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Liberalism, Islam and the idea of Mankind

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  • Hayat, Azmat
  • Mohd Shafiai, Mohammad Hakimi

Abstract

After the defeat of Marxism and the triumph in the war in Iraq, pundit in the global north labelled neoliberalism as the End of History and last form of mankind ideological evolution. It is believed that neoliberalism successfully satisfied all the previous ideological contradiction. In contrast, Muslims believe that besides others one of the prominent and unresolvable contradictions between Neoliberalism and Islam is the gnosis of humanity which the present study will undertake. In this paper using the methodology of library research we will explore how the liberal and Islamic economists conceptualize man in their analysis of human behaviour and the degree to which the concept of man has been universalized.

Suggested Citation

  • Hayat, Azmat & Mohd Shafiai, Mohammad Hakimi, 2018. "Liberalism, Islam and the idea of Mankind," MPRA Paper 92353, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:92353
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    References listed on IDEAS

    as
    1. Morgan, Mary S., 2006. "Economic Man as Model Man: Ideal Types, Idealization and Caricatures," Journal of the History of Economic Thought, Cambridge University Press, vol. 28(1), pages 1-27, March.
    2. Askari, Hossein & Iqbal, Zamir & Krichene, Noureddine & Mirakhor, Abbas, 2014. "Understanding Development in an Islamic Framework," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 22, pages 1-36.
    3. William D. Grampp, 1948. "Adam Smith and the Economic Man," Journal of Political Economy, University of Chicago Press, vol. 56(4), pages 315-315.
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    More about this item

    Keywords

    Humans; Homo-Economicus; Liberalism and Islam;
    All these keywords.

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General
    • B00 - Schools of Economic Thought and Methodology - - General - - - History of Economic Thought, Methodology, and Heterodox Approaches
    • B5 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches
    • B50 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - General
    • P3 - Political Economy and Comparative Economic Systems - - Socialist Institutions and Their Transitions
    • P50 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - General
    • P59 - Political Economy and Comparative Economic Systems - - Comparative Economic Systems - - - Other
    • Z19 - Other Special Topics - - Cultural Economics - - - Other

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