TEORI INVISIBLE HAND ADAM SMITH DALAM PERSPEKTIF EKONOMI ISLAM
DOI:
https://doi.org/10.21580/economica.2010.1.1.829Keywords:
Invisible hand, Islamic economic, Adam Smith, CapitalismAbstract
Adam Smith, the founder of modern economics, laid the basic foundation for economic development through the capitalist system in which capital factor used to measure economic success. One of his theory, the theory of invivisble hand, states that in economic activity every individual has fullauthority of his property and free to use economic resources in ways that he or she likes, disregarding to the interests of the general public. This shows that capitalism has the unlimited personal ownership right toward means of production, in which the driving force is personal profit. Basically,
Islam brings the teachings to human life that comes from the Koran and Hadith. Economic activity in the view of Islam is the life demand. Besides, it is also a suggestion that has a dimension of worship. Wealth is trustworthy, thus the mandate that God has bestowed to be used together, not to enslave other people. Islam allows every person to own property in person, but it is also enjoined on his or her property to be used collectively (together), alms or spend a portion of such property in Allah ways. Economic activity in the view of Islam is not only material but more than
what is called “material plus”. Islam has always stressed that every person should lives in a lawful manner. Islam does not prohibit people to do economic activity, but it provides guidances in the form of Islamic values.
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