Rationality, risk, uncertainty, and Islamic finance
Islamic finance rejects the notion of wholly rational calculations of uncertainty and risk, and provides opportunities through which the calculative rationality of economics can be refracted and understood anew—namely, through ethical possibilities that are typically taken as counterpoint to market-...
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| Format: | Book section |
| Language: | English |
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Palgrave Macmillan
2017
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| _version_ | 1797077212800745472 |
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| author | Kustin, B |
| author2 | Burchardt, M |
| author_facet | Burchardt, M Kustin, B |
| author_sort | Kustin, B |
| collection | OXFORD |
| description | Islamic finance rejects the notion of wholly rational calculations of uncertainty and risk, and provides opportunities through which the calculative rationality of economics can be refracted and understood anew—namely, through ethical possibilities that are typically taken as counterpoint to market-driven capitalism. Global shifts in concentrations and movements of capital and power are entwined with the Islamic finance industry’s rapid ascent from experimental to full-fledged in the 1990s. As an economic anthropologist, my approach to Islamic finance invokes disciplinary shifts in anthropology also intimately entwined with the falling walls of 1989—synecdoche for a triumph of capitalism, the downfall of communism, and new velocities in capital circulation across eroding borders. |
| first_indexed | 2024-03-07T00:14:40Z |
| format | Book section |
| id | oxford-uuid:7a672ad5-1a87-49d6-9210-c09bdf885f4d |
| institution | University of Oxford |
| language | English |
| last_indexed | 2024-03-07T00:14:40Z |
| publishDate | 2017 |
| publisher | Palgrave Macmillan |
| record_format | dspace |
| spelling | oxford-uuid:7a672ad5-1a87-49d6-9210-c09bdf885f4d2022-03-26T20:43:53ZRationality, risk, uncertainty, and Islamic financeBook sectionhttp://purl.org/coar/resource_type/c_1843uuid:7a672ad5-1a87-49d6-9210-c09bdf885f4dEnglishSymplectic ElementsPalgrave Macmillan2017Kustin, BBurchardt, MKirn, GIslamic finance rejects the notion of wholly rational calculations of uncertainty and risk, and provides opportunities through which the calculative rationality of economics can be refracted and understood anew—namely, through ethical possibilities that are typically taken as counterpoint to market-driven capitalism. Global shifts in concentrations and movements of capital and power are entwined with the Islamic finance industry’s rapid ascent from experimental to full-fledged in the 1990s. As an economic anthropologist, my approach to Islamic finance invokes disciplinary shifts in anthropology also intimately entwined with the falling walls of 1989—synecdoche for a triumph of capitalism, the downfall of communism, and new velocities in capital circulation across eroding borders. |
| spellingShingle | Kustin, B Rationality, risk, uncertainty, and Islamic finance |
| title | Rationality, risk, uncertainty, and Islamic finance |
| title_full | Rationality, risk, uncertainty, and Islamic finance |
| title_fullStr | Rationality, risk, uncertainty, and Islamic finance |
| title_full_unstemmed | Rationality, risk, uncertainty, and Islamic finance |
| title_short | Rationality, risk, uncertainty, and Islamic finance |
| title_sort | rationality risk uncertainty and islamic finance |
| work_keys_str_mv | AT kustinb rationalityriskuncertaintyandislamicfinance |