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Islam and Mammon : The Economic Predicaments of Islamism by Timur Kuran (2005, Trade Paperback)
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Number of Pages: 240. Weight: 0.7 lbs. Publication Date: 2005-12-25. Publisher: Princeton University Press.
- Buy It NowIslam And Mammon: The Economic Predicaments Of Islamism
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About this product
Product Identifiers
PublisherPrinceton University Press
ISBN-100691126291
ISBN-139780691126296
eBay Product ID (ePID)50802399
Product Key Features
Number of Pages240 Pages
Publication NameIslam and Mammon : the Economic Predicaments of Islamism
LanguageEnglish
Publication Year2005
SubjectIslamic Banking & Finance, Islamic Studies, Economics / General, Economics / Comparative
TypeTextbook
Subject AreaSocial Science, Business & Economics
AuthorTimur Kuran
FormatTrade Paperback
Dimensions
Item Height0.7 in
Item Weight11.5 Oz
Item Length9 in
Item Width5.9 in
Additional Product Features
Intended AudienceCollege Audience
ReviewsThe clear theme unifying these essays is that Islamic economics as such is not a genuine answer to the world's economic problems, but an 'invented tradition' that serves as an adjunct to the broader, anti-Western, Islamist (or Islamic fundamentalist) political and religious movement. . . . Timur Kuran's book makes this case all too clearly and eloquently., The clear theme unifying these essays is that Islamic economics as such is not a genuine answer to the world's economic problems, but an 'invented tradition' that serves as an adjunct to the broader, anti-Western, Islamist (or Islamic fundamentalist) political and religious movement. . . . Timur Kuran's book makes this case all too clearly and eloquently. -- J. Barkley Rosser, Journal of Economic Behavior and Organization, "[Kuran's] writing is lively, his arguments are cogent, and the scholarship is wide ranging. . . . [A] useful and understandable introduction to both the doctrines of Islamic economics and how they are related to economic behavior in predominantly Islamic nations."-- Frederic L. Pryor, EH.NET, "What is Islamic banking? What is Islamic economics? Islam and Mammon . . . sets out the genesis of these ideas and criticizes, severely but still sympathetically, both the performance and the underlying logic of this Islamic approach to economic activity." --L. Carl Brown, Foreign Affairs, [Kuran's] writing is lively, his arguments are cogent, and the scholarship is wide ranging. . . . [A] useful and understandable introduction to both the doctrines of Islamic economics and how they are related to economic behavior in predominantly Islamic nations. -- Frederic L. Pryor, EH.NET, [A] timely book, one that just about anyone aiming to do business in the Islamic world should read. . . . A good read. -- Jay Palmer, Barron's, "[Kuran's] writing is lively, his arguments are cogent, and the scholarship is wide ranging. . . . [A] useful and understandable introduction to both the doctrines of Islamic economics and how they are related to economic behavior in predominantly Islamic nations." --Frederic L. Pryor, EH.NET, "[Kurans] writing is lively, his arguments are cogent, and the scholarship is wide ranging. . . . [A] useful and understandable introduction to both the doctrines of Islamic economics and how they are related to economic behavior in predominantly Islamic nations."-- Frederic L. Pryor, EH.NET, "The clear theme unifying these essays is that Islamic economics as such is not a genuine answer to the world's economic problems, but an 'invented tradition' that serves as an adjunct to the broader, anti-Western, Islamist (or Islamic fundamentalist) political and religious movement. . . . Timur Kuran's book makes this case all too clearly and eloquently." --J. Barkley Rosser, Journal of Economic Behavior and Organization, What is Islamic banking? What is Islamic economics? Islam and Mammon . . . sets out the genesis of these ideas and criticizes, severely but still sympathetically, both the performance and the underlying logic of this Islamic approach to economic activity. -- L. Carl Brown, Foreign Affairs, "The clear theme unifying these essays is that Islamic economics as such is not a genuine answer to the world's economic problems, but an 'invented tradition' that serves as an adjunct to the broader, anti-Western, Islamist (or Islamic fundamentalist) political and religious movement. . . . Timur Kurans book makes this case all too clearly and eloquently."-- J. Barkley Rosser, Journal of Economic Behavior and Organization, "What is Islamic banking? What is Islamic economics? Islam and Mammon . . . sets out the genesis of these ideas and criticizes, severely but still sympathetically, both the performance and the underlying logic of this Islamic approach to economic activity."-- L. Carl Brown, Foreign Affairs, [Kuran's] writing is lively, his arguments are cogent, and the scholarship is wide ranging. . . . [A] useful and understandable introduction to both the doctrines of Islamic economics and how they are related to economic behavior in predominantly Islamic nations., What is Islamic banking? What is Islamic economics? Islam and Mammon . . . sets out the genesis of these ideas and criticizes, severely but still sympathetically, both the performance and the underlying logic of this Islamic approach to economic activity., "[A] timely book, one that just about anyone aiming to do business in the Islamic world should read. . . . A good read."