Wednesday, November 20, 2013

Freedom of ownership: the freedom to oppress, persecute and enslave

We are living in the era of industrial feudalism. Large capitalist corporations own and control almost everything on which the society depends. Building blocks of economy like oil, gas, electricity, sources of industrial raw materials and metal ores as well as human intellect are privately owned by large capitalist corporations.
What good can we expect when such basic things are monopolized in a few hands? This freedom of the capitalist to own whatever suits his profiteering transforms bulk of the society into a peasant worker class.
Islam does not allow this freedom to enslave the whole society. The Messenger of Allah (S.A.W) provided comprehensive guidance about who can own what. Sharia rules of ownership protected Islamic society against feudalism for more than ten centuries, until European powers colonized and enslaved Muslim ummah into the clutches of both agrarian and industrial feudalism.