Assalamu 'alaikum wa rahmatuLlahi wa barakatuh,
Dear friends,
This is the respond from Prof Adi Setia. To update you, I posted something
on Gconomics, which is replied by an IBFNet member, and here is the reply to
that reply.
The initial reply by Dr Omar was:
*The notion of "Gift Economy" deserves further exploration. However,
claiming that where market economy is "predicated on self-interest ..., it
is amoral," implies that the notion of self-interest itself has something to
do with being amoral. If this is implied, it is an utterly erroneous view
and understanding.
I am a Muslim because of my self-interest. The choices I make in
life should be dictated by my self-interest. Since as a Muslim I seek the
hasanah in both the worlds, my self-interest is more comprehensive. Not only
that there is nothing inherently wrong or amoral about self-interest, it is
acknowledged and validated in the Qur'an.
As Muslims we should be careful in making such overstretched remarks
and having such views that is explicitly contradicted by the Qur'an.*
With best wishes
Surya
Response of Prof Adi:
Very short response. Long, indirect one, can be found in the going-green
article, and in the maths research article.
*Actually, the whole issue boils down, in a nutshell, as to whose's
conception of "self"-interest is being defined, articulated,
institutionalised, globalised and systematically implemented (even
systematically stuffed down people's parched throats) in the real world for
the past couple of centuries or so, very especially, post-WW2? I assume the
answer to that is self-evident.
Thus, with sincere due respect to Dr. Omar, we all shouldn't be too quick in
invoking the big banner of QI (Qur'anic Incompatibility) on the global
promoters of the IGE, or even of the CGE (Christian Gift Economy, as
exemplified in the Scott & Bader Commonwealth Ltd.) or the BGE (Buddhist
Gift Economy, articulated so passionately by E. F. Schumacher in Small is
Beautiful) or even the SGE (Secular Gift Economy of Mark Anielski's Economics
of Happiness).*
*khayrul-kalaam maa qalla wa dalla lil-'aaqiliina haqqa 'uquulihim*
*
*adi
On Wed, Dec 17, 2008 at 2:18 PM, Surya Darma <[email protected]> wrote:
> Assalamu 'alaikum wa rahmatuLlahi wa barakatuh,
>
>
> Dear friends,
>
>
> Dr. Mohammad Omar Farooq posed some questions (or objections?) regarding
> the Gift Economy article I sent. See below.
>
>
> I'm going to let Dr Adi Setia answer the questions/objections because he is
> 'building' a theoretical foundation for it. I would attempt an answer once
> my heavy travel schedule subsided.
>
>
> With best wishes
> Surya
>
>
>
>
>
>
>
> Re: Can We Make the Gift Economy Work?
> Posted by: farooqm59
> Mon Dec 15, 2008 9:01 pm (PST)
> In response to:
> http://finance.groups.yahoo.com/group/ibfnet/message/10077
> =============================================
>
> Salam and greetings.
>
> Surya Darma wrote:
> "Readers know I'm an advocate of the Gift (or 'Generosity') Economy
> as a replacement for the Market Economy. Where the Market Economy tends to
> concentrate wealth, rewards distortion and abuse by the rich and powerful,
> is predicated on self-interest and scarcity, and is amoral ..."
>
> The notion of "Gift Economy" deserves further exploration. However,
> claiming that where market economy is "predicated on self-interest ..., it
> is amoral," implies that the notion of self-interest itself has something to
> do with being amoral. If this is implied, it is an utterly erroneous view
> and understanding.
>
> I am a Muslim because of my self-interest. The choices I make in
> life should be dictated by my self-interest. Since as a Muslim I seek the
> hasanah in both the worlds, my self-interest is more comprehensive. Not only
> that there is nothing inherently wrong or amoral about self-interest, it is
> acknowledged and validated in the Qur'an.
>
> As Muslims we should be careful in making such overstretched
> remarks and having such views that is explicitly contradicted by the Qur'an.
>
> Fi amanillah.
>
> ========================================
> Dr. Mohammad Omar Farooq
> Royal University for Women
> KOB
>
>
>
>
>
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>
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and any attachments for the presence of viruses. Surya accepts no liability
for any damage caused by any virus transmitted by this email.
--
This message and any attachments (the 'message') is intended solely for the
addressee(s) and is confidential. If you receive this message by mistake,
please delete it and notify the sender at once. Any use not in accordance
with its purpose, and/or any dissemination or disclosure, either whole or
partial, is strictly prohibited except with formal approval. The Internet
cannot guarantee the integrity of this message. Surya shall and will not be
liable for the message if modified. The recipient should check this email
and any attachments for the presence of viruses. Surya accepts no liability
for any damage caused by any virus transmitted by this email.
