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CONTRADICTION. (1) answer(s).
 
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ID:   085201


Dialectics of econo-centric capitalism and logo-centric fundame / Xing, Li   Journal Article
Xing, Li Journal Article
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Publication 2008.
Summary/Abstract The paper intends to offer a framework of understanding the dual rise of econo-centric capitalism and logo-centric fundamentalism as a dialectical process of mutual generation and destruction in the long historical struggles between ideas and values on the one hand, and material life and society on the other. "Mutual generation and destruction" implies a dialectical process in which the deification of the free market and the global expansion of market capitalism have unavoidably generated mounting contradictions paving the way for the resurgence of radical counter-hegemonic sociopolitical forces. It is the analysis of this connection that leads to a better understanding of the essence of fundamentalism rather than its appearance. Islamic fundamentalism can be seen as a counter-hegemonic political movement representing an outlet for action and a force for change. Ironically, what we are witnessing today is a war between two rising religions: Islamic revivalism and market capitalism.
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