Perspectives on Morality and Human Well-Being. Syed Nawab Haider Naqvi
Чтение книги онлайн.

Читать онлайн книгу Perspectives on Morality and Human Well-Being - Syed Nawab Haider Naqvi страница 6

Название: Perspectives on Morality and Human Well-Being

Автор: Syed Nawab Haider Naqvi

Издательство: Ingram

Жанр: Экономика

Серия:

isbn: 9780860376477

isbn:

СКАЧАТЬ stranglehold of its traditional religious positions on distributive justice and poverty reduction; but the differences between the old and the new still lie more in the mesmerising appeal of the chosen words and less in substance. Thus, distributive justice is still equated by Christianity and Judaism with the inegalitarian Aristoetlian concept of “commutative justice” – i.e., that which seeks equality in bilateral personal and economic relations – and the right of poor peoples and nations in the wealth of the rich is quietly ignored in intellectual debate as well as in policy-making.1 The superiority of Islamic ethics in this respect comes out clearly in the recent relative economic performance of Muslim and non-Muslim societies. There is evidence that the (poorer) Muslim countries, on average, have done significantly better than the (much richer) non-Muslim countries on account of distributive justice. This result, which is decidedly related to their respective ethical heritage, is the more remarkable for all the impediments to distributive justice (e.g., feudalism) which Muslim societies themselves erected – and, unfortunately, sometimes justified in the name of religion. Yet, the manifest originality of the Islamic message in this respect notwithstanding, it is still unwise for Muslim thinkers to become excessively complacent and tradition-bound. ‘Secular’ moral philosophy would definitely help in articulating the Islamic thinking on the subject more explicitly and cogently as a guide to practical policy. Thus, for instance, the former makes transparent that Muslim countries have come out badly with respect to attempts at poverty reduction, despite the clarity of their moral message, because the unattended moral hazard and assurance problems would not permit private morality alone to address this issue comprehensively. The success in poverty reduction hinges on a proactive public policy that helps sustain high rates of economic growth and human development for decades at a stretch.

       The Plan of Work

      This work consists of six self-contained, yet logically and thematically connected, chapters. These chapters are developed as follows.

      ii) Chapter 3 demonstrates that the current practice of excluding religion as a source of universally accepted norms of economic behaviour, i.e., truth, honesty, impartiality, individual liberty, justice, equality, rights, fulfilling contracts, etc., has not at all been helpful, even in Western societies. Elaborate nonbinding general frameworks of ethical rules and norms are no substitutes for clearly articulated and voluntarily-held ethical mores which flow from the religious beliefs that are accepted voluntarily by believers as binding. True, the former embellish intellectual discourse; but they seldom spill over into concrete action. In sharp contrast, the latter get ‘internalised’ in individual consciousness. They act as effective sanctions against unethical practices – e.g., ‘free-riding’, ‘moral hazard’, ‘principal-agency syndrome’, ‘fraud’, etc., – which undermine the efficient working of market-based social and economic institutions. The internalisation of moral values has the entirely wholesome effect of reconciling private interests with collective welfare, at significantly lower ‘policing’ and regulatory costs than secular economic and social systems normally incur. Indeed, in the latter case, such costs are not adequately incurred because they tend to be prohibitively high; but this neglect loosens the moral bindings of the socio-economic fabric. Religious ethical values are now accepted as central to “the functioning of an individualist, contractual economy” [Hirsch (1977); p. 141]; yet this remains a minority opinion in the heavily secularised climate of Western thought.

      iii) Chapter 4 asserts that Islamic moral values link the individual to collectivity, by balancing individual freedom with social responsibility; and gives a fairly detailed account of the basics of Islamic morality, especially with reference to central economic issues. Like all religions, Islam can accomplish its social objectives because it does not make excessive demands on the stock of scarce altruistic resources. Performing a morally edifying economic act itself enhances the supply of altruism; and, since it recognises a legitimate role for self-interested objectives (though not self-interested behaviour) in the running of a market economy, the demand for altruism remains manageable. An added attraction here is that, contrary to Western (secular) thought where religion is seen mainly, if at all, as an instrument to achieving better economic results, Islam regards religion to be constitutive of a fuller human life in which material and spiritual urges of humankind coalesce. It then goes on to investigate what that means for a smooth functioning of a market economy.

      iv) Chapter 5 gives a thorough analysis of the Islamic ethical system, and its ‘inner’ logical structure. It shows that the system can be effectively used to spell out and implement Islam’s moral vision, and to broaden it by drawing selectively on ‘alien’ philosophies. Chapter 6 attempts to test the implicit hypothesis of the preceding chapter, namely that an ethics-based economic system need not become altogether dysfunctional and that it may even energise economic agents to work for the betterment of society. The supporting empirical evidence, which is presented here for the first time, gives both the strong and the not-so-strong aspects of Muslim practices, and to some extent, of Islamic ethics. The general points that come out are: (a) morality makes a significant impact on an individual’s economic and social behaviour; but that the microscopic power of religious morality makes it even more effective than secular morality in achieving social goals. (b) Religious moral values guide only if these are explicitly and emphatically stated. (c) They misguide if not properly interpreted and if they do not creatively respond to the needs of society. And, finally, (d) a proactive public policy must supplement private morality to maximise collective good.