-- Jay Palmer, Barron's, "[A] timely book, one that just about anyone aiming to do business in the Islamic world should read. . . . A good read." --Jay Palmer, Barron's, [A] timely book, one that just about anyone aiming to do business in the Islamic world should read. . . . A good read., "The clear theme unifying these essays is that Islamic economics as such is not a genuine answer to the world's economic problems, but an 'invented tradition' that serves as an adjunct to the broader, anti-Western, Islamist (or Islamic fundamentalist) political and religious movement. . . . Timur Kuran's book makes this case all too clearly and eloquently."-- J. Barkley Rosser, Journal of Economic Behavior and Organization
Dewey Edition22
IllustratedYes
Dewey Decimal330.917/67
Table Of ContentPreface ix CHAPTER ONE The Economic Impact of Islamism 1 CHAPTER TWO Islamic Economics and the Islamic Subeconomy 38 CHAPTER THREE Islamism and Economics: Policy Prescriptions for a Free Society 55 CHAPTER FOUR The Genesis of Islamic Economics: A Chapter in the Politics of Muslim Identity 82 CHAPTER FIVE The Notion of Economic Justice in Contemporary Islamic Thought 103 CHAPTER SIX Islam and Underdevelopment: An Old Puzzle Revisited 121 Notes 149 References 169 Index 189
SynopsisThe doctrine of "Islamic economics" entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. Beyond its most visible practical achievement--the establishment of Islamic banks meant to avoid interest--it has promoted Islamic norms of economic behavior and founded redistribution systems modeled after early Islamic fiscal practices. In this bold and timely critique, Timur Kuran argues that the doctrine of Islamic economics is simplistic, incoherent, and largely irrelevant to present economic challenges. Observing that few Muslims take it seriously, he also finds that its practical applications have had no discernible effects on efficiency, growth, or poverty reduction. Why, then, has Islamic economics enjoyed any appeal at all? Kuran's answer is that the real purpose of Islamic economics has not been economic improvement but cultivation of a distinct Islamic identity to resist cultural globalization. The Islamic subeconomies that have sprung up across the Islamic world are commonly viewed as manifestations of Islamic economics.In reality, Kuran demonstrates, they emerged to meet the economic aspirations of socially marginalized groups.The Islamic enterprises that form these subeconomies provide advancement opportunities to the disadvantaged. By enhancing interpersonal trust, they also facilitate intragroup transactions. These findings raise the question of whether there exist links between Islam and economic performance. Exploring these links in relation to the long-unsettled question of why the Islamic world became underdeveloped, Kuran identifies several pertinent social mechanisms, some beneficial to economic development, others harmful., The doctrine of 'Islamic economics' entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. This book argues that the doctrine of Islamic economics is simplistic, incoherent, and largely irrelevant to economic challenges., The doctrine of "Islamic economics" entered debates over the social role of Islam in the mid-twentieth century. Since then it has pursued the goal of restructuring economies according to perceived Islamic teachings. Beyond its most visible practical achievement--the establishment of Islamic banks meant to avoid interest--it has promoted Islamic norms of economic behavior and founded redistribution systems modeled after early Islamic fiscal practices. In this bold and timely critique, Timur Kuran argues that the doctrine of Islamic economics is simplistic, incoherent, and largely irrelevant to present economic challenges. Observing that few Muslims take it seriously, he also finds that its practical applications have had no discernible effects on efficiency, growth, or poverty reduction. Why, then, has Islamic economics enjoyed any appeal at all? Kuran's answer is that the real purpose of Islamic economics has not been economic improvement but cultivation of a distinct Islamic identity to resist cultural globalization. The Islamic subeconomies that have sprung up across the Islamic world are commonly viewed as manifestations of Islamic economics. In reality, Kuran demonstrates, they emerged to meet the economic aspirations of socially marginalized groups. The Islamic enterprises that form these subeconomies provide advancement opportunities to the disadvantaged. By enhancing interpersonal trust, they also facilitate intragroup transactions. These findings raise the question of whether there exist links between Islam and economic performance. Exploring these links in relation to the long-unsettled question of why the Islamic world became underdeveloped, Kuran identifies several pertinent social mechanisms, some beneficial to economic development, others harmful.
LC Classification NumberHB126.4.K87 2006
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