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Occupy Wall Street–With “Islamanomics”?!


Dave Emory’s entire life­time of work is avail­able on a flash dri­ve that can be obtained here. [1] (The flash dri­ve includes the anti-fas­cist books avail­able on this site.)

COMMENT: In past posts, we have not­ed the ide­o­log­i­cal under­pin­nings of  [2]Adbusters [2] mag­a­zine, which appers to be the gen­e­sis point of the Occu­py Wall Street [3] move­ment. We have also not­ed edi­tor Kalle Las­n’s Eston­ian back­ground and famil­ial her­itage sug­ges­tive of inclu­sion in the milieu of the ver­triebene groups.

His sug­ges­tion that the world’s poor and dis­en­fran­chised turn to Islam­ic eco­nom­ic and social the­o­ry and prac­tice is price­less, and frankly typ­i­cal of the poor qual­i­ty of the think­ing he man­i­fests.

Sev­er­al points:

“Isla­m­o­nom­ics” by Kalle Lasn; Adbusters; 1/25/2010. [6]

EXCERPT. . . . Per­haps, as the dis­par­i­ty between glob­al wealth and des­ti­tu­tion con­tin­ues to grow, peo­ple liv­ing in the impov­er­ished parts of the world will begin to opt out of the West­ern mod­el of eco­nom­ic thought and embrace a ver­sion of Isla­m­o­nom­ics instead. When con­front­ed with the pos­si­bil­i­ty of a bru­tal future, the cen­tral idea of all Islam­ic thought, that of a “just soci­ety” built upon com­pas­sion, jus­tice and equi­ty, has pow­er­ful appeal.

If lib­er­al cap­i­tal­ism con­tin­ues to fal­ter and favor the rich and if our mar­ket-based eco­nom­ic log­ic can­not be “the ris­ing tide that lifts all boats,” then a mass reeval­u­a­tion of eco­nom­ic the­o­ry may sweep the globe. In an effort to rec­ti­fy pro­found eco­nom­ic imbal­ance and save them­selves, peo­ple may embrace a form of Zakat: the prac­tice where­by all who are able donate a por­tion of their wealth to the poor. They may decide to pro­tect what’s left of the nat­ur­al wealth of their coun­try by des­ig­nat­ing swaths of area Hima: invi­o­late zones that are pro­tect­ed from the reach of multi­na­tion­al cor­po­ra­tions. And they may embrace the notion of Haraam: the idea that all wealth obtained to the detri­ment of oth­ers is for­bid­den.

It would be an epic rethink – a tec­ton­ic par­a­digm shift; a great leap beyond the brand of soul­less neo­clas­si­cal think­ing that defines our eco­nom­ic real­i­ty today. It would inject an ele­ment of human­i­ty into the cal­lous philo­soph­i­cal sys­tems under­ly­ing the World Bank and the WTO and for­ev­er shift the foun­da­tions upon which eco­nom­ic sum­mits and uni­ver­si­ty cur­ricu­lum stand. . . .