Airlangga Development Journal
Vol. 8 No. 1 (2024): AIRLANGGA DEVELOPMENT JOURNAL

VALUE-BASED MANAGEMENT CAPITALISM VS SOCIALISM PROBLEMS IN THE ISLAMIC ECONOMIC: VALUE-BASED MANAGEMENT CAPITALISM VS SOCIALISM PROBLEMS IN THE ISLAMIC ECONOMIC

Indrian Sasmito Adi, Handaru (Unknown)
Joki Hartono Tri Nugroho (Unknown)
Regas Panji Pratomo (Unknown)



Article Info

Publish Date
17 Jun 2024

Abstract

The problem with both economic systems, capitalism and socialism, is that they cannot achieve the desires and aspirations of the people as actors of economic policy. Both systems prioritize profit over satisfaction or people's rights. Departing from the various problems that exist in society, the author tries to examine this problem by organizing the two Islamic economic systems. The aim is to examine the problems faced by the economic systems of capitalism and socialism in dealing with economic problems and also to see how the Islamic economic system deals with economic problems. Desk research, or "book research," is the methodology used. This is a qualitative type of research, and the data presented is more subjective and literature-focused. Unlike capitalism, which grants ownership rights over the means of production to each person, socialism does not recognize individual ownership rights and instead grants ownership rights to the collective.   Keywords: Capitalism Value Based Management, Islamic Economics, Socialism based Management

Copyrights © 2024






Journal Info

Abbrev

ADJ

Publisher

Subject

Social Sciences

Description

Airlangga Development Journal seeks to provide a place for academics, researchers, and practitioners to publish Research Articles or Original Articles. The scope of the articles published in this journal discusses various topics, including social science, law, and ...