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Islamic Magazine
Global  Meltdown
Vol. XLVI No. 28, 2008-10-19
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Poetic Justice in the US Meltdown

There’s a kind of poetic justice in the fact that the US wars on Afghanistan and Iraq have directly contributed to the global financial meltdown, writes AIJAZ ZAKA SYED.
 
As a literature student, one was endlessly fascinated by the term Poetic Justice. The ancient Greeks, especially Aristotle, believed that virtue should be ultimately rewarded and vice punished in a literary work, often by an ironic twist of fate intimately related to the character’s own conduct.
Since life and literature mirror each other, I believe there’s some form of poetic justice at work in real life as well. Just look around; there are myriad examples all aroun... More
 
 
 
First Casualty of Global Meltdown in Los Angeles
 
The global financial meltdown claimed its first casualty in Los Angeles on October 7 with a 45-year-old NRI killing five members of his family before taking his own life. That’s an indicator of the turmoil that families are going through owing to economic hardship. In September alone, 169,000 people lost their jobs in the US. This is more than double the tally for the first eight months of the year, with the US economy losing an average of 75,000 jobs each month.
Employme... More
 
 
 
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Islamic Magazine
 In This Issue
Ecology in Islamic PerspectiveCOVER STORY
Future of Our Planet: Our ResponsibilitiesEDITORIAL
Say No to WastefulnessGUIDANCE - II
Man's Own DoingsGUIDANCE-I
US TELLS NEW DELHI TO CONTROL HINDUTVA ELEMENTSINSIDE INDIA
MOSQUE RECRUITS FOR CANADA ARMYMUSLIM WORLD
Neither Science nor Common SensePAYAAM-E-MAGHRIB
Ban TipsREADERS PULSE
Islamic Banking an Alternate to the 'Financial Tsunami': FICCI Conf.REPORT
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