comparative economic philosophies and system
اسلاید 1: COMPARATIVE ECONOMIC PHILOSOPHIES AND SYSTEMSBYM. UMER CHAPRARESEARCH ADVISORISLAMIC RESEARCH AND TRAINING INSTITUTEISLAMIC DEVELOPMENT BANKJEDDAH, SAUDI ARABIA
اسلاید 2: INTRODUCTIONTWO KEY EXPRESSIONSECONOMIC PHILOSOPHIESECONOMIC SYSTEMSPHILOSOPHY (LOVE OF WISDOM)SEARCH FOR THE ULTIMATE REALITY AND PURPOSE OF HUMAN LIFE AND ACTIVITYADDITION OF ‘ECONOMIC’ TO IT CONFINES THE SEARCH TO ECONOMIC ACTIVITY. HOWEVER, ALL HUMAN ACTIVITY IS INTERRELATED AND IT IS NOT POSSIBLE TO TALK OF ONE IN ISOLATION OF THE OTHERSECONOMIC SYSTEMINFLUENCED BY THE SOCIETY’S PHILOSOPHY OF LIFEORGANIZATION OF ECONOMIC ACTIVITY IN SUCH A WAY THAT THE WELL-KNOWN QUESTIONS OF WHAT TO PRODUCE, HOW TO PRODUCE, AND WHO SHOULD GET HOW MUCH OF WHAT IS PRODUCED GET ANSWERED IN ACCORDANCE WITH THE SOCIETY’S PHILOSOPHY OF LIFE
اسلاید 3: ULTIMATE REALITY AND PURPOSE OF HUMAN LIFE AND ACTIVITYULTIMATE REALITY: WORLDVIEWPURPOSE (GOAL):TO REALIZE THE WELL-BEING OF ALL WITHOUT GENERATING MACROECONOMIC IMBALANCES OR DAMAGING THE ENVIRONMENTTHERE IS HARDLY ANY DIFFERENCE OF OPINION ON THISDIFFERENCE ARISES WHEN WE DISCUSS WHAT CONSTITUTES WELL-BEING AND THE STRATEGY TO REALIZE THIS GOOD
اسلاید 4: 2.WELL-BEING?TO SATISFY THE MATERIAL NEEDS OF ALLPHYSICAL NEEDSFULL –EMPLOYMENTEQUITABLE DISTRIBUTIONECONOMIC AND FINANCIAL STABILITYECOLOGICAL BALANCETO SATISFY THE SPIRITUAL (NON-MATERIAL) NEEDS OF ALLMENTAL PEACE AND HAPPINESSFAMILY AND SOCIAL HARMONYABSENCE OF CRIME AND ANOMIEINDIVIDUAL FREEDOMALL OF THESE ARE MUTUALLY DEPENDENT AND NECESSARY FOR HUMAN WELL-BEING – EXCESSIVE EMPHASIS ON ANY ONE AT THE EXPENSE OF THE OTHER WILL JEOPARDIZE THE REALIZATION OF WELL-BEINGEFFICIENCY AND EQUITY MAY BE DEFINED IN KEEPING WITH THIS CONCEPT OF WELL-BEING
اسلاید 5: 3. THE STRATEGYELIMINATE OR MINIMIZE ALL USES OF SCARCE RESOURCES THAT DO NOT CONTRIBUTE TO WELL-BEINGMECHANISMS OF THE STRATEGYFILTERINGMOTIVATING SYSTEMSOCIO-ECONOMIC AND POLITICAL RESTRUCTURINGTHE WORLDVIEW OF A SOCIETY DETERMINES THESE MECHANISMS
اسلاید 6: 4. (A) FILTERINGPRICE MECHANISM?CENTRAL PLANNINGPRICE MECHANISM AS WELL AS MORAL VALUES AND INDIVIDUAL REFORM?WHO CAN GIVE VALUES?HOW TO ENSURE THAT VALUES GET ENFORCED? MOTIVATING SYSTEM?
اسلاید 7: 4 (B) MOTIVATING SYSTEMFORCE?INCENTIVES AND DETERRENTS?SELF INTEREST?SOCIAL INTEREST?COMPETITION?REGULATION? COSTS OF ENFORCEMENT?SELF-ENFORCEMENT?COOPERATION AND SACRIFICE?MOTIVATION?
اسلاید 8: 4 (C) SOCIO-ECONOMIC AND POLITICAL RESTRUCTURINGPRIVATE PROPERTY (A TRUST), MARKET MECHANISM AND COMPETITIONIMPROVEMENT IN THE QUALITY OF HUMAN-BEINGSMORAL REFORMFAMILY AND SOCIAL SOLIDARITYSOCIAL SELF-HELP PROGRAMMEZAKAT, SADAQAT, AWQAF AND INHERITANCE SYSTEMREFORM OF THE FINANCIAL SYSTEMROLE OF THE STATE
اسلاید 9: 5. ISLAM?TAWHID (UNITY OF GOD)KHILAFAH (VICEGERENCY)ACCOUNTABILITY BEFORE GODHUMAN BROTHERHOODRESOURCES ARE A TRUSTTERMS OF THE TRUST?ADALAH (JUSTICE)6. THE MUSLIM MALAISE7. AGENDA AND STRATEGY FOR REFORM IN THE MUSLIM WORLD
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