ECONOMIC PROBLEM OF MAN

INTRODUCTION

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ECONOMIC PROBLEM OF MAN

ECONOMIC SYSTEM

ECONOMICS SUMMARY

JESUS AND MUHAMMAD

99 aTTRIBUTES

HIJAB & AURA

THE ECONOMIC PROBLEM OF MAN 

The economic problem of man has always attracted great attention from individuals as well as communities and various attempts have been made to solve this difficult but important problem; but they either utterly failed in finding an equitable and balanced solution of this long standing problem. Most of these attempts have gone to the one extreme or the other and have lost their true balance. They have either gone too far in protecting the rights of the individual and have completely ignored the common good of society (as in the capitalist system) or have totally undermined the rights of the individual (as in the communist system). We (People who submit themselves entirely to God and put God first), on the other hand, respect the liberty of the common good of society. We strike a just and equitable balance between the individual rights and the rights of society. In fact, We provide economic principles to organize society in such a way in which there is no conflict between individual liberty and the common good of society. We combine the advantages of both communism and capitalism without their evils and provide opportunity for work and full employment without fear of reduction in the rate of investment or in the growth of capital in the community.

Economic Principles

The supremacy of God, as pointed out earlier, is the basis of everything in what We believe in, no matter what nature, whether spiritual, political or economic. God is the Creator and Owner of everything on the earth. He has created all things for all mankind: "He is the Sovereignty of the heavens and the earth, and all affairs are referred back to God." (57:5). And in Surah Al-Baqarah we read: "He it is Who created for you all that there is on earth." (2:29). Thus it is the birthright of every individual to make efforts to get his share of this Divine Inheritance and no one can claim this on the basis of his color, creed or race alone. All individuals enjoy this right equally and no one can be deprived of this by law or otherwise, or can be given precedence over others. There is absolutely no distinction between people or any restriction on any individual race or group, for making efforts to earn a living in anyway they like. All enjoy equal opportunities in the field of economics as to how they earn their living. Likewise, there is no distinction between people on the basis of their color, creed or race, which can create special rights giving anyone a monopoly of any particular means of production, consumption, exchange or distribution. All people enjoy an equal right to endeavor to get their share of the sustenance of God on earth. It is our duty to ensure that all its citizens enjoy equal opportunities and a fair chance to earn their livelihood.

This freedom of work and enterprise to make one's living is secure and guaranteed by us so long as these activities are within the law and do not involve any indecency or wrong doing. Whosoever strives to make a decent living through honest and hard work will find ample opportunities in this system; but a dishonest person or company will find it difficult, or rather impossible, to prosper in such a system. People who venture into activities involving fraud, dishonesty, unfair means, cheating, corruption, exploitation, smuggling, etc., will not gain anything but punishment.

 

 

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