Weber and Baqir as-Sadr: The Paradox of Economic Development in Islamic Societies

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Abstract

This article attempts to reconsider the controversial relationship between Islam and economic development. It does so by deeply engaging the views of Weber and Baqir as-Sadr. According to Sadr, the development of capitalism in Europe is a consequence of the moral practice of Western societies, which is fundamentally different from that of Islamic societies. This divergence in moral practices translates into a divergence in economic doctrine, resulting in an incompatibility between the capitalist method and the moral practice of Islamic societies.

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