Is there any real difference between the Capitalist and the Islamic economic system?
Both systems allow you to make money, but they are completely different in how money is accumulated and spent. The reasons for such great differences is the source and hence, the ultimate goal of each system. Capitalism is based on the concept that economics is that which examines man’s needs, which are unlimited and how to satisfy these unlimited needs. The system depends upon the separation of church and state or in other words, the separation of the Creator from life’s affairs. The concept of freedom plays a major role in the Capitalist ideology. Freedom is guaranteed by the state, therefore, man is totally free to satisfy his needs in any manner possible as long as he does not legally infringe on the freedom of others. One needs only to look onto the streets around us to see the devastating results of this form of system. It is because of the freedom of satisfying needs that the pornography and alcohol/drug industry are two of the biggest profit making businesses in the Capitalist
