Скачать или смотреть Al-Ghazali: The Thinker Who Linked Money to Morality

Abu Hamid Al-Ghazali lived at the height of the Islamic Golden Age, yet his insights into money, morality, and power feel strikingly contemporary. This video explores how a medieval scholar grasped the psychology of wealth, the dangers of corruption, and the economic consequences of lost integrity—centuries before modern economics took shape.

For anyone seeking to understand today’s financial system—whether inflation, speculation, or inequality—Al-Ghazali’s ideas offer a remarkably relevant framework.

Key Facts & Insights
• Al-Ghazali argued that money is a tool, not an end in itself. Its value lies in the trust that sustains it, not in the metal from which it is made.

• He described hoarded wealth as “dead money,” warning that idle capital disrupts circulation and weakens society.

• He condemned speculation and profiteering during crises long before modern debates on market manipulation emerged.

• He identified trust as the foundation of every economic system, anticipating contemporary concepts such as moral hazard and information asymmetry.

• He warned rulers that debasing currency is a form of theft—an observation that foreshadows modern inflationary crises.

• He linked economic collapse not to scarcity, but to corruption—a lesson that continues to resonate amid today’s global financial instability.

• Many of his insights predate Western economic theory by centuries, positioning him among history’s earliest and most perceptive analysts of money and power.

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Further Reading
• The Alchemy of Happiness — Al-Ghazali
A concise and accessible introduction to his worldview, exploring ethics, human behavior, and the moral relationship between wealth, intention, and society.

• Ihya’ ‘Ulum al-Din (The Revival of the Religious Sciences) — Al-Ghazali
Particularly Books 3 and 4, where he examines fair trade, fraudulent practices, the ethics of profit, and the central role of intention in economic life.

• Medieval Islamic Economic Thought — Abdul Azim Islahi
A clear and modern study of Al-Ghazali’s influence on market ethics, value theory, and Islamic economic philosophy—especially recommended for Western readers.