Monday, September 17, 2007

Osamanomics and the greens

by Chan Akya from The Asia Times

There are economic reasons for Osama and his ilk to support the campaign against liberal capitalism, too. In another article, I wrote the following: Secular societies "work" because underlying economic organization allows them - indeed forces them - to separate religion from state. It is here that radical Islam fails to make the case. When removed from its agrarian or military origins and plonked into the modern world requiring frequent interactions with other communities, competitive industries and innovative thinking, it is secular countries that outrun their unilateralist counterparts. The difference between the economic performance of South Asian states highlights this view, and emphatically so. As an example, Wahhabi notions of restricting the economic participation of women simply do not work in resource-poor states.

1 comment:

Abu Daoud said...

Great point! The entire edifice of early Islam was based on an economics of using the spoils of conquest to fund the government. Once you remove this economic influx of wealth Islamic economics simply cannot function well on a national level.