Capitalist System the new form of Discrimination

Make your mind up...and stand for it!
Make your mind up...and stand for it!

I am sure you have been watching the news recently and the events much less reported in the western media is the Occupy Wall Street (OWS) movement and the various forms of the 99% movement is growing in America and globally.

I am so pleased that even though the Egyptian’s have not yet managed (simply because of the Western interference) to get full democratic rights yet, their sacrifice and efforts have resulted in waking up the people of the world and particularly those 99%’ters living in the US and other parts of the world.

People are now realising that we as the citizens of the so called civilised Western nations have full democratic rights to voice our concern over being taken for a ride down a dark alley (just watch the news to wake up and see the reality http://www.presstv.ir/ and http://rt.com/news/). Make sure to watch those news channels that are not owned by elites because you will not get the truth.

The dreadful economic situation engulfing much of the world is not due to terrorists nor is it due to Muslims, over taking the world but is because of greedy elites living among us in the western world who have used capitalism and their power to subjugate us and the rest of the world.

Just look at the power these bankers are able to apply to political systems worldwide, unfortunately the western media which is largely controlled by filthy rich capitalist monkeys do not report on cases which affect the average working man or women on the street.

So why am I blaming the capitalist system? The reason is because it has created a social environment almost globally that has two sides, one side which has the lowest number of people but the largest reserves of wealth and power and the other which has the largest number of people (in terms of population) but the lowest amount of wealth and power. This is where the 1% ‘Have’ and 99% ‘Have not’ equation rises from. It is not a phenomenon that plagues the western world but one that has infested the whole world.

In case you got the twisted end of the story, from the usual News outlets!

If you did not like the version above then here's another one - NOW WAKE UP!!

Yet another - standing up like a thorn!

What is the Capitalist System?

Capitalism is a socio-economic system in which private ownership means profit to the owner or a group of owners. The owner controls the means of production, so the profit belongs to the private business owner or the group that represents the owners. In capitalism, the free market determines the production, distribution and price of goods and services.

A free market is unregulated supply and demand with little government interference in matters of trade (this is where governments are lobbied by wealthy capitalists in favour of their demands). Price agreements are made by buyers and sellers and the market dictates supply and demand. Some competition policies may exist in a free market capitalist system (although from current experiences in the market you can clearly see that it always biased towards the rich countries like US and UK). But we now know at detriment of the tax payer that these policies do not work.

Capitalistic competition policies are usually based on the efficiency of economic feasibility, while socialistic competition policies are often concerned with unity in a single competitive market. The opposite of a free market is a controlled market. The government controls supply and the price of goods and services. This sounds good to me at least that way things may be cheaper for the masses – assume for a moment we the public vote in the government (Current system – the public I allowed to believe that they vote in the government into power – what an illusion) which regulates the markets and if things get to expensive we can in theory at least get the government to exert pressure to reduce the costs for the public. Doesn’t that sound good, but I am sure that there are mind washed economists and politicians who have their heads so far up the dark alley of the wealthy business men and some women that they’d convince the average Joe blog that – it’s not a good idea for the government to control the markets.

What is your view?

The Capitalist system began in seventeenth century Europe and is associated with the European Enlightenment. The European Enlightenment focused on the idea of individual freedom to pursue one's own economic interests in order to make a profit (that is not a bad thing as long as the wealth an individual acquires is used to benefit the society without strings attached). Capitalism realizes a profit through the means of production together with labour to produce the goods which is sold to a buyer (that is you and I).

The labour in a capitalist system is called wage labour (it wasn’t always like that – especially not for the African slaves who were forced to work on American and British plantations and farms) as wages must be paid to the labourers. The means of production means everything that is required in producing goods including land and the property rights to it. Businesses run on capital and capital is what capitalists have. Capital is items of value (as in money, gold or power (don’t argue with me on this one, power is a huge capital – just look at how the US controls the world through its power) that can produce more wealth.

Do you know what your government is doing in your name, using your tax money?

What is Discrimination?

Discrimination in its legal sense is categorised into direct and indirect discrimination. Direct discrimination means treating a person or group less favourably than another in the same situation, usually on account of their race, gender, disability, age, sexual orientation or religion and now wealth and social standing.

In today’s society it would seem that if you have money then no matter how immoral and twisted your behaviour you are still esteemed as being someone, on the other hand if you are a very nice, law abiding with distinguishable moral fibre and you have no money then you are not considered worthy of respect.

Just look around you how many politicians and business men or women have you seen in the society today that have a shred of decency and moral compass – I would hazard a guess at zero. Those that are in positions of power and influence in our society today are there because they are good at making money or gaining power at the expense of truth, integrity and social kindness.

There are many good politicians and business men but because they are good they will never achieve the same level of recognition and status as do those who are selfish and greedy to achieve for themselves rather than the society that bestows them the power and recognition.

