Thursday, March 18, 2010

Seed of capitalism lies in interest based economic system: speakers

By Manzar Bilal, TwoCircles.net,



Patna: “Prodigality and greed lead to interest based economic system in which people do not only forget the respect of fellow human beings but also humiliate them. These systems are being promoted by capitalists” said Intezar Naeem, general secretary of Jamaat-e-Islami Hind.



He was speaking at a program on ‘Save the country from slavery and poverty’ in Patna. The program was part of JIH’s 10-day nationwide campaign ‘Anti-Capitalist Imperialism’ from 11th to 20th December 2009.





“JIH passed the massage to the government when Janata Dal was ruling at centre that Islamic banking system should be applied but it was rejected because it was not in the favor of capitalists who pay crores of rupees to politicians for their interest based businesses” he added.



“Once East India Company came to our country in the name of business and captured it. To free it the nation had to sacrifice innumerable lives. Once again colonial powers have intruded our country and are ruling our markets and business and enjoying all kinds of facilities while common people are living below poverty line. Therefore we should come forward to save our country” he added.



Speaking on the occasion, senior journalist Satya Shiv Raman said: “There are many companies who have established or are planning to establish Special Economic Zone (SEZ) which means that there Indian constitution will not be applied. On the contrary, they will be eligible to use their own law and regulation. It means our country is being partitioned in several pieces by capitalists and government is helping them.”



Giving an example of such SEZ to make his point, he said: “A South Korean company is going to make SEZ in Orissa with the amount of 52 thousands crore rupees. The company will get 60 crore ton irons according to agreement and it will pay Rs 24 per ton to the government while market rate of iron is Rs three thousand per ton. This is an example that how our wealth is being looted by capitalists with the help of government. Therefore, common people of the area are not ready to give their land though they have been tortured and harassed time to time by official criminals.”



Economist Arshad Ajmal said that the poor are not poor because of their works and mistake but system of the market makes them poor and beggars.



“This happens when some people plan to be rich at any cost. For that they use politicians to approve laws in favor of them” he said.



“Islam is only religion which emphasizes on interest-free economic system and adoption of simplicity in the life and prevention of greed. If these teachings are applied, capitalism will disappear and common people will get welfare in the lives” he added.



The program was held at Madarsa Shamshul Hoda in Patna. Several booklets highlighting different types of capitalism were also distributed among the audience.



It should be noted that the main purpose behind organizing this campaign is to make people aware that in capitalist system the capital is the focus and human beings and the ethical values are ignored which leads to cultural devastation, environmental crisis, imperialist military invasions and economic crisis.



It also aims to present Islamic teachings and guidelines as better alternative to the imperialist model of economy.



During campaign different kinds of seminars, symposiums, rallies, cultural programs, competitions, documentary shows, TV programs, exhibitions, family meetings and other activities are being conducted in several parts of the country.

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