Calculating Justice: Islam, Capital, and Social Good in the United States
New forms of capitalism, mostly emerging under the title of “socially responsible” economies, claim to contribute to the social good and solve inequities in society; examples include impact investing and social entrepreneurship. This project explores how these new forms of capitalism intersect with racial, gender, environmental, and economic justice in American Muslim contexts. With a particular focus on the ethical self-representation and public relations of organizations on investing and giving, this project explores how Islamic values are negotiated at the intersection of philanthropy and new forms of capitalism through affective, economic, and ethical relations. Based on participant observation and interviews with American Muslim social entrepreneurs, philanthropists, and businesspersons, this research examines the rectification of capital through claims to invest and give for “good” and “just” reasons in American Muslim contexts, critically engaging with religious traditions in their grappling with questions of justice under the conditions of corporate capitalism.