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Journal of Critical Realism in Socio-Economic (JOCRISE)
Published by Universitas Darussalam Gontor
ISSN : 29642930     EISSN : 29643317     DOI : https://doi.org/10.21111/jocrise
Core Subject : Religion, Economy, Humanities, Social,
Religion Humanities Economics, Econometrics & Finance Social Sciences
The objective of JOCRISE as a scholarly bedrock of critical thinking in socio-economic issues and problems comprises abstraction derived from the ontological premise and mapped into the continuum of the socio-economic learning system by the ontological being and becoming of logical formalism. Analytical investigation subsists upon the premise of unity of knowledge as the primal ontology. This approach is further characterized by the objective criterion of simulating global wellbeing in the evolutionary learning metaverses driven in continuum of matter and mind interrelationship by the episteme of unity of knowledge. Being a multidisciplinary scholarly journal of a singular kind in academia, JOCRISE is open to the methodological moral inclusiveness study of diverse issues and problems of the socio-scientific domain. Among this entirety, as few are named here: Theory of critical realism Theory of unity of knowledge Application of the theory of critical realism to socio-economics Theory of social ontology and applications From ontology to epistemology and phenomenology pertaining to socio-scientific problems Theory of multidisciplinary wellbeing of moral inclusiveness in science Evolutionary learning behavior and inter-variate circular causation in simulating wellbeing Islamic methodological worldview of unity of knowledge Application of Islamization of knowledge in socio-economics Sustainability in respect of a comprehensive objective criterion of wellbeing Climate change by socio-economic transformation for the common good Poverty alleviation and socio-economic restructuring Consciousness in socio-scientific structures and choices Pervasively participatory socio-economic development
Arjuna Subject : Ilmu Sosial - Ilmu Sosial (Lain-Lain)
Articles 6 Documents
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Search results for , issue "Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience" : 6 Documents clear
Analysis of Gold Pawn in Indonesia: A Comparative Study between DSN-MUI and AAOIFI Muna, Izzatul
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.53

Abstract

The development of sharia-based products in Indonesia have been increasingly rife, one of the most growing is rahn/Islamic pawn. Basically, a pawn contract is a type of tabarru’/voluntary contract which does not generate profit, however there are many Islamic financial institutions that offer pawn products especially gold pawn product. This research aims to analyze the comparison between the AAOIFI and DSN-MUI in the provisions regarding gold pawn contract. This research is a type of literature study using descriptive qualitative approach. The finding of research is that there are similarities and differences between both AAOIFI and DSN-MUI in the provisions regarding gold pawn contract. The most salient difference is that the Fatwa of DSN-MUI allows the Islamic financial institutions as the mortgagee to charge to the mortgagor some fees for safekeeping and maintenance of the mortgaged asset through ijarah contract, which make the gold pawn contract become profitable for the mortgagee. Unlike in the AAOIFI Shariah Standard which does not give the mortgagee a chance to obtain profit from this contract.
Insight of Al-Sayyid al-Shaheed Mohammad Baqir al-Sadr on Iqtishad Mirakhor, Abbas; Alaabed, Alaa
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.54

