Early Islam and the Birth of Capitalism is popular PDF and ePub book, written by Benedikt Koehler in 2014-06-17, it is a fantastic choice for those who relish reading online the Business & Economics genre. Let's immerse ourselves in this engaging Business & Economics book by exploring the summary and details provided below. Remember, Early Islam and the Birth of Capitalism can be Read Online from any device for your convenience.
Early Islam and the Birth of Capitalism Book PDF Summary
Early Islam and the Birth of Capitalism proposes a strikingly original thesis—that capitalism first emerged in Arabia, not in late medieval Italian city states as is commonly assumed. Early Islam made a seminal but largely unrecognized contribution to the history of economic thought; it is the only religion founded by an entrepreneur. Descending from an elite dynasty of religious, civil, and commercial leaders, Muhammad was a successful businessman before founding Islam. As such, the new religion had much to say on trade, consumer protection, business ethics, and property. As Islam rapidly spread across the region so did the economic teachings of early Islam, which eventually made their way to Europe. Early Islam and the Birth of Capitalism demonstrates how Islamic institutions and business practices were adopted and adapted in Venice and Genoa. These financial innovations include the invention of the corporation, business management techniques, commercial arithmetic, and monetary reform. There were other Islamic institutions assimilated in Europe: charities, the waqf, inspired trusts, and institutions of higher learning; the madrasas were models for the oldest colleges of Oxford and Cambridge. As such, it can be rightfully said that these essential aspects of capitalist thought all have Islamic roots.
Detail Book of Early Islam and the Birth of Capitalism PDF
- Author : Benedikt Koehler
- Release : 17 June 2014
- Publisher : Lexington Books
- ISBN : 9780739188835
- Genre : Business & Economics
- Total Page : 239 pages
- Language : English
- PDF File Size : 19,5 Mb
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