underpins the systemic unity at the heart of the Islamic concept of world-system. Choudhury's investigation reveals the ethical foundations that influence the development of law, markets and social contract in Islamic societies. He then applies his methodology to issues and problems such as property rights, money, political economy, technology diffusion, microenterprise development and asset evaluation. This book demonstrates that the Islamic world-system acquires its meaning from a single, integrated framework of complementary economic, social, institutional and market forces, rather than the competitive plurality of mainstream theory. It will interest students and researchers of Islamic economics and world-systems.

Author Biography

Masudul Alam Choudhury is Professor of Economics at the Sultan Qaboos University, Oman, and the University College of Cape Breton, Canada.

Table of Contents

List of figures ix
Foreword xi
Preface xvii
Acknowledgments xxvii
Introduction 1(6)
PART 1 Theoretical perspectives 7(88)
1 A theory of the Islamic world-system
9(35)
2 A formal model of the Islamic world-system
44(27)
3 An evaluation of the occidental world-system
71(24)
PART 2 Applied perspectives 95(135)
4 A general systems theory of knowledge: application to family and ecology
91(22)
5 The world-system according to Ibn Khaldun's Prolegomena comparatively viewed
113(28)
6 The Islamic political economy of property and property rights: concepts and application
141(17)
7 Micro-money: Islamic perspective
158(29)
8 An overlapping generation valuation model with debt-equity swaps
187(15)
9 A knowledge model of layers of techniques
202(25)
10 Conclusion
227(3)
Glossary of selected Arabic terms 230(5)
Index 235

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