Show simple item record

dc.contributor.author Kuran, Timur en_US
dc.date.accessioned 2010-03-09T15:30:42Z
dc.date.available 2010-03-09T15:30:42Z
dc.date.issued 1993 en_US
dc.identifier.uri http://hdl.handle.net/10161/1924
dc.description.abstract The collapse of socialism and its centrally-planned economies in the former Soviet Union and Eastern Europe has raised a host of critical questions for all concerned with the ideological future of mankind. Does this represent the final demise of the socialist system and the unequivocal victory of the Western doctrine of economic and political liberalism, as is being claimed by some of the enthusiasts of Western capitalism, heralding the 'end of history', or does it constitute yet another phase in the never-ending ebb and flow of history? Does the fall of socialism of itself vindicate capitalism? If socialism has collapsed under the weight of its contradictions and inequalities does that necessarily mean that capitalism has overcome its own historical contradictions, injustices and failures? If the rise of socialism was owed, at least in part, to certain perceived failures of capitalism, how can its collapse mean that those failures (which prompted the search for alternatives) were illusory? Euphoria at the fall of a false god aside, the critical questions that still perplex the mind and conscience of man crave cogent answers. en_US
dc.format.extent 1717819 bytes
dc.format.mimetype application/pdf
dc.language.iso en_US
dc.publisher Journal of Economic Literature en_US
dc.subject Islam en_US
dc.subject Islamic banking en_US
dc.subject socialism en_US
dc.title Islam and the Economic Challenge en_US
dc.type Journal Article en_US
dc.department Economics

Files in this item

This item appears in the following Collection(s)

Show simple item record