Does Neo-liberalism OR Islam better serve the Humanity, the Case of Alcoholic Drinks

Hayat, Azmat and Mohd Shafiai, Dr Muhammad Hakimi and Haron, Mohamad Sabri and Shah, Sy. Munawar (2018): Does Neo-liberalism OR Islam better serve the Humanity, the Case of Alcoholic Drinks.

Abstract

Fukuyama described the triumph of neoliberalism over hereditary monarchism, Marxism and Fascism, as the end-point of mankind ideological evolution and the universalization of western liberal democracy as the final form of human civilization. Muslims believes that Islam already provided the best and everlasting ideology for the welfare of humanity. The logic of Islam is based on the intervention in the socioeconomic affairs of mankind, while neoliberalist believes on non-intervention. Using the methodology of library research, this study investigated whether neoliberalism or Islam serves the greatest interest of the greatest numbers by taking the case of alcoholic drinks. Results indicate that besides the internal contradiction, neoliberalism is attributable to the greatest harm to the greatest number while in the dogma of Islam there is all-time greatest benefits to the greatest number.

• Item Type: MPRA Paper
• Language: English
• Keywords: Western civilization, Public good, Intoxicants, Public Interest, Liberalism and Islam
• Subjects: H - Public Economics > H4 - Publicly Provided Goods; P - Economic Systems > P1 - Capitalist Systems; P - Economic Systems > P1 - Capitalist Systems > P16 - Political Economy; P - Economic Systems > P5 - Comparative Economic Systems; P - Economic Systems > P5 - Comparative Economic Systems > P51 - Comparative Analysis of Economic Systems; Y - Miscellaneous Categories > Y9 - Other

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