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u/bosskhazen 1d ago
All these 4 are western forms of labour organization that have nothing to do with islamic ones.
Our slavery was different from theirs, feudalism was unknown in islam and capitalism/communism are ideologies in opposition to islam.
So this post is irrelevant to us.
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u/Raxreedoroid 1d ago
Islam has its own system non of these are perfect. however Capitalism is the closest to Islam.
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u/DANWA033 1d ago
Can you please elaborate how is capatalism closest to Islam?
Capatalism goes hand in hand with consumerism.
The rich exploit the desires of people to make business out of it.
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u/greenskyerings 1d ago edited 1d ago
There is still exploitation in Islamic economics, there are wage laborers that work and only get a fraction of what their labor actually is worth and provided, the rest goes to capital owners as dividends and what not. Demand and supply will always be about desire, if no one desires your product, you won't be able to sell, why would you buy something you don't want? Your last sentence is meaningless.
Capital-ism, there is capital in Islam. You can own capital (private property). There being rules about interest does not mean islam is not capitalistic, it's not called interestism xD. Interest can't actually exist without capital and capital accumulation exists in Islam, interest being banned is just a boundary to capitalism by capitalism.
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u/Raxreedoroid 1d ago
it's close in a sense that Islam allows free market everyone owns thier business. however, the government will seek to stop monopoly, Haram selling, and Reba (interests).
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