(SECTION 03) — LEARNING
Learning Objectives
This course introduces a parallel economic architecture rooted in:
The Doctrine of the Common Good
The Commons as a social and economic organism
Trade-based prosperity
Production ecosystems and guilds
Public markets and caravanserais
Waqf endowment systems
Sound finance and currency reform
Silk Road revival and geostrategic trade corridors
It answers one urgent question:
How do we build real prosperity — not conceptual freedom — in a collapsing financial age.
(01)
The Current State of Affairs
They will be able to understand the semantics of Capitalism and Liberalism, how it has impacted the world and society. How superficial reforms cannot create a paradigm shift, but profound structural changes are required.
(02)
The Key components of an Islamic Economy
How an alternative economy can be built and what are the key components of this system that can create a model of prosperity.
(03)
The Commons — Awqaf
What is the importance of the Commons, the inner processes and their mechanism of operation. How the spirit of solidarity and sharing that binds people together and results in shared and collective prosperity.
(04)
A Trading Economy
The importance of trading and commerce policy. In capitalism trade and markets are ruled by monopolistic ideologies. In order to create real fair-trading, public markets and caravanserais should be reinstated, which were historically the key components of trading economies and have proven to be model of prosperity.
(05)
The Commons and Production
The commons and realm of production: manufacturing eco systems and guilds. How shared means of production can create an economic shift.
(06)
The Means of Financing
The relation of commons and the world of Finance: the issue of currency, public banking, Qirad and Ijara.
(07)
The Way Forward
In the current geostrategic world why restoring silk route and trading economy is of absolute importance and can transform the present economic system.
KEY NOTIONS
Changing society with the commons
The course would focus how crucial and revolutionary the commons are to our economy. The usual approach is based primarily on diagnosing the afflictions but is clueless where solutions are concerned. The result is apparent analysis without going to the root causes and without a focus on any real solutions. The emphasis is on short termed approach, finding immediate results for alleviating the problems at hand instead of creating a paradigm shift.
In the presence of existing capitalist structures with their rigidity, inertia and resistance to change, can the doctrine of commons be reinstated and be implemented. The solution lies in creating a parallel set of economic and social structures that are conducive and that entail to the rules and regulations of the doctrine of commons. These structures (banks, supermarkets, corporate monopolies, etc.) can remain where they are and will become redundant with the disruptive changes that will come about with the doctrine of commons.
Introducing the Doctrine of the Common Good, to trace its virtues, principles and historicity and how they were manifested and implemented by various civilizations in different historical times, and how they can be reinstated in today’s changing geostrategic world.
In depth understanding of the concept the COMMONS, what brings and binds them together in a society, looking into the principles, properties and the processes that make the common strong and viable. Why historically common good was valued as a virtue and how it became the key to prosperity and flourishing.