Altruism Models In Islamic Consumption System

  • Muhammad Muflih The State Polytechnic of Bandung

Abstract

This study succeeded in proving that altruism is an inseparable element in the Islamic consumption system because it is able to lead a consumer to the best level of godliness. Just by assuming that , the formation of satisfaction in Islamic altruism cannot be determined by one stage. It is plotted into three stages, namely: (1) compassion utility originating from the spirit of social emotion, enabling it to create as an emblem of emotional satisfaction; (2) rationalizing social-spiritual gain originating from a motivation to reach a religiously promised reward for a sacrifice made by a consumer for the poor and needy, resulting in as an indicator of a consumer’s gains; and (3) God and human relationship originating from the spirit of a consumer to always be close to God absent of reward, symbolized by . What is unique is the three forms of altruism have a one direction altruism pattern unknown to among economists and altruists. This finding is especially contributes to the Islamic Philanthropic Institution in identifying a class of altruism in Muslims. Evidently, their altruism pattern is closely attached to their consumption system.

Downloads

Download data is not yet available.

References

Agion, Philippe; Patrick Bolton. A Theory of Trickle-Down Growth and Development,” The Review of Economic Studies, 64, 151-172.

Carnis, Laurent. (2011): “Two Irreconcilable Theories of Justice: Social Engineering Vs. Ethics of Property,” Journal of Libertarian Studies, 22, 399-436.

Choudhury, M., A. (2014): “Religion and Social Economics (A System Theory of Organic Unity,” International Journal of Social Economics, 43, 134-160.

Fehr, Ernst And Bettina Rockenbach. (2004): “Human Altruism: Economic, Neural, and Evolutionary Perspectives,” Current Opinion in Neurobiology, 14, 784-790.

Kandori, Michihiro. (1992): “Social Norms and Community Enforcement,” The Review of Economic Studies, 59, 63-80.

Khan, F. (1995), Essays in Islamic Economics (Leicester: The Islamic Foundation).

Lewandowski, Joseph D. (2008): “On Social Poverty: Human Development and the Distribution of Social Capital,” Journal of Poverty, 12, 27-48.

Nash, John F. (1950): “The Bargaining Problem,” Econometrica, 18, 155-162.

Reny, Philip J. (2015): “A Characterization of Rationalizable Consumer Behavior,” Econometrica, 83, 175-192.

Samuelson, Paul A. (1937): “A Note on Measurement of Utility,” The Review of Economic Studies, 4, 155-161.

Shihab, M. Quraish. (2012). Tafsir Al-Mishbah Volume 1. (Jakarta: Lentera Hati).

_________________. (2012). Tafsir Al-Mishbah Volume 13. (Jakarta: Lentera Hati).

Valentinov, V. (2014). K. William Kapp's theory of social costs: A Luhmannian interpretation. Ecological Economics, 97, 28-33.
Published
2018-01-26
How to Cite
MUFLIH, Muhammad. Altruism Models In Islamic Consumption System. International Journal of Islamic Business and Economics (IJIBEC), [S.l.], p. 63-75, jan. 2018. ISSN 2615-420X. Available at: <http://e-journal.iainpekalongan.ac.id/index.php/IJIBEC/article/view/995>. Date accessed: 05 june 2020. doi: https://doi.org/10.28918/ijibec.v1i2.995.