Wah'habism: correction

[James Devine]

At 02:51 PM 8/26/98 -0400, Carl Remick wrote:
>Re Barkley's: A major question regarding Islamic economics is the
>extent to which it favors socialism or capitalism.
>
>Is there any Islamic rationale as to why interest is forbidden but
>profit and inheritance are OK, or is this simply a matter of revelation?
>
I understand that the Prophet Muhhamed and his followers strongly sided
with merchants against the money-lenders. So there's an element of
intra-class rivalry there.

Barkley, correct me if I'm wrong.

Jim Devine jdevine at popmail.lmu.edu &
http://clawww.lmu.edu/Departments/ECON/jdevine.html