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Islam and the Spirits of Capitalism

Competing Articulations of the Islamic Economy

Bibliographic Data

ID2317399
AuthorsAisalkyn Botoeva (Harvard Law School, corresponding author)
Year2018
Volume46
Issue2
Pages235-264
Publication date2018-06-01
Peer ReviewedYes
Open AccessYes
TypeARTICLE
VenuePolitics & Society (JOURNAL)
Journal identifiersISSN: 0032-3292 • E-ISSN: 1552-7514
PublisherSAGE Publications Inc (PUBLISHER)
DOI10.1177/0032329218776014
OpenAlexW2804504483
LanguageEN
Citations received9

Why has the Islamic economy, as a model of socioeconomic development, gained traction as a viable option? The existing literature suggests that the Islamic economy has been popularized by a combination of factors, including anticolonial movements, a global renewal of religiosity, and the activities of new social strata who merge piety with capitalist orientations. These approaches, however, tend to homogenize social actors, subsuming them under the overarching label of Islamism. In contrast, this article employs the lens of "intra-hegemonic struggles" to identify three competing orientations of Islamism and their manifestation in the economy. Drawing on eighteen months of fieldwork in Kazakhstan and Kyrgyzstan, it argues that this contestation motivates diverse segments of the society to create and engage in the Islamic economy, rather than any single state-driven or identity-based movement. The article synthesizes three otherwise isolated bodies of work: the political sociology of articulation, new theories of Islamism, and the concept of imaginaries from economic sociology

Articulation (sociology) · Capitalism · Economic system · Economics · Economy · Islam · Piety · Political economy · Political science · Politics · Religiosity · Sociology · Islamic Finance and Banking Studies · Islamic Studies and History · Law · Religion, Society, and Development

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Unique citing works9
Citations per year1,5
Citation span2020 - 2025 (6)
Citation velocityrecent
Highly citedNo
Citation typesNeutral: 9

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