Spiritual Economies: Islam, Globalization, and the Afterlife of Development

An innovative and surprising book Spiritual Economies: Islam, Globalization, and the Afterlife of Development by Daromir Rudnyckyj challenges widespread assumptions about contemporary Islam by showing how moderate Muslims in Southeast Asia are reinterpreting Islam not to reject modernity but to create a “spiritual economy” consisting of practices conducive to globalization. The book reveals how capitalism and religion are converging in Indonesia and other parts of the developing and developed world; and it offers an alternative to the commonly held view that religious practice serves as a refuge from or means of resistance against modernization and neoliberalism.