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#5 |
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I did not bother defining the terms in that particular thread because I have done so in other threads many times.
Capitalism is not just private property. Capitalism as it operates today is a mixed economy first of all, it is a mix of private property and socialism. Socialism is big government, I force you to give me money which I then give to someone else or I force you to use the service that only I provide, not on the basis of pay per use, but on how much I think you should pay, whether you like it or not, you have no choice. Capitalism as it operates today is also founded on Riba, banking, central banking and paper money. All of these render it un-Islamic. So if someone says Capitalism is good and Socialism is good they would have to show how given all the problems with them I have identified. I say this cos on one post one dude said capitilism was bad, socialism was bad and democracy was bad |
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