Is Islamic law to blame for the Middle East's economic failures?

Discussion in 'Middle East - General' started by High_Gravity, Oct 19, 2011.

  1. High_Gravity
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    High_Gravity Belligerent Drunk Supporting Member

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    Is Islamic law to blame for the Middle East's economic failures?

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  2. JStone
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    Noooooooooooooooooooooooooooooooooo

    Quran 9:29: Fight against those who (1) believe not in Allâh, (2) nor in the Last Day, (3) nor forbid that which has been forbidden by Allâh and His Messenger (4) and those who acknowledge not the religion of truth (i.e. Islâm) among the people of the Scripture (Jews and Christians), until they pay the Jizyah[] with willing submission, and feel themselves subdued.
     
  3. PoliticalChic
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    But, despite that, the report was a bombshell nonetheless, though the only thing that would surprise those who are familiar with the situation in the Arab world is its nondiplomatic language and criticism, and naming of the faults. Arab societies are paralyzed because of the absence of political freedoms, the persecution of women, and isolation from the world and new ideas.

    The oil wealth is matched by social backwardness, and the only other region of the world with an income level lower than ours is sub-Saharan Africa. Productivity is decreasing, scientific research is virtually nonexistent, the region is suffering a brain drain, and illiteracy afflicts half of Arab women. The report was only diplo-matic concerning implicit criticisms of extremist Islamist movements as a cause of the culture of backwardness and absence of fertile ground for democ-racy. Interestingly, the report found that the total number of books translated into Arabic yearly is no more than 330, or one-fifth of those translated in a small country like Greece.

    Indeed, the total number of books translated into Arabic during the 1,000 years since the age of Caliph Al-Ma’moun [a ninth-century Arab ruler who was a patron of cultural interaction between Arab, Persian, and Greek scholars—WPR] to this day is less than those translated in Spain in one year. The report noted that Arab rulers stay in office all their lives and create dynasties that inherit power, and the peoples are unable to institute change.
    Arab Human Development Report - Worldpress.org
     
  4. Ropey
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    ^ # 1 reason for the cultural and ideological demarcation line imo...
     
  5. JStone
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    Investor's Business Daily: How Free Israel Prospers As Islam Remains In The Dark
    How Free Israel Prospers As Islam Remains In Dark - Investors.com

    Israel, a New Jersey-sized nation of 7.5 million people (1.7 million of whom are Arab) filed 7,082 international patents in the five years ending in 2007. By contrast, 28 majority-Muslim nations with almost 1.2 billion people — 155 times the population of Israel — were granted 2,071 patents in the same period. Narrowing the comparison to the 17 Muslim nations of the Middle East from Morocco to Iran and down the Arabian Peninsula, the 409 million people in that region generated 680 patents in five years.
    This means that the Arab and Iranian world produced about one patent per year for every 3 million people, compared with Israel's output of one annual patent for every 5,295 people, an Israeli rate some 568 times that of Israel's neighbors and sometime enemies.

    The awarding of Nobel Prizes in the quantitative areas of chemistry, economics and physics shows a similar disparity, with five Israeli winners compared with one French Algerian (a Jew who earned the prize for work done in France) and an Egyptian-American (for work done at Caltech in California).

    But wealth isn't the sole explanation for this disparity in intellectual innovation. Saudi Arabia enjoyed a per capita income of $24,200 in 2010. Yet the Kingdom averages an anemic 37 patents per year compared with Israel's 1,416 per year — and there are 3 1/2 times more Saudis than Israelis, meaning that Israel's per capita output of intellectual property is 132 times greater than Saudi Arabia's.

    The telltale signs of Israel's economic rise can be seen in the Tel Aviv skyline and the new office complexes around Jerusalem. International giant Teva Pharmaceutical Industries Ltd. was founded in 1901 by three pharmacists in Jerusalem. Today it employs 40,000 around the world. Teva has a market cap of $44.2 billion — the most highly valued company based in Israel and the ninth-largest firm traded on the Nasdaq

    A few miles from Teva's gleaming office campus west of the Old City sits the former national mint building for the British Mandate. Built in 1937, this renovated building, along with the old Ottoman Empire railway warehouses next to it, houses the JVP Media Quarter and 300 entrepreneurs.

    The complex hosts Israel's leading venture capital firm, Jerusalem Venture Partners, as well as 35 startups and a performing arts center for good measure. JVP, which has helped launch 70 companies since 1993, has more than $820 million under management with seven active venture capital funds.

    The Media Quarter concept was created in 2002 when JVP founder Erel Margalit wanted to create a media-focused incubator that combined technology, culture, art and business. JVP has shepherded 18 initial public offerings, mergers and acquisitions, including some of the largest Israel-based companies: Qlik Technologies, Netro Corp., Chromatis Networks, Precise Software, Cogent Communications.

    Less than 300 miles separate the purposeful creative buzz in the JVP Media Quarter from the restive streets of Cairo, where the Muslim Brotherhood tells Egypt's unemployed that their plight is the fault of corrupt capitalists and Jews. It doesn't take a Nobel Prize-winning economist to figure out where these two economies are going.
     
  6. Toro
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    Partly, yeah.

    It's also hindered by corruption, bad education, restrictive business practices and the absence of the rule of law.
     
  7. High_Gravity
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    You pretty much nailed it PC, brain drain is a big problem on Islamic countries because once an educated Muslim comes to the US or Europe they don't want to go back because they have gotten a taste of something better. Plus from being over there in the Middle East I can tell you that oil money doesn't necessarily mean a high standard of life, the Gulf Countries are filthy rich in oil money but their countries at the end of the day are third world shit holes. Plus, the Islamists see education as a threat because people might be able to see through their bullshit, and they don't like that.
     
  8. High_Gravity
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    Another problem in the region nobody has mentioned is inbreeding, that definently does not help matters at all.
     
  9. JStone
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    It doesn't help that Muslimes believe that allah wills their fate. Thus, in their distorted minds, they are backward because allah wants it that way. If allah want them to be successful, allah will make that happen, too. They actually believe that self-defeatist nonsense based on the teachings of an illiterate cave-dwelling bum and pedophile
     
  10. High_Gravity
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    Well is it allahs will that all these Muslim countries are backwards third world shit holes?
     

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