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Capitalist System the new form of Discrimination

Updated on November 25, 2011
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?

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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'.
 

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.

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