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portada Early Islam and the Birth of Capitalism
Type
Physical Book
Publisher
Author
Year
2014
Language
English
Pages
238
Format
Hardcover
ISBN13
9780739188828
Categories

Early Islam and the Birth of Capitalism

Benedikt Koehler (Author) · Lexington Books · Hardcover

Early Islam and the Birth of Capitalism - Benedikt Koehler

New Book Imported to South Africa
Delivery: 13 Aug - 21 Aug Shipping: 4 to 5 business days.
R 2,688
R 2,688

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Synopsis "Early Islam and the Birth of Capitalism "

Early Islam and the Birth of Capitalism proposes a strikingly original thesis-that capitalism first emerged in Arabia, not in late medieval Italian city states as is commonly assumed. Early Islam made a seminal but largely unrecognized contribution to the history of economic thought; it is the only religion founded by an entrepreneur. Descending from an elite dynasty of religious, civil, and commercial leaders, Muhammad was a successful businessman before founding Islam. As such, the new religion had much to say on trade, consumer protection, business ethics, and property. As Islam rapidly spread across the region so did the economic teachings of early Islam, which eventually made their way to Europe. Early Islam and the Birth of Capitalism demonstrates how Islamic institutions and business practices were adopted and adapted in Venice and Genoa. These financial innovations include the invention of the corporation, business management techniques, commercial arithmetic, and monetary reform. There were other Islamic institutions assimilated in Europe: charities, the waqf, inspired trusts, and institutions of higher learning; the madrasas were models for the oldest colleges of Oxford and Cambridge. As such, it can be rightfully said that these essential aspects of capitalist thought all have Islamic roots.

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The binding of this edition is Hardcover.

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