The Impact of Thomas Piketty's Theories and Imam Muhammad al-Baqir's (A) Teachings on Reducing Economic Inequality in Islamic and Non-Islamic Countries

Authors

    Mina Jalali Department of Law, Islamic Azad University, Isfahan Branch, Isfahan, Iran
    Soroush Radmanesh * Department of Jurisprudence, University of Mazandaran, Babolsar, Iran s.radmanesh235@umz.ac.ir

Keywords:

Economic Inequality, Thomas Piketty, Imam Muhammad al-Baqir (A), Zakat, Khums, Economic Justice, Financial Transparency

Abstract

Economic inequality is one of the major challenges in contemporary societies, negatively impacting social stability and economic growth. This article examines the theories of Thomas Piketty, a French economist, and the teachings of Imam Muhammad al-Baqir (A), a Shiite Imam, on reducing economic inequality. Piketty's theories, based on historical analysis and economic data, propose policies such as wealth taxation and increased financial transparency. Conversely, Imam Muhammad al-Baqir (A) emphasizes religious and ethical principles like Zakat and Khums, which aid in fair wealth distribution and reducing inequality. This article compares and integrates these two perspectives, offering comprehensive solutions for reducing economic inequality and examining successful and unsuccessful experiences in Islamic and non-Islamic countries. The results indicate that combining modern economic policies with religious principles can enhance economic justice and social stability. Financial transparency, combating corruption, and investing in public services are among the factors influencing the success of these policies. The article also provides suggestions for future research, focusing on long-term effects of combined policies and a more detailed analysis of various countries' experiences.

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Published

2024-04-13

Submitted

2024-02-03

Revised

2024-03-08

Accepted

2024-03-20

Issue

Section

مقالات

How to Cite

Jalali, M., & Radmanesh, S. (2024). The Impact of Thomas Piketty’s Theories and Imam Muhammad al-Baqir’s (A) Teachings on Reducing Economic Inequality in Islamic and Non-Islamic Countries. The Encyclopedia of Comparative Jurisprudence and Law, 2(1), 13-23. https://jecjl.com/index.php/jecjl/article/view/16

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