نوع مقاله : مقاله پژوهشی
نویسنده
استادیار، گروه اقتصاد، دانشکده ادبیات و علوم انسانی، دانشگاه یاسوج، یاسوج، ایران.
چکیده
کلیدواژهها
عنوان مقاله [English]
نویسنده [English]
Objective:This article aims to elucidate the nature of money as a “pure rent factor,” critically assess Keynes’s proposed solutions for curbing monetary rent through the “euthanasia of the rentier,” and evaluate Thomas Piketty’s remedies for reducing economic inequality in contemporary financialized capitalism,while seeking to propose a more effective solution grounded in Islamic principles.
Method:In terms of its nature,this study is theoretical-analytical and employs a comparative critical analysis.Within this framework,Keynes’s views on money,interest,liquidity preference,cheap money policy,and the socialization of investment are first reconstructed.These views are then critically examined in light of Piketty’s analysis of the persistence of rentier dominance in the age of neoliberalism and financialization.Finally,the capacities of an Islamic paradigm based on qard al-hasana (benevolent lending) are explored as an alternative framework.
Results:The study shows that,by introducing money as a “pure rent factor” and challenging the naturalization of interest,Keynes took a major step toward understanding monetary rent.Nevertheless,his proposed remedies—namely,the cheap money policy and the socialization of investment—are not,by themselves,sufficient to eliminate the rentier.Furthermore,although Piketty,by explaining the predominance of the rate of return on capital over the rate of economic growth,offers a more compelling account of the continued dominance of rentiers in late capitalism,his complementary redistributive policies,such as taxes on capital and inheritance,are likewise unable to restrain the reproduction of rent and inequality without deeper institutional reforms in the structures of credit,property,and the legitimacy of monetary incomes.
Conclusion:The institutional reform advanced in this article for eliminating the “pure rent factor” is recourse to an alternative Islamic framework grounded in qard al-hasana.Through the prohibition of usury (riba),opposition to the hoarding of money,the strengthening of participation,the linking of finance to real economic activity and risk-bearing,and the condemnation of guaranteed income without labor (rent),this framework can provide a basis for eliminating pure rent,fostering stable and equitable economic growth,and reviving the moral foundations of society.
کلیدواژهها [English]
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