Desirable market, perfectly competitive market

Author(s):
Abstract:
Trade is one of the human's basic needs. Market is an institution in which the possibility of trade is provided. Although the propounded issues in economic are so expanded, market related issues have special features; and influence all parts.In market, supply and demand face each other and prices determine how the resources be allocated and distributed.Today,(goods and services, labor and…) markets have more expanded.In most of the countries such markets are run by the influence of capitalist economic's opinion and Since markets have a main role in the said system, has called ''market economy''. So knowing capitalist economics view points are one of the essential matters. In market, the most important basic element would be competition which received many interpretations from the time of early economists up to now. On the other hand we as Muslims belief in Islam's universality and know that Islam has assigned special programs for every situation. The author tries to investigate capitalist market with an emphasis on the competition and then states Islamic doctrines briefly.
Language:
Persian
Published:
Islamic Economy, Volume:4 Issue: 15, 2004
Page:
55
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