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The Middle Path of Moderation in IslamThe Qur'anic Principle of Wasatiyyah$
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Mohammad Hashim Kamali

Print publication date: 2015

Print ISBN-13: 9780190226831

Published to Oxford Scholarship Online: June 2015

DOI: 10.1093/acprof:oso/9780190226831.001.0001

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Wasaṭiyyah and Globalization

Wasaṭiyyah and Globalization

Chapter:
(p.203) XX Wasaṭiyyah and Globalization
Source:
The Middle Path of Moderation in Islam
Author(s):

Mohammad Hashim Kamali

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780190226831.003.0020

This chapter advances a perspective on advantages and disadvantages of globalization, as well as how it is perceived by the weaker economies, and the Muslim world generally. On one hand, globalization has the potential to provide for easier communication; a more effective means of addressing matters such as human rights, public accountability, women’s issues, and dealing with corrupt dictators; and an expansion of trade and foreign investment, which, in turn, often accelerates social mobility and strengthens the middle class. On the other hand, globalization tends to bring about greater disparity between the haves and have-nots, as well as popularizing a consumer culture and placing greater emphasis on materialist possessions that erode traditional values. After delving into both sides of this phenomenon, the chapter discusses the view that the Islamic principle of unity (tawhid) has strong pro-globalization characteristics.

Keywords:   suspicion, optimism, market, mobility, capitalism, equality, human rights

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