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What is Jurnal Pelita Raya: Criticism of The Neoclassical Approach in Islamic Economic Policy in Indonesia about?

This study critiques the neoclassical approach to Islamic economic policy in Indonesia, highlighting its failure to achieve social justice and equitable wealth distribution due to its reliance on capitalist paradigms. It argues that Islamic economics has been co-opted by neoclassical principles, resulting in policies that prioritize efficiency and profitability over the ethical and moral values central to Islamic teachings. The authors call for a paradigm shift towards a more authentic Islamic economic fram

Author

yumanortovianus

Language

EN