The Controversy of Muhammad Baqir Ash-Sadr's Thoughts (Eastern Capitalist) with the Thoughts of Karl Marx and Max Weber (Western Capitalists) in the Context of Global Islamic Economic System

Abstract

The fight in the globalization field between Eastern business people and Western industrialists shows strength for both. This article examines the improvement of Islamic financial matters in light of the contemplations of Muhammad Baqir Ash-Sadr, Karl Marx, and Max Weber in the humanistic perspective by taking a gander at the standards of worldwide Islamic financial matters in helping out a few non-Muslim nations. This research method uses library research, namely, taking information from books and scientific articles relevant to the problem to be answered. The consequences of this study show that the reasoning of Marx and Weber about the Islamic monetary framework encountering a decay was gone against by Muhammad Baiqr Sadr. That's what sadr censures if Marxism denies things connected with a powerful way of thinking; without anyone else, Marxism has isolated itself from things not related to science. The standards of Islamic lessons as the principal reason for making progress in business are demonstrated to have the option to contend worldwide. For instance, Saudi Aramco organizations, Islamic Development Bank (IDB), Qatar National Bank (QNB), Ooredoo, and the Fly Emirad Company are clear confirmations that they are huge organizations and impact financial backers in Western nations.

"Hamka-Ccounting": Defining the Philosophy of Hamka's Political Economy of Accounting

“…The material way of production turns out to be the only source of humanity. Marx described the means of production in detail, explaining that human supremacy ultimately results from the superiority of the means of production (Brennan, 2022;Desky, 2022). Humans generate through collaboration rather than competition.…”

“…As a result, human brilliance in the world is a product of the chains of human desire. In addition, depending on PEA's ideological foundations, socialism is where it comes from straying from Marx's focus on human freedom and seeking solutions to issues so that people don't become socially isolated (Cervera-Marzal, 2022;Desky, 2022;Sokarina, 2020). Only when personal rights are destroyed will people be freed from (Brennan, 2022;Calnitsky, 2022).…”

“…The individualistic philosophy that determines common interests is the core issue with the homo economicus concept (Desky, 2022;Sokarina et al, 2019). This doctrine derives from inclinations that are incompatible with human nature.…”