Westernizing the Third World

Mehmet, Özay

doi:10.4324/9780203255582

Cited by 59 publications

(7 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Most American franchises (Macdonald, Kentucky Chicken, Harvey and Hardy, etc. ) seek global economic rents from their subsidiaries in the developing world as in the case of banana corporations (Mehmet, 1995).…”

Section: Part I Organizational Behavior In Mainstream Corporate Governance Theorymentioning

confidence: 99%

Corporate governance in Islamic perspective

Choudhury

Alam²

2013

I J Islam Mid East Fin and Mgt

View full text Add to dashboard Cite

Purpose -The purpose of this paper is to delineate the substantially different theory and application of corporate governance idea in Islamic financial theory contrary to the perceived one in the literature. Thus, a comparative and contrasting examination of the topic is provided. Design/methodology/approach -A theoretical and extensively comparative study of the literature to bring out the objective of presenting the systemic theory of Islamic corporate governance underlying its specific epistemological foundations. Findings -The hetrodox theory of Islamic finance in regards to the theme of corporate governance is shown to be a viable alternative way of understanding this topic in the light of the particular Islamic epistemological premise. Thus, Islamic financial perspective, exemplified here in terms of corporate governance, is expounded. Research limitations/implications -Empirical extension can be made but such epistemological responses are presently not available from the Islamic financial institutions because of their imperfect premise on the epistemology of unity of knowledge and organization on which the theory of Islamic corporate governance rests. Social implications -A vast social implication of corporate govarnance is opened by its epistemological inquiry comprehending integrated decision-making and systemic complemenatrities expending across society at large. Thereby, a socio-financial theory of corporate governance in the epistemological context is elaborated upon. Originality/value -This is a pathbreaking paper premised on its epistemological approach of unity of knowledge and learning systems as a distinct contribution in the theory of corporate governance in the field of ethical socio-financial perspective.

show abstract

Section: Part I Organizational Behavior In Mainstream Corporate Governance Theorymentioning

confidence: 99%

Corporate governance in Islamic perspective

Choudhury

Alam²

2013

I J Islam Mid East Fin and Mgt

View full text Add to dashboard Cite

show abstract

“…Recent research identifies globalisation as the major structural force shaping national (and inevitably local) social, economic and political transition, indicating that our immediate future is one of globalised urbanisation (Knox & Agnew, 1994;Knox & Marston, 1998;Mehmet, 1995).…”

Section: Globalisation and Metropolitan Transformationsmentioning

confidence: 98%

Urban conservation in Istanbul: evaluation and re-conceptualisation

Kocabas

2006

Habitat International

View full text Add to dashboard Cite

“…Liberalism and democracy as twin political philosophy are imitative of Greek rationalism and elitism upon which Western civilization is premised (Popper, 1966). Yet for all that we know never in the history of mankind has any democratic western government been fair and humane without a clandestine agenda on the Third World (Mehmet, 1995). Within itself as well, Western political philosophy has promoted the worst kinds of racism and oppression (Garaudy, 1985).…”

Section: Review Of the Literaturementioning

confidence: 99%

The “impossibility theorems” of Islamic economics

Choudhury

2012

International Journal of Islamic and Middle Eastern Finance and Management

View full text Add to dashboard Cite

PurposeThe purpose of this paper is to bring out with analytical argumentation and mathematical treatment the central problem of Islamic economics, finance, institutionalism and socio‐scientific thought as it is being practiced today and for some time now. The problem arises from the failure of contemporary Islamic intellection to formulate its methodology according to the cardinal principle, and the singularly central and minimal axiom of all its inferences. This is the precept of the oneness of God explained in terms of the epistemology of unity of divine knowledge and the unity of the consequential knowledge‐induced world‐system.Design/methodology/approachThe objective is achieved by mathematical theorems for pointing out the impossibility problem of Islamic economics and finance. The analytical alternative in the epistemological framework of unity of knowledge, or the functional law of oneness of God in its functional ontological functioning in economics and finance are formalized.FindingsA number of Impossibility Theorems of Islamic economics and finance are stated and solved. Alternative epistemological premise and its functional nature are presented in the light of unity of knowledge or what is known as the law of oneness of God and its application to the unified world‐system.Research limitations/implicationsThis is a theoretical paper based on analytical argumentation and mathematical formalism to bring out the theorems that state and resolve the problem of impossibility of attaining the goals of Islamic economics and finance under their present pursuit.Practical implicationsAlthough the paper is of a theoretical nature it has profound practical extensions. The principal ones are in the direction of developing the structure of Islamic economy and financing within a globally interactive, integrative and evolutionary system of practical interrelations. Such a structuring will embed the economy, finance, business and society in an organic model of unity of interrelations.Social implicationsThe paper presents a new social and ethical meaning to the present exogenous treatment of Islamic economics that proceeds on by an exogenous treatment of morality, ethics and their functioning in an unsustainable economic, finance, and social order.Originality/valueThis paper is emphatically original. It questions the entire premise and methodological orientation of the prevailing nature of Islamic economics and finance. The intellection and its application based on the absence of unity of knowledge as the divine mooring of Islamic intellection in everything has been distanced or treated as an exogenous still‐born axiom having no dynamics in the analytical and functional system otherwise.

show abstract

Westernizing the Third World

Cited by 59 publications

References 0 publications

Corporate governance in Islamic perspective

Corporate governance in Islamic perspective

Urban conservation in Istanbul: evaluation and re-conceptualisation

The “impossibility theorems” of Islamic economics

Contact Info

Product

Resources

About