Comparative Economics - Islam's panacea to the maladies of Capitalism

Economic recovery became a mere figment of our imagination and the caliphate a glorious but obsolete history. However after decades in darkness the Muslims have become increasingly agitated by the depravity that pervades them. What started with dissent has now developed into a prodigious revolution across the Muslim world characterised primarily by an overwhelming Islamic sentiment. At present the caliphate is no longer perceived as a distant past but a near future whose return has been made clear by Allah (?) in his promise to us: “Allah has promised to those among you who believe and work righteous deeds that he will of a Surety grant them in the land inheritance (of power) as he granted it to those before them; that he will establish in authority their religion the one which he has chosen for them; and that he will change (their state) after the fear in which they (lived) to one of security and peace: they will worship me (alone) and not Associate aught with me.’ if any do reject faith after this they are rebellious and wicked.” [tmq 24: 55] Islam’s imminent arrival has necessitated a vital discourse in which its ability to purge the Muslim world of its economic woes must be explicated. This book seeks to do just that by expanding upon the Islamic economic system (IES) through contemporary economic theory; introducing the subject of economics and the political economy whilst highlighting key issues ingrained within the capitalist laissez-faire system. Above all it attempts to present Islam as a panacea to the maladies of capitalism by way of comparative economic analysis with the sole intent to extirpate (through revival) the ideological impotence that has plagued and obstructed our minds. In doing so it will enable the reader to discern which ideology is more capable and efficient in solving key economic problems faced in our current reality.