Lew Rockwell interviews Turkish Journalist Mustafa Akyol. They discuss the capitalist origins of Islamic thought and the recent embracing of socialism by anti-colonialist movements in the Muslim world. From the show notes:
Islam was founded by a successful merchant, and the religion was largely pro-market until the colonial disease of socialism infected the Muslim world. The Koran calls the merchant the most honorable man, saying that nine of ten of God’s bounties come from trade.
See also Akyol’s talk “Are Islam and Capitalism Compatible?” at the 2010 Meeting of the Property and Freedom Society:
PFS 2010 – Mustafa Akyol, Are Islam and Capitalism Compatible? from Sean Gabb on Vimeo.
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Here are Mustafa’s speeches from previous PFS meetings:
Kemal Ataturk: The French Connection
http://vimeo.com/channels/pfs09#5077493
Understanding the Ottoman Empire, Modern Turkey, and the Kurdish Question
http://video.google.co.uk/videoplay?docid=-2701201083638747257#