The Bridge of Becoming: Reimagining Work and Capital through Ibn Khaldun and Western Economic Thought
Keywords:
Ibn Khaldun, Work, Wealth, Islamic Economics, Equity, Poverty, Systems Thinking FrameworkAbstract
This study reimagines the foundational role of work in economic life through a comparative analysis of Ibn Khaldun and key Western economic thinkers, including Adam Smith, David Ricardo, Max Weber, and John Maynard Keynes. Drawing on the Systems Thinking Framework, the research positions work not merely as an economic activity but as a structuring principle that shapes civilizations, value systems, and social organization. Unlike modern paradigms that prioritize capital accumulation, this study explores how Ibn Khaldun’s pre-Enlightenment perspective centers work as the original and enduring source of value, production, and moral order. By contrasting this with Western theories that progressively decouple wealth from labor, the paper proposes a re-evaluation of economic systems toward a more equitable, sustainable, and human-centered model. The study also underscores the determinant role of the State in shaping dominant worldviews, offering a critical perspective on the institutional forces that legitimize or marginalize work within political economies.
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