Capitalism is in decline

[JUBA]

The only fair and most importantly balanced economic system is the Islamic Economic System, both Capitalism and Socialism are in decline.

 

[MarkusS]

The only fair and most importantly balanced economic system is the Islamic Economic System, both Capitalism and Socialism are in decline.

lol thats meant as a joke? All sucessfull nations are capitalist. Look at Germany. USA, China, Japan, Italy, Canada, India and so in while all islamic countrie...well you know their place lol.

 

[gambit]

The only fair and most importantly balanced economic system is the Islamic Economic System, both Capitalism and Socialism are in decline.

Could the microwave oven came out of an Islamic economic system ?

 

[JUBA]

lol thats meant as a joke? All sucessfull nations are capitalist. Look at Germany. USA, China, Japan, Italy, Canada, India and so in while all islamic countrie...well you know their place lol.

All these countries that you mentioned are suffering, or did you forget so fast about the economic crisis that is still going ? or maybe you forgot about the austerity measures that these so called successful countries suffer from ? Capitalism only work for the rich few, the rest of the population are poor, maybe you could go and have a little chat with those occupy Wall street protesters, maybe they'll bring you back to reality.

Oh and by the way Islamic countries don't use the Islamic economic system, half of them adopted capitalism and the other half adopted socialism, that's why most their economies are ruined.

Could the microwave oven came out of an Islamic economic system ?

?

 

[Chinese-Dragon]

The only fair and most importantly balanced economic system is the Islamic Economic System, both Capitalism and Socialism are in decline.

If your Islamic Economic System has principles which are proven to work in a practical and pragmatic way, then spread those ideas and surely someone will start to adopt those economic principles.

China's economic ideology is all about "pragmatism". Anything that works will eventually be assimilated, the same reason why we conducted market reforms in 1978... simply because it works.

If you can demonstrate your system works better than other systems in a real world scenario, then people will come and learn from it.

 

[UKBengali]

lol thats meant as a joke? All sucessfull nations are capitalist. Look at Germany. USA, China, Japan, Italy, Canada, India and so in while all islamic countrie...well you know their place lol.

India!

 

[MarkusS]

All these countries that you mentioned are suffering, or did you forget so fast about the economic crisis that is still going ? or maybe you forgot about the austerity measures that these so called successful countries suffer from ? Capitalism only work for the rich few, the rest of the population are poor, maybe you could go and have a little chat with those occupy Wall street protesters, maybe they'll bring you back to reality.

Oh and by the way Islamic countries don't use the Islamic economic system, half of them adopted capitalism and the other half adopted socialism, that's why most their economies are ruined.



?

even in economic crisis even the weakest capitalist nation is a billion times better in economy than any islamic nation. Sorry but i dont want fall on your...standards.

 

[B+ Dracula]

The West makes a natural mistake in their understanding of Islamic tradition, assuming that religion means the same for Muslims as it has meant for most other religious adherents ever since the industrial revolution, and for some societies, even before that; that is: a section of life reserved for certain matters, and separate from other sections of life. This is not the Islamic world view. It never has been in the past, and modern attempts of making it so are seen as an aberration.
Al-Mawrid

What distinguishes Islamic democracy from Western democracy is that while the latter is based on the concept of popular sovereignty the former rests on the principle of popular Khilafat. In Western democracy the people are sovereign, in Islam sovereignty is vested in Allah and the people are His caliphs or representatives. In the former the people make their own laws; in the latter they have to follow and obey the laws (Shari‘ah) given by Allah through His Prophet. In one the Government undertakes to fulfil the will of the people; in the other Government and the people alike have to do the will of Allah. Western democracy is a kind of absolute authority which exercises its powers in a free and uncontrolled manner, whereas Islamic democracy is subservient to the Divine Law and exercises its authority in accordance with the injunctions of Allah and within the limits prescribed by Him.
Political System

 

[MarkusS]

The West makes a natural mistake in their understanding of Islamic tradition, assuming that religion means the same for Muslims as it has meant for most other religious adherents ever since the industrial revolution, and for some societies, even before that; that is: a section of life reserved for certain matters, and separate from other sections of life. This is not the Islamic world view. It never has been in the past, and modern attempts of making it so are seen as an aberration.
Al-Mawrid

What distinguishes Islamic democracy from Western democracy is that while the latter is based on the concept of popular sovereignty the former rests on the principle of popular Khilafat. In Western democracy the people are sovereign, in Islam sovereignty is vested in Allah and the people are His caliphs or representatives. In the former the people make their own laws; in the latter they have to follow and obey the laws (Shari‘ah) given by Allah through His Prophet. In one the Government undertakes to fulfil the will of the people; in the other Government and the people alike have to do the will of Allah. Western democracy is a kind of absolute authority which exercises its powers in a free and uncontrolled manner, whereas Islamic democracy is subservient to the Divine Law and exercises its authority in accordance with the injunctions of Allah and within the limits prescribed by Him.
Political System

which would imply that islamic law is unchangeabke and static. Since the world is not static this creates comflict. Anything that is unable to change and reform is doomed to break apart.

 

[jammersat]

which would imply that islamic law is unchangeabke and static. Since the world is not static this creates comflict. Anything that is unable to change and reform is doomed to break apart.

