Globalization’s Vulnerabilities and the Response of Islamic Economics

The philosophical-theoretical premise of globalization is ignorant of the values of justice, equity, and oneness of humanity, hence it leads to vertical integration of humanity, systemic vacuum in global governance, drastic erosion in national policy autonomy, and accountability-free empowerment of...

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Autor principal:	Tahir Beg
Formato:	article
Lenguaje:	EN
Publicado:	International Institute of Islamic Thought 2000
Materias:	Islam BP1-253
Acceso en línea:	https://doaj.org/article/4a20361ae70f461e8215b30bc40397fc
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spelling	oai:doaj.org-article:4a20361ae70f461e8215b30bc40397fc2021-12-02T17:49:46ZGlobalization’s Vulnerabilities and the Response of Islamic Economics10.35632/ajis.v17i3.20472690-37332690-3741https://doaj.org/article/4a20361ae70f461e8215b30bc40397fc2000-10-01T00:00:00Zhttps://www.ajis.org/index.php/ajiss/article/view/2047https://doaj.org/toc/2690-3733https://doaj.org/toc/2690-3741 The philosophical-theoretical premise of globalization is ignorant of the values of justice, equity, and oneness of humanity, hence it leads to vertical integration of humanity, systemic vacuum in global governance, drastic erosion in national policy autonomy, and accountability-free empowerment of global capital. The Islamic worldview provides an alternative paradigm for globalization and offers wide scope for refprm of contemporary globalization by re-exploring the interrelationship between the concepts ‘Ummah’ and ‘one humanity.’ This suggests that operational re-orientation of Islamic economic institutions is greatly needed to protect the Ummah and humanity against the vulnerabilities of contemporary globalization. Tahir BegInternational Institute of Islamic ThoughtarticleIslamBP1-253ENAmerican Journal of Islam and Society, Vol 17, Iss 3 (2000)
institution	DOAJ
collection	DOAJ
language	EN
topic	Islam BP1-253
spellingShingle	Islam BP1-253 Tahir Beg Globalization’s Vulnerabilities and the Response of Islamic Economics
description	The philosophical-theoretical premise of globalization is ignorant of the values of justice, equity, and oneness of humanity, hence it leads to vertical integration of humanity, systemic vacuum in global governance, drastic erosion in national policy autonomy, and accountability-free empowerment of global capital. The Islamic worldview provides an alternative paradigm for globalization and offers wide scope for refprm of contemporary globalization by re-exploring the interrelationship between the concepts ‘Ummah’ and ‘one humanity.’ This suggests that operational re-orientation of Islamic economic institutions is greatly needed to protect the Ummah and humanity against the vulnerabilities of contemporary globalization.
format	article
author	Tahir Beg
author_facet	Tahir Beg
author_sort	Tahir Beg
title	Globalization’s Vulnerabilities and the Response of Islamic Economics
title_short	Globalization’s Vulnerabilities and the Response of Islamic Economics
title_full	Globalization’s Vulnerabilities and the Response of Islamic Economics
title_fullStr	Globalization’s Vulnerabilities and the Response of Islamic Economics
title_full_unstemmed	Globalization’s Vulnerabilities and the Response of Islamic Economics
title_sort	globalization’s vulnerabilities and the response of islamic economics
publisher	International Institute of Islamic Thought
publishDate	2000
url	https://doaj.org/article/4a20361ae70f461e8215b30bc40397fc
work_keys_str_mv	AT tahirbeg globalizationsvulnerabilitiesandtheresponseofislamiceconomics
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Globalization’s Vulnerabilities and the Response of Islamic Economics

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