Riba v. Marx's Exploitation Analytical Essay by Top Papers

Riba v. Marx's Exploitation
A look at the Islamic concept of Riba, and Marx's famous premise that the working class is exploited by capitalist elites.
# 132638 | 2,750 words | 5 sources | MLA | 2007 | US


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Description:

This paper examines the Islamic concept of Riba, and analyzes Marx's famous articulation of the premise that the working class is exploited by capitalist elites. All in all, the paper asserts, these concepts are similar insofar as each holds that the working class (the poor in general) is exploited by individuals above them in the socio-economic order eager to advance their own financial interests. The paper also looks at how Riba and the Marxist idea of exploitation are linked and also at how they appear to be different; a brief interlude will also be devoted to looking at how Islamic banks inspired by Islamic law and theology differ substantively and procedurally from western banks. Finally, a few final thoughts will be offered with regards to the merits of Islamic law and Marxism vis-a-vis their shared concern for less-fortunate individuals. In the end, the conclusion of this paper is that both schools of thought are exceptional at articulating the needs of poor and struggling persons - but that the Islamic school of thought appears to be the more prudent and practical.

From the Paper:

"The following paper will look at the Islamic concept of Riba and at Marx's famous articulation of the premise that the working class is exploited by capitalist elites. All in all, both of these concepts are similar insofar as each holds that the working class (the poor in general) is exploited by individuals above them in the socio-economic order eager to advance their own financial interests. The next several pages will obviously look at how Riba and the Marxist idea of exploitation are linked and also at how they appear to be different; a brief interlude will also be devoted to looking at how Islamic banks inspired by Islamic law and theology differ ..."

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APA Format

Riba v. Marx's Exploitation (2007, December 01) Retrieved June 20, 2019, from https://www.academon.com/analytical-essay/riba-v-marx-exploitation-132638/

MLA Format

"Riba v. Marx's Exploitation" 01 December 2007. Web. 20 June. 2019. <https://www.academon.com/analytical-essay/riba-v-marx-exploitation-132638/>

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