What's your beef against iran bro? iran might have some problems but we are not hostile to foreigners , we are a kind and welcoming people , welcome to iran

 

[Developereo]

The West makes a natural mistake in their understanding of Islamic tradition, assuming that religion means the same for Muslims as it has meant for most other religious adherents ever since the industrial revolution, and for some societies, even before that; that is: a section of life reserved for certain matters, and separate from other sections of life. This is not the Islamic world view. It never has been in the past, and modern attempts of making it so are seen as an aberration.
Al-Mawrid

What distinguishes Islamic democracy from Western democracy is that while the latter is based on the concept of popular sovereignty the former rests on the principle of popular Khilafat. In Western democracy the people are sovereign, in Islam sovereignty is vested in Allah and the people are His caliphs or representatives. In the former the people make their own laws; in the latter they have to follow and obey the laws (Shari‘ah) given by Allah through His Prophet. In one the Government undertakes to fulfil the will of the people; in the other Government and the people alike have to do the will of Allah. Western democracy is a kind of absolute authority which exercises its powers in a free and uncontrolled manner, whereas Islamic democracy is subservient to the Divine Law and exercises its authority in accordance with the injunctions of Allah and within the limits prescribed by Him.
Political System

What you are describing as Islamic is not democracy. It is a theocracy, or a divine monarchy.

Most of the civilized world has freed themselves of this idiocy and we Muslims will remain backwards until we free ourselves also. Until and unless the rulers are held accountable, no nation can progress.

 

[B+ Dracula]

9.1 Political System of Islam- Religion and Politics
@Indos
In Islam there is no Church, Clergy or priestly class. Islam doesn’t except for people to claim to be representatives of God on earth. All human race is regarded as trustees of God on earth
====THEOCRACY??
In other words one element of theocracy may be similar to Islam but the it would be incorrect to call the Islamic system a theocracy. Lots of writers use that term but it is not accurate. Based on the principle that supports people choosing their own rulers. We find that Islam does not accept other systems of government which involve dictatorships in one form or the other because free will and the choice of the people is not there. Nor does Islam except a system of monarchy where power is inherited within the same family through children or relatives, which has no basis in Islamic political teachings. There are many countries that call themselves republics but the power only circulates within a closely nit class of elite. Whatever system it is and whatever title it has if there is no free choice It is not based on what Islam teaches in regards to free choice.
====SOVEREIGN??
If we believed in a God who is fallible then we would be in trouble. On the other hand the other systems whether democracy, socialism or others we are really talking about man made ideas or ideologies. These ideas govern the social or political life of the people.
We all realize that man is fallible. I don’t think that any man has yet made the claim that any human is infallible. A human being is fallible with all his wisdom and knowledge being imperfect.
===1
First of all, in a democracy the ultimate authority is for the people. Like they say it is a government by the people for the people. The ultimate authority lies with the people themselves. In Islam however, the ultimate authority does not belong to people but to God and to God alone.
==2
What happened in Western Democracy if the majority of people decide that the drinking age should be lowered to 14. If the majority so decides no matter how detrimental or harmful this may be it just becomes law because the majority of people want it. Under Islamic Law the word of God prohibits drinking and in a truly Islamic State there would be no intoxicants around.
==3
A second implication is that if in a given country adultery or prostitution are legalized (some European countries legalize prostitution) because of democracy it can be but under the Islamic system if the word of God prohibited adultery and prostitution then the ultimate word here is the word of God, not the will of the majority unless they reject faith and do whatever they want.
==4
Another example that could be very interesting which shows how Islam is ahead of democracy. Take the rights of minorities where the majority of people who belong to a particular race, class or group decided to deprive minorities from their rights. If a decision is taken to oppress minorities this could be done under a democracy. Under an Islamic system this can not happen because the rights of minorities under an ideal Islamic State are rights which are inshrined in the Quran, inshrined in the Prophetic Tradition and as such no human being can supersede them. Even if the majority wanted to deprive the minority they can not because there is that automatic restriction on their action.
==5
The Quran and Prophetic Tradition is the ultimate constitution that can not be changed. In the secular constitution it can be changed because we are human and we may have better wisdom than those who put the constitution together first. But we can not say that we know more than God when it comes to divine constitution.
==6
To the best of my humble knowledge and understanding I do not know of a single example where there is a complete and perfect model of an Islamic system at the present time. This does not mean that this system is utopian and only exists in theory. It existed in complete and perfect form during the lifetime of Porphet Muhammad and during the time of the first four rightly guided Califs
==7
In order to have a real Islamic Political System it is not enough to simply implement some aspects of Islam such as criminal law while neglecting fundamental issues such as the freedom of people to choose between possible candidates to be rulers. For example the hereditary system would definitely contradict the teachings of Islam if the people’s choice is not there. It is like applying one aspect while leaving out something that is fundamental. It is not enough to have an Islamic System to apply criminal law on a common man who commits theft but let highly placed people get away with millions in bribes. If we want to apply the penalties they have to be applied impartially.
==8
It is imperative for Muslims to establish a system of government based on the teaching of Islam. There is no separation of religion and state. It is nearly the unanimous position of Muslim jurists.
==9
This was a very bad aspect in Muslim history because an Islamic order, even with its imperfections, continued consistently from the day of the Prophet till 1924. It was perhaps the oldest continuos order in the world. At this time Muslims lost confidence in themselves as they were getting to be weaker and weaker and European countries and the West were becoming stronger and stronger. Many Muslims fell into the vise of blindly imitating their occupiers and colonizers and this seemed to have reflected the spirit of the time.
==

 

[Saad Huzaifa]

https://www.facebook.com/video.php?v=300702700096696

 

[MarkusS]

What's your beef against iran bro? iran might have some problems but we are not hostile to foreigners , we are a kind and welcoming people , welcome to iran

I said nothing against Iran. I said a fact of nature. Nothing in the Universe is static. Iran changed its systm dozens of times and thats just natural. And it will change again when the masses demand it. Thats not a question of "if" but "when".

I know that most iranians are kind people.

 

[Saad Huzaifa]

Just the benefits of Capitalism in the above video....