Economics in Islam: Fa'eda and Reba.

[proseros]

Disclaimer:

This thread has NOT been posted in order to enter competetive discussions between comparative religons, cultural assets or political ethic [though this last still only my opinion, that political arguments are in a circle]. The subject of Fa'eda and Reba is directly related to Economics and has nothing to do with any such indescriptive items such as 'faith' or 'belief'. It is referenced as just that-refrence. If you 'believe' in anything conspicuous to the "greater good" of humanity, that is enough for you to gain something of value from watching this series of videos, at least the first two or three.

Nor this is not to say that we should all become Muslim-far be it for the sake of the souls of any of us accordingly regardless of such a consideration-and that too is a shame, since not inclusive of [/i]all[/i] who are either capable and willing-I only wish to explain that we should consider a similarly fair system of economics as it exists in this particular way of life in this particular culturalization,for the very most part a system which as far as most of us are familiar, does not exist.

To watch video go here (http://video.google.com/videoplay?docid=-8950189243892387587&q=usury+in+Islam&ei=y9N3SPvPFJHk4AKr_bmlCw).

If not able to watch video you may read here (http://www.submission.org/islam/usury.html).

And finally- in contrast to all of this, go here (http://www.youtube.com/watch?v=vVkFb26u9g8&feature=related).

Peace.

[FalconAngel]

The problem with all of that is this one simple fact;

Theocracies, no matter the religion in charge, almost always fail to develop the technologies that advance both intellectual and scientific interests that directly affect economies.
Failure of science and intellectual pursuits adversely affects economic growth.

History has proven that. Prime example. During the crusades, the nations of Islam had the best technology and science that was available at the time. Because of their religious beliefs, they did nothing with the knowledge until the late 19th century.
During that time, in Europe, the theocratic rule of all of the Christian nations prevented scientific and technological advancement until the renaissance.
When the renaissance happened, not only did scientific and technological advancement begin, but so did economic growth in the countries that took the most advantage of those emerging technologies and sciences. People began, slowly, to develop levels of wealth that their parents and grandparents could only dream of.

Now take a look at the nations that have followed, or tried to follow, secular paths; embracing science and technological advancement. Compare them to theocratic nations.

Which countries have the most poverty? Theocracies.

Which countries have the worst medical facilities? Theocracies

Which countries have the least effective and/or most overburdened, public transportation systems? Theocracies.

Which countries have the most manufacturing capabilities? Secular/secular leaning nations.

Which countries have the most scientific advancement? Secular/secular leaning nations.

Which countries have the lowest incidents of sectarian violence? Secular/secular leaning nations.

Think about those comparisons. Check my facts in any history book that covers those periods and the economies of the day.