Re: Economic Systems

 

Question:-

Is it not materialism and consumerism that are responsible for the widespread wastage of resources, pollution, ecological disruption, mass extinctions and climate change that is threatening mankind? Has Islam any solution to this problem?

Answer:-

The cause lies in (a) the increase in population as well as in (b) the increase in the demand per person and in (c) the way things have been organised. Much depends also on human ideas as well as their motives and actions. There are physical, social and psychological factors and these are inter-dependent. We have to go back further, to the causes of the materialism and this will uncover a great many other problems. Some of these causes began with the industrial revolution. This set up factories that required organisation which caused a distinction to arise between owners, managers and employees that are continuations of the more ancient master-slave division.

The present Economic system is based on a modified system of slavery - where the few control the many for the formers profit, often via a hierarchical or pyramid system in which fewer and fewer people have control the higher one goes.

A system compatible with Islam, which was set up in a pre-industrial system, but nevertheless has certain rules that are more appropriate and universally applicable for human welfare and development, would have been quite different. It requires personal responsibility, mutual consultation and prefers partnership. It abolishes slavery in all its forms.

But in order to appreciate the difference one needs to understand the consequences of the Economic system created in the West by accidental historical causes, but is now dominating the rest of the world. It has the following features:-

(1) The owners control the resources and finances, and therefore, the means of life which gives them power over other people who become relatively powerless and have little say in their own or collective affairs. A distinction also arises between supply, finance and demand and between manufacture, distribution and consumption, such that co-ordination between them fails.

(2) The owners are interested in profits. They extract this from the work of the employee. The quality or real usefulness of the goods to satisfy real needs is not a consideration unless it affects profits which it usually does not. An increasing gap arises between the rich and the poor, between over-indulgence and deprivation, obesity and starvation. For the rich each unit of money has less value than it has for the poor. Therefore, the rich can afford to waste resources while the poor suffer from lack.

(3) The employees can be discarded like useless goods, thrown out of work and their living, often en mass, when they cease to be profitable to the employer. In fact, in order to keep wages, and therefore, cost of production low and profits high, it is often necessary to have a pool of unemployed people who can be offered low wages. However, unemployment means that people cannot satisfy their needs and wants and do not have the money to buy things. This depresses demand which reduces prices and, therefore, profits of the employers. There is, therefore, a contradiction, and this creates difficulties in maintaining a balance.

(4) The employer also determines the number of hours people must work, how they work and their wages and salaries. This means that some people work and earn much more than they need, while others work and earn less than they. People cannot adjust their own work and earnings according to their needs or wants.

(5) It is true that sometimes workers can withdraw their labour in order to force the employers to increase their wages or improve their conditions of work. But they can only do this to the extend that their money runs out which is not very long. If they succeed then the cost of production goes up and this means that the employer compensates for loss of profit by increasing the cost of goods. This means that the cost of living goes up, wages buy less and its relative value goes down. The result is renewed attempts at increasing wages. There is a continuous inflation. If, however, the employer cannot compensate for decline in profit then his investment is withdrawn or transferred and production is reduced, causing loss of employment.

(6) Profits can be increased by changing the balance between income and expenditure, price and cost. This can be done by:- (a) decreasing cost per item produced by reducing the wages of workers, (b) making workers work harder for their money to produce more goods, (c) increasing efficiency of production through the use of organisation, standardisation, regimentation and mechanisation, thereby reducing the number of workers required, (d) increasing price per item (e) increasing the number of items sold and employing more workers, (f) the use of inferior cheaper materials, (g) expansion in the number of different things that can be manufactured. This gradually absorbs all aspects of life and puts pressure on the environment but also on people.

(7) Profits are increased by the mass manufacture of foods and their adulteration with chemicals, intensive farming with the use of fertilisers and insecticides, factory farming that mistreats animals by confining them in small spaces while using hormones to increase their bulk, mono-culture that destroys diversity and natural balances, the promoting of fast foods, vitamin supplements and all kinds of drugs. The result has been wide spread imbalance in diets, mal-nutrition, obesity and numerous malfunctions, behaviour disorders and diseases.

(8) Profits are increased by increasing the demand for goods by propaganda, biased advertisement, glamorisation and tempting shop displays, creating incentives to buy by offering various rewards, causing changes in fashion and design and by making less durable goods and built-in obsolescence. In general it has become easy to manufacture goods through mass production methods. There is pressure to sell things whether they are needed or not. A great proportion of what people possess is entirely useless.

(9) Time is money. Increase in wealth means the increase of profit per minute. There is, therefore, a pressure for the acceleration of the pace of life. This is further assisted by the increasing number and speed of the means of transport - cars, buses, aeroplanes - and the increasing bombardment of attention seeking stimuli pulling in different directions that come from advertisement through the media of communication - newspapers, magazines, radio, television, computers, letters and telephones. As capabilities and adaptability is limited, the result of these developments is increasing confusion and superficiality. Attention flits from one thing to another with there being time enough for deeper thought and comprehension. Immediate and instant satisfaction is sought.

(10) It is also possible to increase profits by usury, taking advantage of other people's misfortunes and disabilities, hoarding, creating scarcity, creating cartels and monopolies, manipulating the stock exchange, coercion, swindling, bribery of officials, causing laws to be passed that create patent rights or make compulsory charges for certain services, and all kinds of criminal activities. The system encourages immoral and unethical activities by allowing uncontrolled invention of complex schemes for money making without requiring equivalent benefits.

