In bourgeoisie we trust, but which one? Islamism, development, and the “Finance Curse”

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dc.authorid0000-0003-1534-8029
dc.contributor.authorDemiralp, Sedaen_US
dc.date.accessioned2026-01-12T11:37:34Z
dc.date.available2026-01-12T11:37:34Z
dc.date.issued2015-01
dc.departmentIşık Üniversitesi, İktisadi ve İdari Bilimler Fakültesi, Uluslararası İlişkiler Bölümüen_US
dc.departmentIşık University, Faculty of Economics and Administrative Sciences, Department of International Relationsen_US
dc.description.abstractThe rise of Islamic financial institutions in the past decades stimulated studies that investigated their link to Islamic parties. Some perspectives viewed them as the financial wing of Islamic extremism. Others argued that the rise of an Islamic bourgeoisie, especially if integrated into the global economy, promotes moderation and liberalization among Islamic groups. This study investigates the relationship between the type of Islamic capital and Islamic moderation. In addition, it analyzes how state institutions can shape the trajectories of Islamic movements through economic policies. In this regard we compare and contrast production based capitalism which empowers industrial actors versus finance based capitalism which may not support the industry but strengthen financial elites. We find that production based development is more likely to promote mutual wins among Islamic and other actors and facilitate moderation than finance based economies which may promote zero-sum games and polarization.en_US
dc.description.versionPublisher's Versionen_US
dc.identifier.citationDemiralp, S. (2015). In bourgeoisie we trust, but which one? Islamism, development, and the “Finance Curse”. Journal of Emerging Economies and Islamic Research, 3(1), 63-71. doi:https://doi.org/10.24191/jeeir.v3i1.6293en_US
dc.identifier.endpage71
dc.identifier.issn2289-2559
dc.identifier.issue1
dc.identifier.startpage63
dc.identifier.urihttps://hdl.handle.net/11729/6897
dc.identifier.urihttps://doi.org/10.24191/jeeir.v3i1.6293
dc.identifier.volume3
dc.institutionauthorDemiralp, Sedaen_US
dc.institutionauthorid0000-0003-1534-8029
dc.language.isoenen_US
dc.peerreviewedYesen_US
dc.publicationstatusPublisheden_US
dc.publisherUiTM Pressen_US
dc.relation.ispartofJournal of Emerging Economies and Islamic Researchen_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.rightsinfo:eu-repo/semantics/openAccessen_US
dc.subjectFinanceen_US
dc.subjectIslamismen_US
dc.subjectDevelopmenten_US
dc.subjectLiberalismen_US
dc.titleIn bourgeoisie we trust, but which one? Islamism, development, and the “Finance Curse”en_US
dc.typeArticleen_US
dspace.entity.typePublicationen_US

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