Can someone point me in the direction of commentary (traditional or modern) on this hadith? I wonder how the ulema read it, and what is the best interpretation.
@joebradford?
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Prikaži ovu nit
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There is sigc a tendency to read all sorts of grand narratives into what are often mundane exchanges. This is basically someone asking the Prophet if he can control the market prices and him saying sorry I can’t. the invocation of God there is unremarkable in their context
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Not sure if there are mundane exchanges and to what extent we can distinguish between meaningful interpretations using “grand narratives” and non-meaningful interpretations? Were pre-modern interpretations somehow without baggage?
- Još 6 drugih odgovora
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Somewhat related: In David Graeber’s book debt, he claims that one of the few examples of something resembling an actual free market can be found in some medieval Islamic societies (I forget which ones - it’s been a while). Also, in these societies markets functioned more or...
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…less as extensions of mutual aid / co-operation, and were regulated by norms of trust and honor, rather than being seen as a means of individual accumulation. I know very little about early Islamic history, but Islam being pretty market-friendly wouldn’t surprise me, since...
- Još 4 druga odgovora
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Hadith itself has multiple versions, all full of chain issues we could nitpick. But honestly, If the prophet did say it - it was in a context of actions/statements that had Abu Dharr convinced Islam demanded intense income redistribution.
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Prophet could also just have had a concern that later generations would view his interventions in the market as divinely ordained. Then we'd be in a bind. Zakat rules around the Nisab amount differ by about $3000. Allah knows the issues we'd have if the Prophet set good prices.
- Još 1 odgovor
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Idk much about the fiqh related to markets and their functioning but I can tell you this: the Pakistani elites (mostly generals and industrialists) during the cold war actively touted the pro-market themes in Islam as a way of tilting the population's preferences towards...
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...the western world and away from the Eastern bloc. This trend became particularly strong in the Islamization project of 1980s by Zia ul Haq. Even now we see vestiges of that indoctrination in many people arguing against socialism, etc. by way of religion.
- Još 4 druga odgovora
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