Sunday, 10 June 2012

The Capitalistic Societies with Excessive Laws are Manufacturing Islamic Activists,

‘that will rage war on Western ideologies and redeem the Islamic Empire through necessity’ - By Zeshan Ali Haider.

Image Courtesy Michaelhacker.at (illustration)
Today’s governments are no better rulers than of their past predecessors. Their flagship has always been devising laws that scrutinize the masses through austerity to retain their supremacy without having the audacity to look inside their own mansions. It is to no surprise that these governments are, and were, influenced by the self-destructive school of Capitalism enticing them to jump on a bandwagon of capitalism and receive taxes to run their day-to-day establishments. But in this race of gains who has tethered who and who is the victim and the final culprit remains an enigma for the common man.

''Please do not miscontrue the use of the term 'Capitalism' in this context. Capitalism that advocates Speculation and Trading on Financial Markets, Earnings through Interest, and the right to pile reserves of paper money, gold etc without purifying it, is cursed'' 


Not having to discover much, the masses are tethered by capitalism and governments where capital moves from the pockets of hoi polloi to capitalistic plutocrats and governmental reserves that run the school of capitalism and their blood sucking counterparts; Financial markets, useless laws to make money & Banks. This school advocates and practices making money on money. This means people not having money, the poor, have no part to play in the race of gains, making it unjust by the first impression. Digging deeper would excavate the remains of capitalism of the past where pharaoh used slaves to increase his own wealth and power, no different from the governmental structure of the 21st century, where common man is a virtual slave.                                                                           

How do banks make majority of their profits? By taking interest on accounts from account holders; the common people saving money for their future, and lending it further to businesses on a much higher interest. Thus, banks perform major capital formation that would have been lying idle in many households or otherwise consumed. But why can’t the governments use their idle money lying as heaps of paper, gold, and what have you, to make it available to businesses without interest? The deception is not just the interest part but is the amount of interest paid to the account holder which is more or less equal to the amount of inflation in the country. So think on how much the masses gain and how gravely misbalanced the system is of the Era.  

''You cannot blame the people for participating in the race of gains becuase the system forces them to participate willy-nilly to make ends meet'' 

Then we blame the past on wrong impressions rather than the system that prevailed, and is prevailing, under governments. It is not the question of people not willing to contribute to socialism but it’s the system that is unjust towards the people that coerce them to take part in the race of gains, as intended by capitalism. If the system were that just people would have definitely taken part in the collective gains of the society in general rather than the individual race of gains where the smaller fish always ends up being consumed rather than each having their separate forms of sustenance (see picture).

The bigger question is, if the masses are to be given a mere part of the money that they pay in taxes why would they need governments for it? What role does a government play in the prosperity of its people for what it gives (social benefits) is far less than what it takes (every imaginable and unimaginable taxes)? Similarly, what role does a bank play in reviving a society for what it takes is far more than what it gives back to the society? If you do not believe then, ‘why does Greece Central Bank has reserves of 3585 million ounces of Gold’?

To camouflage their clandestine love for capitalism bamboozled the common people by devising morality in companies by introducing Corporate Social Responsibility and Business Ethics that is termed an oxymoron which further puzzled the already puzzled masses. Please do not say it employs people because it is obligatory for them to use human capital. Unfortunately, this human capital, now, is also not being employed in banks through automation of processes and manpower being replaced by machine power where the victims are always common people known as the public.

Results are, masses are running governmental expenditures rather than governments running expenditures of the poor, let alone the masses. It seems as if they are, but in fact they are not.

