Document Details

Document Type : Article In Journal 
Document Title :
Labour as a Source of Value and Capital Formation:Ibn Khaldun, Ricardo, and Marx – A Comparison
العمل كمصدر للقيمة والتكوين الرأسمالي: مقارنة بين ابن خلدون وريكاردو وماركس
 
Subject : Capital Formation 
Document Language : English 
Abstract : Exclusive writings on the contribution of Ibn Khaldun to economics in the English language have not been many, the references to his work also remain scanty and far between. Even in what little is available mostly authors talk about his views on professions, markets and the cloud he castes on merchants. The present paper avoids treading the familiar tracks. It sees close similarities between the views of Ibn Khaldun (1332 – 1406), David Ricardo (1772 – 1823) and Karl Marx (1818 -I823) in regarding labour as the measure of value and source of capital formation in the course of economics maturing to an academic discipline. The three agree directly or indirectly that labour creates economic surplus that it does not get. Even so, the policy implications each derives from this conclusion are interestingly much different. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 20 
Issue Number : 2 
Publishing Year : 1428 AH
2007 AD 
Article Type : Discussion Forum 
Added Date : Monday, February 28, 2011 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
زبير حسنHasan, Zubair ResearcherDoctoratezubair@iiu.edu.my

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