[Islam-Online- Economy]

Economic Uprising Disturbs Israel!

Confrontation and war are not confined to the battlefields only. Rather, they extend to many other arenas – of which economics is one of the foremost. This reality is so relevant to Palestines that their uprising to protest the efforts of the Israelis – with banners, stones and the like, must be accompanied by an economic uprising as well. This article discusses this matter.

Globalization and The Future of Islamic Civilization
Civilization: Let me begin with civilization. A British philosopher, Bertrand Russel, once said 'civilization was born out of the pursuit of luxury'. Because luxury was pursued you ended up with great works, music, the Palace of Versailles, the Taj Mahal etc. Then much closer to our times you had civilization interpreted more in economic terms, and you had Adam Smith virtually who said that civilization, or at least Western civilization was born out of the pursuit of profit.

IMF and WB Please Nobody
At a time when world economies are getting closer, perhaps, more than any time in the past, people and countries around the world should perhaps be looking up to the world's two top financial organizations (International Monetary Fund and the World Bank) for inspiration. The opposite is actually happening. The world is condemning them.

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