Neoliberalism, Islam and the idea of mankind

Abstract

In western Philosophical discussion, history is believed as a dialogue between societies on socioeconomic system. Self-contradictory ideas are replaced by those who overcome those contradictions. After the defeat of Marxism and the triumph in the war in Iraq, pundit in the global north believed neoliberalism as the end of history and final form of human system of government. It was also claimed that neoliberalism successfully satisfied all the previous ideological contradictions. In contrast Muslims believes that Islam already provided the best and everlasting ideology for the welfare of entire humanity. This study therefore intends to thoroughly compare the claims of these contrasting ideologies by taking the gnosis of human being. Using the methodology of library research this paper investigated that how the liberal and Islamic economists conceptualize man in their analysis and to what degree the concept of man has been universalized. In neoliberalism there is complete silence on the issue of human incorporeal soul while Muslims writers explained it in a sensible and easy to understand manner. Islam consider human being as the noble, perfect and best (Ashraful Makhlooqat) among all the creatures.