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THE ECONOMIC DILEMMA OF THE MUSLIM WORLD

THE ECONOMIC DILEMMA OF THE MUSLIM WORLD

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Islamic Studies 35 : 3 ( 1 996) 30 1<br />

the two economic spheres, that nothing has changed in the conscience of the<br />

northern man. He continues to follow the creed of Liebniz5 who, while laying<br />

down the new basis for methametics, also meditated on the occupation of Egypt<br />

and presented on this account a detailed report to Louis X1V.6 He also<br />

continues to follow the creed of Ernest Renan7 who saw that the "European is<br />

born to command just as the Chinese is born to work in a slave camp, and each<br />

must do what he is created Ibr." Hence the substitution of the sword with the<br />

olive branch has changed nothing but the appearance.<br />

Europe which in the 1 1 th century had forged an alliance to conduct the<br />

Crusadesn and, in 1881, entered into a colonial pact in Berlin, under Bismarck'sY<br />

supervision, for the imperialist onslaught, has today turned itself once again into<br />

a bloc in the form of the "Conunon Market". Apparently constituted to resist the<br />

challenge posed by U.S., Japan and China, it has actually come into being for<br />

launching an economic offensive against the former spheres of European<br />

influence in order to plant therein new pillars of their presence through<br />

economic means.<br />

Accordingly, it behoves anyone concerned with the economic revival<br />

of a Muslim country or Muslim world in general, to take into consideration<br />

internal imperatives some of whose features we have indicated earlier. Likewise,<br />

he must also take into consideration the external imperatives as indicated here.<br />

We must first clarify the logic of the issue by asking: What are the<br />

limits of individual capabilities - we mean to say, with regard to his country<br />

alone - to face internal and external imperatives? That is to say, we must know<br />

clearly the limits of our freedom of action internally, within the framework of<br />

harnessing social energies on the basis of the two postulates mentioned earlier<br />

as essential conditions for setting the wheel of economic dynamics in motion,<br />

and on the other hand, in resisting economic penetration from outside.<br />

It must be noted that only a few countries, like the U.S., the Soviet<br />

Union and China, fulfil the conditions of autarky. For example, U .S consumes<br />

95% of its production within its own frontiers. It me'ms that if it broke off all<br />

economic relations with the outside world, only 5% of its economy or work<br />

force would be affected. In other words, the United States enjoys almost<br />

absolute economic freedom on account of the vastness of its area and its<br />

demographic base, that is, its affluence from the point of view of natural wealth<br />

and human resources.<br />

After the Cultural Revolution, China has become another country which<br />

can harmlessly break off economic relations with he outside world, by means<br />

of the austerity imposed by current internal imperatives in the take-off stage it<br />

is still passing through. Likewise, the Soviet Union can do so less easily than<br />

the United States but more easily than China. As for all other countries, they<br />

cannot resolve all their economic problems within their particular frontiers.<br />

Despite being the third economic power. Japan cannot afford to cut off<br />

its ties with the outside world. That is to say, it cannot form a closed economic<br />

circle within its frontiers except, like Germany, in rare circumstances. The latter

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