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Al-Ä azÄlÄ« e il âbuon mercanteâ
in Studi MagrebiniSearch for other papers by Ersilia Francesca in
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Abstract
Medieval economic thought broke down the boundaries set by the natural economy and placed the merchant on a higher level than the farmer or the artisan. Rich merchants represented a powerful and respected class in Islamic world, near power without ever acquiring the capacity to manage or condition it. Merchant behaviour was considered the correct (or at least partially correct) way to use money. Trading meant putting money (and wealth in general) in circulation; so like charity and alms, it guarantees the virtuous circulation of goods within the community.
Taking clearly stimulus from AbÅ« ṬÄlib al-MakkÄ« (d. 996), al-Ä azÄlÄ« (d. 1111) represents the moral weakness and ambiguity of the merchant and his constant hovering in society as a figure lying between selfish greed and public usefulness. This is not the authorâs aversion to earnings and trade; on the contrary he considered the merchant to be part of the ânatural orderâ of things. Only through âexchangeâ can man satisfy all his needs, and the market/merchant is the link between the producer (farmer and artisan) and consumer. In this way a complex society is created in which the accumulation of wealth is essential for further development and where the market itself â the law of supply and demand â defines the âfair priceâ. Thus al-Ä azÄlÄ« recognises the importance of trade in the economy of the Muslim world and, like AbÅ« ṬÄlib al-MakkÄ«, he dictates the rules for behaviour for a âgood merchantâ.
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| Insgesamt | Letzte 365 Tage | In den letzten 30 Tagen | |
|---|---|---|---|
| Aufrufe von Kurzbeschreibungen | 287 | 42 | 6 |
| Gesamttextansichten | 4 | 1 | 1 |
| PDF-Downloads | 10 | 3 | 3 |
Al-Ä azÄlÄ« e il âbuon mercanteâ
in Studi MagrebiniSearch for other papers by Ersilia Francesca in
Current site
Google Scholar
PubMed
Abstract
Medieval economic thought broke down the boundaries set by the natural economy and placed the merchant on a higher level than the farmer or the artisan. Rich merchants represented a powerful and respected class in Islamic world, near power without ever acquiring the capacity to manage or condition it. Merchant behaviour was considered the correct (or at least partially correct) way to use money. Trading meant putting money (and wealth in general) in circulation; so like charity and alms, it guarantees the virtuous circulation of goods within the community.
Taking clearly stimulus from AbÅ« ṬÄlib al-MakkÄ« (d. 996), al-Ä azÄlÄ« (d. 1111) represents the moral weakness and ambiguity of the merchant and his constant hovering in society as a figure lying between selfish greed and public usefulness. This is not the authorâs aversion to earnings and trade; on the contrary he considered the merchant to be part of the ânatural orderâ of things. Only through âexchangeâ can man satisfy all his needs, and the market/merchant is the link between the producer (farmer and artisan) and consumer. In this way a complex society is created in which the accumulation of wealth is essential for further development and where the market itself â the law of supply and demand â defines the âfair priceâ. Thus al-Ä azÄlÄ« recognises the importance of trade in the economy of the Muslim world and, like AbÅ« ṬÄlib al-MakkÄ«, he dictates the rules for behaviour for a âgood merchantâ.
| Insgesamt | Letzte 365 Tage | In den letzten 30 Tagen | |
|---|---|---|---|
| Aufrufe von Kurzbeschreibungen | 287 | 42 | 6 |
| Gesamttextansichten | 4 | 1 | 1 |
| PDF-Downloads | 10 | 3 | 3 |