And you thought your were FREE!

Read to learn other ways of doing things!

PRINCIPLES AND PRACTICES OF ISLAMIC MICROFINANCE FOR A GLOBAL ECONOMY: A CASE OF BANGLADESH
PRINCIPLES AND PRACTICES OF ISLAMIC MICROFINANCE FOR A GLOBAL ECONOMY: A CASE OF BANGLADESH

Microfinance Institutes and its activities have once again come to the lime light after its pioneer Nobel Laureate Prof. Mohammad Yunus was accused of corruption by the Norwegian State TV (NRK). This research shows how such microfinance institutes, especially the Islamic Microfinance Institutes (IMFIs) and the RDS of the IBBL as a sample, can really contribute to the development of the society, in terms of alleviating poverty, improving lifestyles, and most importantly filling the gaps of basic ?human needs'.

 
Women Embracing Islam: Gender and Conversion in the West
Women Embracing Islam: Gender and Conversion in the West

Many Westerners view Islam as a religion that restricts and subordinates women in both private and public life. Yet a surprising number of women in Western Europe and America are converting to Islam. What attracts these women to a belief system that is markedly different from both Western Christianity and Western secularism? What benefits do they gain by converting, and what are the costs? How do Western women converts live their new Islamic faith, and how does their conversion affect their families and communities? How do women converts transmit Islamic values to their children? These are some of the questions that Women Embracing Islam seeks to answer.

 
Islamic Finance in the Global Economy
Islamic Finance in the Global Economy

A good political economy account of Islamic finance. Its general viewpoint is well-informed but sensibly critical; this is rare in writings on this topic. It contains a wide range of material in one place in a way that is probably unique. -- David Cobham, University of St Andrews In spite of the ever growing importance of Islamic finance products, quantity, rather than quality, has been the main feature of literature on the topic. Ibrahim Wardes book is in this respect a welcome exception, indeed he begins his book with the observation that the majority of texts on Islamic finance tend to be abstract, and avoid rigorous scientific and sociological methodology ! Warde unquestionably succeeds in his book in providing an excellent overview of modern Islamic finance.

 

Where am I going to, with this Hub?

Now that I have ranted on a little here is what I would like to see, that more people (like those that are Occupying Wall Street and those others around the globe taking action to change) waking up and seeing the reality in front of us – working towards changing this corrupt system for one that is fare and just.

A system that does not allow people to hoard wealth but provides a social system in which ‘Profit’ and ‘Amassing Wealth’ are not the only drivers to one’s success – but instilling in the future generations that truly good person is one that take on the responsibility of being caring socially aware that his or her neighbour dose not suffer while he or she sleeps in comfy surroundings.

I would like to end this rather lengthy hub with the following hadith from Prophet Muhammad (PBUH):

"Do not withhold your wealth, (for if you do so),
God will withhold His blessing from you."

Source: Sahih al-Bukhari, Vol. 2, #513

This hadith refers to a fundamental reality in regards to our worldly possessions. Human beings are not "owners" of anything, one day we are here enjoying the worldly pleasures we have acquired and the next we could be fighting for our last breath. Everything belongs to God. Whatever God has bestowed upon us is a blessing from Him, and it is in the nature of a "trust". Our role is as guardians. In distributing His bounties, He has given each of us in different proportions. However, nobody owns anything, in reality it will all stay behind when we are buried in that cold, dark and damp grave. When we use the expression of ownership, it is a temporal possession that, according to the Divine Will, must be recognized by everyone. We all are duty bound to God to behave in accordance to His Will and Guidance so that all our collective possessions do not cause or promote any injustice in society. In pursuit of Our Most Compassionate Creator's pleasure, we must fulfil our role of stewardship. We have to learn to behave as His trustees, rather than as owners, in regard to our resources and possessions. We must constantly remind ourselves about our accountability to God as trustees.

This means that we should look to helping our family, friends and the society, our brothers and sisters in humanity no matter what background, colour, creed, gender or status – if they need help we should do our utmost to help them – that is the only way we can bring about a just and tolerant society. We are all responsible to work towards achieving that state.

More by this Author


Comments 10 comments

Zubair Ahmed profile image

Zubair Ahmed 4 years ago Author

hi seigfried23,

Thank you for reading and the comment.

There are alternatives to the capitalist system, unfortunately the mis-information around those systems propagated by the current capitalist system and its proponents has made the general public to scared to contemplate a change for the betterment of society.

One such system is the Islamic Financial and banking system which is gaining momentum in the West more so now then it had done before. A much farer way to do business and banking then the current interest laden offering we have today.

All the best.

