{writeup/Video bit.ly/cie6obj} Is Islam Utopian and Impractical? 2nd Gen IE's abandoned the revolutionary ideals of the 1st Generation for pragmatic reasons. They swallowed the idea that modern economics is objective truth, and hence cannot be contested on ideological grounds. They recognized that Western economics focuses on wealth, not humans, but felt that we must first acquire wealth. Only then can we afford to pay attention to human development. Thirdly, they felt the utopian ideals of Islam are out of reach for us in the modern world, and so we must settle for less. These objections are discussed and answered in these slides: bit.ly/SS3GIE6

1. CIE6: Islam:
Utopian &
Impractical?

2. Three Objections
Modern Economics is POSITIVE; IE is NORMATIVE
We must focus on basic needs first – poverty, health, education, housing – before spiritual development.
Utopian ideals of Islam are out of reach. Pragmatic strategy should deal with current Islamic societies, rather
than unachievable ideals of the golden past.

3. First Objection:
Modern Economics is Positive
Islamic Economics is Normative

4. Modern Economics is NORMATIVE:
Pretending to be POSITIVE

5. Islamic Economics is Transformative

6. Links to More Details
Economic Theory: Normative Judgments Disguised as Objective
Realities SHORTLINK: http://bit.ly/aznf4s
Transformation of Human Behavior as the Central Strategy for Islamic
Economics SHORTLINK: http://bit.do/azthb

7. Second Objection
We Must Put
Material Need
Before Spiritual
Progress?

8. Answer: Does not match strategy of our
Prophet Mohammad SAW

9. Links to More Details
Alternative Models of Development: Becoming the Change You Want to
See {Shortlink: http://bit.ly/HelSUS​}
Islam’s Gift: An Economy of Spiritual Progress {http://bit,do/ajes}

10. Third Objection:
Utopian Ideals:
Unrealistic &
Impractical

11. Historical Reality

12. Many deep & difficult questions arise:

13. Links to Deeper Discussions
How to Launch an Islamic
Revolution http://bit.ly/IsRv00

14. Concluding Remarks

15. Links to Related Materials
http://bit.ly/cie6obj
http://bit.ly/SS3GIE6
Alternative Models of Development: Becoming the Change You Want to
See {Shortlink: http://bit.ly/HelSUS​}
What the World Lost Due to the Decline of the Islamic Civilization:
shortlink: bit.do/azrdm