Let us look at the Capitalistic Society:

  1. The public pays 21% (highest in Europe) on everything they buy.
  2. They pay Personal Taxes.
  3. They pay Independent Taxes.
  4. They pay Income Taxes.
  5. They pay Car Insurances.
  6. They pay Bank Transfer Fees.
  7. They pay Income Contributions to make up pension which is not even 100% reimbursed.
  8. There is no free movement of people in Europe, except for tourism. If a Spanish person comes to Belgium he will only be allowed residence if he or she shows solid proof of work and income, otherwise repatriated to Spain.                                
  9. Interest Based Banking.
  10. European Telecommunications Network Operators Association (ETNO) is planning to impose heavy cost on popular Websites that will virtually cut off Internet in the developing countries.                   

Image Courtesy herbertpedron.com

The dire need of today, and of our generations to come, is to come up with a System of Economics that is simple yet just to all and that system cannot be devised without the Divine Law that laid down the rules of Islamic Economics through the ‘De Facto Religion Islam’.

Let us look at the Islamic Society (to be implemented as per ZAH Philosophy)

  1. 2.5 % tax (Zakat) on all Idle Money, including Governments, Banks, Reserves. Used to make poor more productive citizens through projects that bring in capital. 
  2. 10% tax on Companies.
  3. Price is not equal to the cost of production.
  4. Fixed prices and variable production through expansion.
  5. Interest Free Banking.
  6. Money would be in circulation flowing from all the masses to the government and from government back to the masses in juxtaposition to continuous improvement to all alike. Step by Step.
A Pareto-Optimal System. (A whole plan is in the making).

Note: ‘Tax percentage remains a moot point for mutual agreement’.     
                                                                                                                
Example of Greece: A perfect example of too much restrictions and laws in the Euro Zone has forced Greece to step out of euro and initiate a vacuum for disasters to follow. Greece now wants 100 Billion bailout for banks.


Example of Facebook IPO: Who gained the most in the Initial Public Offering by Facebook? These were no other than the deal brokers; NASDAQ, Facebook owners, & venture capitalists. Whether the stocks/shares went up or down these advocates of capitalism brokered billions in profit at the hands of the masses who were coerced to enter the race of capital gains and ended up being bamboozled time and again.


If the current system of capitalism suggests not helping the poor because they worked hard to earn their riches then why do you think Europe should bail out Greece as the people across Europe (other than Greece) have worked hard to keep afloat their governments by paying high taxes?

Ironically, the current system of economics or should I say capitalism will ultimately be obliged to implement the Islamic Economics until the common people get heywired ad nauseam to capitalism.

Look at the following scenario:

Suppose that the world population has increased from 7 billion in 2012 to 14 billion in 2145 (estimate).


The first question that will arise would be to ask, how would this population of 14 billion be fed? With the current system of capitalism where you have trillions in reserves but still have almost a billion starving population can you expect it to feed almost the double amounts in the future with starving people of more than 2 billion? If the current system prevails capital will remain in the hands of the very few on the top and you will not be able to feed 12 Billion plus 2 Billion of starving population. Will you accept the system that allows the rich to maintain their riches at the hands of the starving poor and let them have parties and eat cakes, while the poor starve to death? Is this the system you want to implement? Being rich is no crime but getting rich through this current system of gains at the hands of the masses is.

Ultimately, Islamic Economics will be inevitable yet the men in power will deceive you as they have for the past hundred years and abstain your grant. If you want a just system you would definitely try to implement the Islamic economics presented to you in the article, the revival of the Islamic republic of Pakistan and its Islamic counterparts. It is the Islamic Empire that will have to take the lead as an example.

Gravely, if you have an unjust system you should at least have a just system that creates opposition to the unjust one. Unfortunately you have no just system that can at least give poor people the hope for the revival and the choice between the ‘Right system’ and the ‘Wrong system’.

Islamism will become a necessity for the World Economics. Although they (men in Power) will fail to implement it by rejecting it.

This Article is a second glimpse of what needs to be done to revive the true Islamic Empire and its rest of the world Counterparts.

(Re-read Article: The revival of the Islamic Republic of Pakistan)


Equality OR Injustice? You Choose!


©Copyright 2012 Zeshan Ali Haider. All Rights Reserved.

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