Saturday, March 12, 2011

The failure of the theory of capitalism



Alavtsadi the prevailing capitalist system in the world today, some of the columns, which collapsed and started shaking the other in the United States and in Europe and elsewhere, a system based on certain economic theory is the subject of our conversation in this article. Vhaditna not permission for reasons of economic and non-direct economic disaster that led to the current economic situation, this is his family and adepts who drenched talking about him, but it is a theory that the work was the real cause of the suffering of the capitalist system problems. , We say that the current economic disaster was added to the evidence of other evidence of the failure of the theory upon which the capitalist economy. A guide in two ways: on the one hand that the work is the theory that led to the disaster, and on the treatment of the disaster that requires out the necessities of the theory.
The theory that a successful economy is an economy property market allows individual and the sale, purchase, savings and left to the market determine the prices of goods, but all this should be in complete freedom is not limited by any interference from the state. Was the philosopher and the Scottish economist Adam Smith, who lived in Qrnhm eighteenth is more famous for saying that this philosophy of capitalism, but historians say that he himself influenced by the writings Mandaville his more expensive in this matter is the famous saying, "The vices of the individual are the virtues of social" in the field of economics. The Smith and others say there is nothing wrong with the individual that rushes to bring out of selfish interests, but said some of them motivated by greed to achieve their interests and that the result will be that by the invisible hand is not notified to the minds of the individual, is the public interest.
But the reality is that this invisible hand not the task attributed to Smith and others, but led greed individual discarded him him free rein to the division of wealth division unjust, so that only a minority of citizens, sometimes up to 10 per cent have what sometimes up to 90 per cent of wealth, nor has the remaining 90 per cent only 10 per cent, making some U.S. economists say mockingly that he seems to be something hit that hand failure. And began the gap between the rich and the poor increasingly bitter years since making some economists say that if he continued to vary the pace that would result inevitably lead to social disaster.
It's ideal of the theory of successful outcome would be the best so well whenever the reality of work by the model is closer to the theoretical. But the strange thing in the theory of capitalism that if the situation is identical to the ideal image of the disasters are more frequent. Perfect picture of the theory is not to be the lowest of the state intervention in economic activity. But this means no state imposes taxes on the people, do not take laws that restrict economic activity, as if making some things to prevent hazardous or traded, and determine if the places that are built in factories, and put her health and environmental conditions and so on. But all these restrictions are still occurring to some extent in the capitalist countries. State then intervened, but intervention was not to the extent that injustice, but they always tend to give freedom for the rich no matter led to restrictions on the poor. Take the tax system in the United States, for example. The tax is not taken from the capital as in the case of Zakat, but taken only from the per capita income in the financial world. This means that if there were two people, one has two million dollars and the other does not have anything, but the income of each spouse in the financial year was 100 thousand dollars, the percentage is taken of them equal, namely, that the tax is not subject to capital that existed before the fiscal year. "Said Kevin Phillips in his book" Wealth and Democracy "that if I had a tax of 3 per cent on the capital in America alone of the remaining poor on earth! Perhaps the reader to note that this ratio very close to the rate of Zakat, which already imposes on capital.
But advocates of capitalism in the West still defend what they see, despite all of its harmful effects. Do you know what the reason for this? Why they thought that the only alternative to the capitalist system than what they knew of the socialist system, which is known photographs of him in the Soviet Union and China before the amendments made by the Chinese. They want to confuse the fact that the capitalist market economy and the fact that every market economy is essentially a capitalist economy.
But the truth is that there is a third alternative is the Islamic economy, which is the market economy, but market disciplined controls the values ​​of the Islamic values ​​which is dominated by the interests of poor communities to avoid widening the gap so terrible that resulted from the theory of capitalism. In the words of Almighty God
But they said that they were selling, such as usury, and God has permitted trading and forbidden usury (al-Baqarah: 275)
Statement to bring these two things in selling Adoption of a market economy, and in the prohibition of usury limit his Islamic values ​​are in the interest of the poor. Then comes the Zakat which is also in the interest of the poor, but come the general rule should not be ordered by state money among the rich. If the Westerners did not know the theory of capitalism only in the image, which he said by Smith and others, we know from the Koran as a theory of old was among those who said the people of Shoaib, who refused to invite the prophet to them for justice in their financial transactions on the pretext that the money their money will have the right to do the Machawoa.
And to the debtor and their brother Shu'aib said: O my people worship God as you have no other god give not short measure and balance, I see you well and I fear for you the torment on the ocean. O my people, fulfilled a bushel, and the balance of justice, and wrong not mankind in their goods, nor do evil in the land, working mischief. The rest of God's best for you if you are believers and I am not a keeper over you. They said: O Shuaib Oslatk Americanize to leave what our fathers worshiped or that we do in our money what we want you to You-Halim al-Rashid (Hud: 84-87)
Logo philosophy of capitalism is almost a translation of the words of this people Shoaib. The people of the debtor want to do what they want and the philosophy of capitalism says laissez-faire laissez fair does not interfere in any economic activity.
Islam's rejection of philosophy, which protested by the people of the debtor on the basis that money is not owned by an absolute monarchy to humans, but is owned by Allah who commands all human beings to behave in accordance with the orders to be glorified.
Good effects that resulted from this disaster is that many of the thinkers of economists and other economists no longer believe in the theory of capitalism's cough, but claim to have become the intervention of State for the administration of justice and became Ivmon selfishness and greed, which was of the causes of this crisis.
The interest was the teachings of Islam's economic academic areas in the West, but the practical examples of the economic institutions of the Islamic begun to show success for Osifadtha Bank, and tell us Professor Ali Khan Professor of Law at the University of Ohbeirn in the state of Kansas in an article for the disaster of the current economic "has become a funding Islamic raises a tremendous amount of academic curiosity. Many of the experts who participated in the forum the Eighth Harvard University on Islamic finance, which was held in April (April) this year were wondering about whether able to Islamic finance that prevents the state melting taking place in the U.S. market because of debt mortgage and mortgage-backed securities - now known as the toxic investments. "
To be hoped that in this lesson to the Muslims, to bring back confidence in the teachings of their Lord, and encourage them in their devotion to their economic activity in order to set an example for people Bhassanha practical and useful.


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