Sadat Husaini - Globalization and Capitalism

Globalization and Capitalism

He is of the view that although Islam stands for globalization and universal brotherhood, modern globalization is a tool of exploitation and creates economic and social inequality. The globalization has resulted into the monopoly of western cultural and ethical values and has undermined the political sovereignty of the nation states.

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Famous quotes containing the word capitalism:

    The most eloquent eulogy of capitalism was made by its greatest enemy. Marx is only anti-capitalist in so far as capitalism is out of date.
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