Zubair


seigfried23 profile image

seigfried23 4 years ago

Hello Mr. Ahmed,

I enjoyed reading your take very much. It's interesting; because I don't agree with overthrowing a capitalist system in general; but I do understand the nature of your deductions, which are largely accurate. I just dont think, historically, any economic system has really fared better for gigantic civilizations over capitalism. So what would we replace it with? This is mostly a rhetorical question, though, because I dont think someone has to have a replacement in mind in order to chastise the ills of a current system. For my money, I think an ideal system would be a form of informed, cultural and compassionate capitalism; where it is highly desirable from a cultural standpoint for the rich to willingly aid their poorer brethren, without legal compunction. Furthermore, we as a people must take better account of psychopaths running banking institutions and other powerful positions. Most people arent even really aware that there are many people in positions of power that are biologically incapable of empathizing with normal humans; they seek only to dominate. These are the people that garner praise and flatter their way to the top.

Thanks for taking the time to write this hub.


Zubair Ahmed profile image

Zubair Ahmed 4 years ago Author

Hi Tony,

Many thanks for reading and your nice supportive comment. We are already seeing the results of the greed that we allowed to happen. People across the globe are suffering as a result of that.

Guess who is not suffering - the rich and the wealthy elites.

I just hope things can change for the better, some day soon.

All the best


Tony Robinson profile image

Tony Robinson 4 years ago

I want to thank you for this posting. I am in agreement with you about the American dream. It should be something every American can envision. I am not for profiting over someone else while they struggle. Our capitalistic world has taught people to live above their means. Somehow, they have to have this 50 inch screen television, but can't afford healthcare. Business are taught that the more the merrier. Gas companies with billion dollar profits off of those of us having to decide if we have enough gas to get back and forth to work. Why do ANYONE need that kind of a business profit? Are they hiring more people...no, they are laying off. We allow this. By the time I am an old man, the world as we know it will be different and I am afraid. Our greed and need for possessions of the backs of our neighbors will come back to bite us. It is time for controlled spending across the board, price freezes, employees per profit capita, etc...


Zubair Ahmed profile image

Zubair Ahmed 5 years ago Author

Hi molometer,

Thank you very much for reading and the comment. I agree with you that most system have their down sides - but rather than sitting and accepting defeat at the hands of greedy elites we need to take action - even if it means writing hubs that get wake people up to reality.

You see some people in society do not see the injustice and suffering that goes on in society - and are willing to just live life on auto pilot

Anyway stay well and do visit my other hubs.


Zubair Ahmed profile image

Zubair Ahmed 5 years ago Author

Hi Feenix,

Thank you so much for reading and the comment - I have to say I couldn't agree with you more.

I guess I'm one of those people who likes looking for options to make things better. It's a different subject whether it actually transpires into reality or not but at least I have thought about and expressed my opinion.

You are so right that life is a b***h but if we all give up and sink low like those who make it a b***h then there is no hope.

Al the best


molometer profile image

molometer 5 years ago

Hello Zubair,

Very in depth coverage of the current balls up that is capitalism however remember that under all communist systems there were still elites and massive poverty. No system is perfect.


feenix profile image

feenix 5 years ago

Hello, Zubair Ahmed,

I can see that you have the best of intentions. However, your "world view" is brimming over with youthful idealism and what could be described as a "pie-in-the-sky attitude."

Whether socialism, communism or capitalism is in place, there will be those who suffer and who are left behind. Human beings will never succeed at coming up with "The Answers" or making the world a "better place."

Ever since the "beginning of time," life has been a bitch and that is not going to change until Kingdom Comes.


Zubair Ahmed profile image

Zubair Ahmed 5 years ago Author

Hi American Romance,

Thank you for reading and the comment. I am all for the American dream but not at the cost of someone else's well being. I'd rather be poor than see someone else suffer simply because they don't have enough money to by bread or seek medical attention.

The American dream was a wonderful idea, unfortunately greed and selfishness took over and has ruined it for the majority.

All the best


American Romance profile image

American Romance 5 years ago from America

I didn't read the entire hub, but your part on capitalism being a sole owner who has the power to dictate is correct! You act as though this is a bad thing? You also mentioned govt stepping in when prices got too high? If prices are high then demand is great! Normaly this would open more opportunities for everyone? See capitalism is great! Its what built this country! Its what created the middle class that most countries do not enjoy! If a man sacrifices all to build a business then he alone should dictate where the profits go and how he disperses them! Because it is America you my friend can argue this is not fair and go and open your own business to change the rules! Netflex did and has put Blockbuster out of business! The facebook guy did and ruined other sites! Walmart did and killed the mom and pops but created more wealth, more jobs, and less cost to consumers! Find a nich and capitalize on it and the American dream is yours!

    Sign in or sign up and post using a HubPages Network account.

    0 of 8192 characters used
    Post Comment

    No HTML is allowed in comments, but URLs will be hyperlinked. Comments are not for promoting your articles or other sites.


    Click to Rate This Article
    working