Wednesday, August 3, 2011

Atheist, Capitalist, Monetarist and World Disasters

Their godless philosophy leaves them with nothing else to aspire to. Why should they care about the well-being of the planet when they are going to be dead and buried long before it does? What difference does it make if they cause a million people to starve if they themselves are well-clothed and well-fed? ( think of the USD 14.0 trillion debt of USA ! Greece USD300 billion...and each US citizen owed US45,000 all their lives)

There is no wrong and right, for they have no true moral compass nor any ‘aql to distinguish between them, there is just material wealth and might. For them, success is measured by how much money one can accumulate and how much stuff one can acquire - there is nothing else to aim for. And that is why so many of them claim that they never have enough, and lie, cheat and steal to get more and more.

Thus, growth is the overriding necessity that underpins the atheist capitalist worldview, and hence its reliance on riba or increase in the transaction. The creation of ‘monetary wealth’ - in actuality, simply extra numbers on a computer screen - out of nothing.

Shaykh Abdal Qadir says concerning this, in his essay on the collapse of the Monetarist Society:

“The foundation of modernist atheism lies not in a metaphysical construct which declares that man does not ‘need’ the idea of Divinity – it lies in the embracing of usury as no longer forbidden, but necessary. In a limited and finite world the modern men declared that increase in the exchange was not only permitted but theoretically without limits.

Atheism has to precede usury. The Divine Creator affirms His reality by the confirmation that since nothing is associated with Him, everything in existence, that is creation, is other-than-Him, thus is in-time, has form and limits. It is because of the limit nature of the universe, that an exchange system that admits of the theory that increase can function when what is at hand is limited, must be forbidden.”

Usury and the law of man have brought this world to the brink - its seas are dying, its forests are disappearing and even its skies are eroding - all to feed their greed, and need for instant gratification. They think that this trade of theirs brings them joy and happiness, but the truth is that it does not even benefit them in this world, for Allah says,


zhou said...

A person will be with those whom he loves. They – the lovers – are with Allah in this world and with Him in the Next. One of the ‘Arifin said, “The masakin – the poor and destitute – in this world are those who leave it behind without tasting the best of what it has to offer.” “What is the best of what it has to offer?” he was asked. “Love of Allah, Knowledge of Allah and remembrance of Allah”, he replied.

The way to good character lies in two things as was indicated by Shaykh Abdal Qadir al-Jilani when he said, “Be with the Haqq without creation, and be with creation without yourself”. In other words, the bridge between a slave and his Lord may be crossed in but two steps – one step by means of which he leaves his self behind and one step by means of which he leaves creation behind. He leaves his self behind and completely removes it from the picture by means of the relationship between him and other people, and he leaves people behind and removes them from the picture completely by means of the relationship between him and his Lord. So he ceases to pay any regard to anyone unless he be someone who guides him to Allah and to the path which leads most directly to Him.

zhou said...

It encourages hoarding and creates Tyrants who want to control the issue of money on which they can demand interest for ever. Today's official monetary system has almost nothing to do with the real economy. Just to give you an idea, 1995 statistics indicate that the volume of currency exchanged on the global level is $1.3 trillion per day. This is 30 times more than the daily gross domestic product (GDP) of all of the developed countries (OECD) together. The annual GDP of the United States is turned in the market every three days! Of that volume, only 2 or 3 percent has to do with real trade or investment; the remainder takes place in the speculative global cyber-casino. This means that the real economy has become relegated to a mere frosting on the speculative cake, an exact reversal of how it was just two decades ago.

· It creates monetary crises. For one thing, power has shifted irrevocably away from governments toward the financial markets. When a government does something not to the liking of the market - like the British in '91, the French in '94 or the Mexicans in '95 - nobody sits down at the table and says "you shouldn't do this." A monetary crisis simply manifests in that currency. So a few hundred people, who are not elected by anybody and have no collective responsibility whatsoever, decide what your pension fund is worth - among other things.

· It creates crashes. George Soros, who's made part of his living doing what I used to do - speculating in currencies - concluded, "Instability is cumulative, so that eventual breakdown of freely floating exchanges is virtually assured." Joel Kurtzman, ex-editor at the Harvard Business Review, entitles his latest book: The Death of Money and forecasts an imminent collapse due to speculative frenzy. Just to see how this could happen: all the OECD Central Banks' reserves together represent about $640 billion. So in a crisis situation, if all the Central Banks were to agree to work together (which they never do) and if they were to use all their reserves (which is another thing that never happens) they have the funds to control only half the volume of a normal day of trading. In a crisis day, that volume could easily double or triple, and the total Central Bank reserves would last two or three hours. In 1929, the stock market crashed, but the gold standard held. The monetary system held. Here,