(11) The owner employers not only control the actions of the employee but also their thoughts and conscience. The control comes from the top which is remote from the base where all the work goes on. Though this puts pressure on people to perform better and more efficiently, it is also oppressive and unjust. A distinction also tends to arise between thinking, motivation and action, between intellectuals, motivators and manual workers, and between idealism, vitalism and materialism. There is often conflict and contradiction between these. Only the few are required to think intelligently and that in certain directions only, while the majority are not required to use their intelligence and their faculties at all. On the contrary, they are more controllable when they do not but waste them in trivialities and futilities, and often in self-harming ways that are also costly, though profitable to the controllers.

(12) Control by others leads to the suppression of the sense of responsibility, initiative and creativity of the majority and channels effort and psychological energy into narrower directions. Most people drift along without any sense of values, direction or control over their lives. As the organisation is pyramidal and there are fewer positions the higher one goes and these carry greater wealth, power and prestige, there is a struggle for promotion, a trampling over others in which the ambitious, ruthless and cunning tend to win. There is, therefore, a general deterioration of morality, of ethics, justice, compassion, truth, fellow feeling and social cohesion, and people with self-centred, arrogant psychopathic tendencies rise to the top.

(13) As profit requires work, there is a need for vigour and energy which favours youth and leads to the devaluation of the older citizens. This brings problems of employment and of pensions especially when birth control reduces the earning population. The young are also more easily manipulated and trained. In particular beautiful women are in demand by male employers or managers. This causes great expenditure on cosmetics, cosmetic surgery, and fashions in clothing, slimming and glamour magazines. Much is also spent on Jewellery which takes away the labour force from the essentials and increases their price.

(14) The pressure and stresses of work in modern systems creates the need for relaxation and pleasure as compensation. There is, therefore, great expenditure on modes of escapism in the form of alcohol and drugs, and on fantasies provided by films, music, methods, goods and places of entertainment. It also creates numerous physical and psychological problems that require expenditure on health services - medicine, doctors, nurses, hospitals and equipment. Though infectious diseases have fallen due to advances in medicine, organic, psychological and psychosomatic diseases have increased and these account for big proportion of national expenditure as well as losses in income.

(15) As the system requires productive work, defined as that which creates profit to the owners, it leads to the minimising of wages that leads to the need for women to leave the home and join the industrial work force. The increase in the work force so caused depressed wages even further. Women are required to give their services, obedience and loyalty to the employer rather than husbands and family. The spouses spend less time with each other and the family and there is greater indiscriminate mixing of the sexes in the work place and elsewhere. This causes greater sexual temptations, particularly as it requires less commitment. The result has been the collapse of the family. This not only deprives the new generation of an adequate environment for moral and psychological development but also increases the strains of life or decreases the possibility of relief from them. The attempt to compensate for this, increases the desire for goods, expensive entertainment, pleasure and the bill for drugs.

(16) We see therefore, that there is a vicious circle. The system creates the very causes that keep it going. The desire for goods and therefore, pressure on the planets resources, leads to a way of life that create needs which would not otherwise exist, or would exist to a much lesser extent. In fact, there are desires and urges that go beyond real need or evolutional value because they have become mere habits, addictions or obsessions created by social conditioning. There are also real needs and inherent drives that have been misinterpreted and therefore, produce no satisfaction. On the contrary, having been frustrated, they emerge with greater urgency but are misunderstood yet again, thereby causing an exhaustion of efforts and further malfunctions and disease.

(17) The economic system is now so large with its own momentum and self-sustaining mechanisms that it has become almost uncontrollable by human beings, but controls them instead in body, mind and soul. Hardly anyone is able to think, desire or do anything outside the parameters defined by the system.

(18) Human beings exist in interaction and inter-dependence with their environment, forming a single system. Mankind as the brain of the system has the natural responsibility for its welfare and is accountable for what he does. The Socio-economic system they have created has not only distorted their own nature by producing greed, materialism and consumerism in man, but has also affected the environment through the widespread wastage of resources, pollution, ecological disruption, mass extinctions and climate change. These malfunctions may be regarded as the punishment for human folly. But they should also be the stimulus for repentance and change.

The Communists understood some of the problems but attributed them to Capitalism. In fact, however, Capital refers to resources that are beyond those used for consumption and are therefore, available for investment in other things, and is, therefore essential to progress. Not realising this fact they not only promoted and increased the slavery but also ensured the stagnation that led to their collapse.

Under Communism, it is the State that provides the Capital, but no one has personal interest in its efficient employment. The Western system requires that there should be rich people so that they have enough surpluses to provide the Capital. This often comes through usury or gambling on the stock exchange. But Capital can be provided not just by Governments or the rich, but also by groups of people. In a system compatible with Islam, there would be no usury or gambling. The workers in the company would be the owners responsible for the investment. Others in the community could also invest in return for proportional profits. Companies could be interlinked in that members of each also have shares in the others.

It is not difficult to see that many of the environmental, social and psychological problems mankind faces today can be radically reduced if the system based on Islamic principles were to be adopted. However, this cannot be done in isolation. There also has to be a change in thought, values and motives. Things arise within the context of a whole system and it is the whole system that requires changing. This cannot be done by revolution (in a short time) because of the inertia of human adaptability. Revolution simply destroys and brings to power inexperienced people who have the same mental habits. It is, however, possible to do this gradually by conscious application of constant appropriate pressure.

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