Abstract

April 9 marked the anniversary of the martyrdom of one of the most brilliant scholars of the late 20th century, Ayatullah al-Sayyid al-Shaheed Muhammad Baqir al-Sadr, RidhwanuAllahi ta’aala ‘alayh. Al-Sayyid al-Shaheed was an extraordinary and unique genius whose personal and intellectual accomplishments as a believing and practicing Muslim serve as example for others striving for perfection intended for humans by their Creator. While the writings of al-Sadr were quite timely and important in his own time, understanding them at the present is crucial as the search for alternative socio-economic paradigms that can more effectively respond to the problems of humanity has intensified. In all of his discourses, al-Sadr was a first-rate logician who accorded logic and objective truth central and active roles without losing an opportunity to display the passion of his belief that Islam provides solutions to problems societies face. Al-Sadr’s writings constitute an integrated and interrelated whole. Singling out a specific topic in exclusion of analysis of how it is related to his philosophy does not do justice to him, to his writings or to his readers. That said, this paper is a modest attempt to provide a brief commentary on a number of al-Sadr’s brilliant insights in presenting the theory and practice of Iqtisad (Islam’s vision of ideal economy). The point bears emphasis that this paper is not a commentary on the entirety of the views of al-Sadr’s on Iqtisad; to do some degree of justice to his views requires volumes. The paper instead focuses on some of his insights—those that economic analysis itself discovered years after him, with the purpose of indicating that the Iqtisadi contributions of al-Sadr and his genius deserve far deeper and more intensive scholarly treatment than they have received so far. April 9 marked the anniversary of the martyrdom of one of the most brilliant scholars of the late 20th century, Ayatullah al-Sayyid al-Shaheed Muhammad Baqir al-Sadr, RidhwanuAllahi ta’aala ‘alayh. Al-Sayyid al-Shaheed was an extraordinary and unique genius whose personal and intellectual accomplishments as a believing and practicing Muslim were those of an archetypal human that serves as example for others striving for perfection intended for humans by their Creator. Those who knew him well have written and spoken about his personal integrity, disposition (akhlaq), compassion, commitment, modesty, courage and charisma.(Al-Sayyid al- ‘Allamah ‘Ammar Abu Ragheef, 1989)[1] Al-Sadr will continue to inspire generations as an example of a human personality fully immersed in and completely devoted to the high values and ideals of Islam. The way he lived his life, the sacrifices he made, and the immensely valuable intellectual legacy he left behind will continue to serve as a beacon of virtuous conduct, effort and sacrifice on behalf of human freedom and dignity, social justice, truth and tolerance. Aside from being a model and standard of what it means to live a life in full compliance with the high values and ideals of Islam, he was a towering intellect who set for himself a grand and difficult task of analytically rejuvenating Islamic thought in accordance with the rigor of logic and analysis demanded by his time. He did so systematically with meticulous logic presented in a way accessible to his contemporaries--especially the young Muslims alienated from Islam and seduced by “modern” ideologies. In the process, he challenged the philosophical, social, political, and economic foundations of dominant ideologies of his time. He understood well that the current compartmentalized and specialized approach to knowledge was inadequate in representing Islam’s alternative solutions to socio-political and economic problems of mankind. Accordingly, his approach to scientific revitalization and representation of the teachings of Islam—based rigorously on the Qur’an and Sunnah--was far deeper, broader, and more coherent than other contemporary efforts. He envisioned Islam’s teachings as a unified system—a network of interrelated and eminently empirical set of rules compliance with which guaranteed spiritual felicity and material prosperity for human societies. The depth and the breadth of the full spectrum of al-Sadr’s intellectual legacy fills one with a sense of awe, humility, and admiration, even four decades after his martyrdom. This impression becomes even more forceful when one realizes the early age in which al-Sayyid al-Shaheed al-Sadr began his study of western schools of thought, along with the traditional curriculum of seminaries. According to a biographer, one of his teachers in grade school with Marxist tendencies reported that at the age of twelve, al-Sadr asked him for loan of books on Marxism. Astonishing his teacher, al-Sadr provided him with answers to several questions about Marxism that had engaged his teacher’s mind for some time, while returning the books he had borrowed. Two of his major works, Falsafatuna and Iqtisaduna, were published before the age of thirty. These books display a surprising masterly grasp of the main western ideas of his time. Given the limited scholarly sources available in Arabic translation at the time, one can only wonder whether his scholarly contributions would have been much more enriched had a wider bibliography of topics of his interest published at the time in other languages were available to him. One would be justified in answering the query in the affirmative given al-Sadr’s genius
Environmentalism, Libertarianism, and Privat Property Rights Block, Walter E. Block
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.55

