The Genealogy and Objectives of Social Sciences with Special Reference to Economics
Capitalism, Darwanianism, Enlightenment, Islamization, Paradigm, Scientific Determinism
The extent to which modern social sciences reflect a set of subjective values of enlightenment thinkers, instead of objective facts, and the context in which they operate are usually taken as universal and objective for granted. This paper is attempted to explain the relationship among subjective elements of social sciences and the framework in which they have evolved and have found their research program. The fact that has encouraged us to undertake this exercise is the call for Islamization of social sciences, especially that of economics, among Muslim scholars. Most of these efforts by Muslim scholars towards Islamic economics have begun within economic framework of maximization hypothesis. Such a formulation of Islamic economics within neoclassical framework of maximization is justified only if neoclassical economics provides some value neutral framework for analyzing economic behavior of an individual, which is, in fact, not the case. Attempts towards the Islamization of social sciences fail to see the underlying conceptualization of society that social sciences, especially neoclassical economics, offer for the justification of liberal capitalist order; that is they overlook the socio-political agenda of social sciences. We explain in this paper that social sciences relate the liberal philosophy to society through the symbolic creation of abstract models.
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Muhammad Zahid Siddique
Lecturer, Management Science Department, National University of Computer and Emerging Sciences
Karachi, Sindh, Pakistan
Muhammad Zahid Siddique is the lecturer of Economics in Management Science Department at National University of Computer and Emerging Sciences, Karachi Campus (Pakistan). He has been conducting courses in the areas of economics; e.g. microeconomics, macroeconomics, managerial economics, and business sciences; e.g. international business and critical thinking. He did his masters from University of Karachi and then pursued M. Phil from Quaid-i-Azam University, Islamabad. He conducted research during M. Phil dissertation on the topic Political economy of neoclassical and Islamic Economics. Major areas of his research interests include (1) comparative economic schools of thought, (2) political economy of economics and (3) microeconomics. He has published several papers in national journals and international conferences. Currently, he is working on a book on microeconomics that explicitly spells out the metaphysical assumptions hidden in the economic models of consumer and firm behaviors. The book also details out incoherence embedded in economic theories. Mr. Zahid is settled in Karachi with his family.
Muhammad Zaki Rashidi
Assistant Professor, Department of Management Science
Karachi Campus, National University of Computer & Emerging Sciences - FAST
Karachi, SIND, Pakistan
Prof. Zaki Rashidi holds the post graduate degree in Statistics, from University of Karachi and MS in Management Science from SZABIST, Karachi. He also holds the certificate of E-Tutoring Skills for Lifelong Learning, from University of Hull, UK. His diverse teaching experience spans over 15 years. Currently he is working in National University of Computer & Emerging Sciences (FAST) as Assistant Professor and Head of Sciences & Humanities Department. He also conducted several trainings, under Professional Development Centre (FAST), HEC (College Teachers Training). His areas of interest includes, Technology Management, Quality Management, and Project Management.