Utopias and Markets: Introduction

Ayman Reda
Additional contact information
Ayman Reda: The University of Michigan - Dearborn

Chapter Chapter 22 in Prophecy, Piety, and Profits, 2018, pp 339-341 from Palgrave Macmillan

Abstract: Abstract Utopias, as calls for continuity or change, constitute a universal and ubiquitous mode of human thought. Humans, however, possess different notions of what constitutes “progress,” a “better future,” or a “golden age”. In economic thought, the discourse on utopias naturally leads to a discussion of marketsmarketsmarkets , their history and nature. The history of economic thought can be described as having oscillated between two competing visions of economic utopias, with one characterized by the ubiquity of markets and the other by their complete absence. Part 5 begins with a brief study of utopias, followed by an examination of the position of markets in the broader intellectual discourse on “progress” and social change. We then introduce an Islamic perspective to this discourse, by examining the Islamic view on what constitutes an ideal market.

Keywords: Economic Utopia; Islamic View; Islamic Perspective; Ubiquitous Mode; Ideal Market (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:psibcp:978-1-137-56825-0_22

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137568250

DOI: 10.1057/978-1-137-56825-0_22

Access Statistics for this chapter

More chapters in Palgrave Studies in Islamic Banking, Finance and Economics from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().