Abstract

In the view of most commentators, academic and otherwise, “free market environmentalism” is a veritable contradiction in terms. It is widely thought that to the extent that one favors protecting the environment, or, even, studying it, to that extent one must reject free enterprise and private property rights. The only scholars who wish to save the fauna and flora, ensure that we do not trash the planet, must eschew such right-wing considerations and pretty much embrace the polar opposite viewpoint. In the extreme, free market environmentalism is not only a logical contradiction, it reeks of fascism, profiteering, and destruction of this our third rock from the sun. Shahar does not at all fit this bill. Although a critic of free enterprise environmentalism, he treats this viewpoint sympathetically. He does not give it the back of his hand in derision. You will look in vain for contempt in his rejection of this philosophy. Rather, his critique is a careful, cautious, knowledgeable treatment of this perspective. All the more reason that his criticisms be examined critically, since in my view, the best last chance of saving the environment lies in exactly the direction opposite to the one he avers.
Quantification Process, Sociometric, Numerical Scale 9 and Social Interpretation Research in Social Humanity under Artifical Intelligent Era Suriadi, Jadi Suriadi
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.56

Abstract

This research delves into the intricate measurement of the Harmony Index in Bekasi City within the context of the Artificial Intelligent era, employing a quantification process, sociometric analysis, and a numerical scale of 9. The study explores the social dimensions that impact harmony and utilizes AI to extract insights from non-structural data, offering a comprehensive understanding of the community's goodness, beneficial and well-being. The variables Xi are assessed in terms of Perception, Participation, and Acceptability (PPA) perspectives, and their weighted scores contribute to the Harmony Index formula. Statistical analyses, including correlation, variance, and standard deviation, enable the evaluation of the data, leading to profound social interpretations. The study identifies regularities, response rates, and significance scores while categorizing respondents. This research enhances our understanding of harmony, informs policy recommendations, and paves the way for community betterment. One significant outcome of the study is the categorization of respondents based on their levels of engagement, classifying them as engaged, moderate, or non-engaged. This categorization provides a nuanced understanding of how different segments of the community interact with the variables under investigation. Furthermore, the research successfully distilled essential insights from a vast pool of non-structural narrative data, narrowing down the analysis to the most relevant and informative content, ultimately enhancing the depth and quality of the findings.
Arbitrage Money Haykov, Joseph Mark
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.60

Abstract

Arbitrage Money Theory (AMT) introduces a novel perspective on the fundamental nature of money, challenging the conventional view that primarily identifies it as a medium of exchange. We posit that the intrinsic function of money is as a unit of account. This pivotal role facilitates the comparison of subjective costs and benefits. First, money is used to measure not only the prices we pay to obtain benefits from trade, but also costs of obtaining these benefits, for our wages too are measured in money. Moreover, money is instrumental in preventing arbitrage—a form of market inefficiency. From this primary role, money’s secondary functions as a medium of exchange and a store of value naturally emerge. Our theory contends that recognizing money's primary function as a unit of account allows for the creation of theoretical models that more accurately reflect its operation in real-world economies. This perspective diverges from traditional models that largely focus on money's role as a medium of exchange—an assumption that, while generally valid, does not always encompass the complexities of economic realities. AMT aims to bridge this gap, offering a more comprehensive understanding of money's multifaceted roles in the economic system.
BOOK REVIEW Abu Hamid (Imam) Al-Ghazali (reprint, 1993) Ihya Ulum Id-Din (Revival of Religious Thought) Volume 3: The Book of Destructive Evils. Trans. Fazlur Karim. Darul Ishat, Urdu Bazar, Karachi - Pakistan Choudhury, Masud
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 2 No. 02 (2024): Unity Paradigm Of Mesoscience
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21111/jocrise.v2i02.61

Abstract

This book provides a review of the book “Ihya Ulum Id-Din (Revival of Religious Thought Volume 03)” the work of Islamic scholar Imam Abdul Hamid Al-Ghazali (Imam Ghazali Translated by Fazlul Karim. Darul Ishaat, Urdu Bazar, Karachi, Pakistan, 1993. This is an original contribution, explained in informative content and written in clear language that is accessible to knowledgeable readers.

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