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Debt: The First 5000 Years - autonomous learning

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436 NOTES<br />

that the main effect of mass converswn<br />

was to make the ostensible justification of<br />

government, as protector and expander of<br />

the faith, seem increasingly hollow. Mass<br />

popular support for caliphs and political<br />

leaders only reemerged in periods, like<br />

the Crusades or during the reconquista in<br />

Spain, when Islam itself seemed under attack;<br />

as of course, for similar reasons, it<br />

has in much of the Islamic world today.<br />

6r. "Most of the time the lower circles<br />

paia their taxes through their heads, and<br />

looked after themselves. Similarly the government<br />

received the taxes and provided<br />

some sort of security, and apart from this,<br />

occupied itself with matters of concern to<br />

itself: external war, patronage of <strong>learning</strong><br />

and the arts, a life of luxmious ostentation"<br />

(Pearson 1982:54).<br />

62. <strong>The</strong> proverb appears, attributed<br />

to the Prophet himself, in al-Ghazali's<br />

Ihya', kitab al-'Ilm, 284, followed by a<br />

long list of similar statements: "Sa'id Bin<br />

Musaiyab said, 'When you see a religious<br />

scholar visiting a prince, avoid him, for he<br />

is a thief.' Al-Auza'i said, '<strong>The</strong>re is nothing<br />

more detestable to Allah than a religious<br />

scholar who visits an official' . . ."<br />

etc. This attitude has by no means disappeared.<br />

A strong majority of Iranian ayatollahs,<br />

for example, oppose the idea of an<br />

Islamic state, on the grounds that it would<br />

necessarily corrupt religion.<br />

63. Lombard 1947, Grierson 1960. This<br />

is often represented as a wise policy of refusal<br />

to "debase" the coinage, but it might<br />

equally be read as meaning that the caliph's<br />

signature added no additional value.<br />

An experiment with Chinese-style paper<br />

money in Basra in 1294 failed, as no one<br />

was willing to accept money backed only<br />

by state trust (Ash tor 1976:257).<br />

64. MacDonald 2003:64. Gradually<br />

this became unsupportable and Muslim<br />

empires adopted the more typically Medieval<br />

iqta' system, whereby soldiers were<br />

granted the tax revenues from specific<br />

territories.<br />

65. Neither have slaves been employed<br />

as soldiers since, except in temporary<br />

and anomalous circumstance (e.g., by the<br />

Manchus, or in Barbados).<br />

66. It seems significant that (1) the "inquisition"<br />

of 832, the failed Abbasid attempt<br />

to take control of the ulema; (2) the<br />

most important mass conversion of the<br />

Caliphate's subjects to Islam, peaking<br />

around 825-85o; and (3) the definitive ascent<br />

of Turkish slave soldiers in Abbasid<br />

armies, often dated to 838, all roughly<br />

corresponded in time.<br />

67. Elwahed I9JI:III-35· As he puts<br />

it (ibid:127), "the inalienability of liberty<br />

is one of the fundamental and uncontested<br />

principles of Islam." Fathers do<br />

not have the right to sell their children,<br />

and individuals do not have the right to<br />

sell themselves-or at least, if they do, no<br />

courts will recognize any resultant ownership<br />

claims. I note that this is the diametrical<br />

opposite of the "natural law" approach<br />

that later developed in Europe.<br />

68. <strong>The</strong>re is a certain controversy here:<br />

some scholars, including some contemporary<br />

Muslim scholars opposed to the<br />

Islamic economics movement, insist that<br />

riba, which is unequivocally condemned<br />

in the Koran, did not originally refer to<br />

"interest" in general, but to a pre-Islamic<br />

Arabian practice of fining late payment by<br />

doubling the money owed, and that the<br />

blanket condemnation of interest is a misinterpretation<br />

(e.g., Rahman 1964, Kuran<br />

1995). I am in no position to weigh in but,<br />

if true, this would suggest that the ban on<br />

usury really emerged in Iraq itself as part<br />

of the process of the creation of grassroots<br />

Islam, which would actually reinforce my<br />

general argument.<br />

69. <strong>The</strong> best records we have are actually<br />

from a community of Jewish merchants<br />

in Geniza, in twelfth-century Egypt,<br />

who observed the ban on interest even in<br />

dealings with one another. <strong>The</strong> one area<br />

where we regularly hear of interest being<br />

charged is the one area where coercion<br />

was also regularly employed: that is, in<br />

dealings with kings, viziers, and officials,<br />

who often borrowed large sums of money<br />

at interest-especially, but not exclusively,

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