W eber and  B aqir as‐ S adr: The Paradox of Economic Development in  I slamic Societies | Zendy

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W eber and B aqir as‐ S adr: The Paradox of Economic Development in I slamic Societies

Author(s) -

Reda Ayman

Publication year - 2014

Publication title -

american journal of economics and sociology

Language(s) - English

Resource type - Journals

SCImago Journal Rank - 0.199

H-Index - 38

eISSN - 1536-7150

pISSN - 0002-9246

DOI - 10.1111/ajes.12069

Subject(s) - islam , doctrine , capitalism , divergence (linguistics) , islamic economics , sociology , environmental ethics , political science , positive economics , economics , philosophy , law , theology , linguistics , politics

This article attempts to reconsider the controversial relationship between Islam and economic development. It does so by deeply engaging the views of W eber and B aqir as‐ S adr. According to Sadr, the development of capitalism in E urope is a consequence of the moral practice of W estern societies, which is fundamentally different from that of I slamic societies. This divergence in moral practices translates into a divergence in economic doctrine, resulting in an incompatibility between the capitalist method and the moral practice of I slamic societies.

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