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Islamic Economics

Reader comment on item: Islamic Economics: What Does It Mean?

Submitted by Mike (China), Sep 27, 2007 at 03:08

The author correctly deduces that Islamic economics is a sham. Countries run under Sharia law, i.e. Sudan, are a complete failure; those that are not, are dependent on some natural resource, i.e. Saudi Arabia, Iran; these countries have little or no self generated entrepernurial class.

Countries that are advanced or advancing, have either a very inventive society, i.e. Israel, the United States, or are adept at copying or adopting technologies invented by others such as China; the Islamic world seems to have none of these attributes. If these were advanced societies, why would there be a mad Islamic rush to populate Europe and seek a better and more progressive life, why is there an Islamic invasion of these nations?

Why have Western societies excelled in development while the Islamic ones have dispaired and wallowed in poverty, backwardness and lack of freedom. FInally, any society that keeps its women oppressed, at home, uneducated is destined to remain backwards; Islam reflects such societies.


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