An Analytical & Critical Review of G.A. Parwez’s Rububiyyah Order
Farooq Aziz and
Farooq Aziz
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Farooq Aziz: Federal Urdu University Gulshan-e-Iqbal Campus, Karachi,
Indus Journal of Management & Social Science (IJMSS), 2008, vol. 2, issue 2, 110-118
Abstract:
As an modernist Muslim thinker the name of G. A. Parwez is well known in the literary circle. But whereas his thoughts are concerned a lot of contentions are with him. The same situation is with his economic ideas, which have significant difference from the traditional approach. He has presented his economic thought under the name of Rububiyyah Order. At least in the Sub-Continent it is a first well organized literary effort to present Islamic economic system on socialist lines. In his book Rububiyyah Order he has given outline of this system and with that, in his other books he has highlighted the characteristics of this system. But unfortunately there are many basic flaws in his theory and its practical implementations, e.g. extra ordinary emphasis on donation, negation of the concept of private ownership, hypothesis of equal wages regardless of education & experience, exceptionally heavy load on government and absence of practical mechanism of working of this order are those factors which infect left no room for its theoretical importance and practical implementation.
Keywords: Rububiyyah Order; Traditional Approach; Hypothesis of Equal Wages (search for similar items in EconPapers)
JEL-codes: C14 C80 D62 R40 (search for similar items in EconPapers)
Date: 2008
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