The current economic crisis has demonstrated many things. Some of which are the instability of the Capitalist economic system, the level of control and impact on the world few corporations have, the fallacy of the idea of free market, amongst others. However, one issue that stood out in my mind is the cruel and inhumane nature of the Capitalist system.
Capitalism, especially in the U.S., promised people a better and more comfortable life than their parents. People are told that if they work hard and play by the rules, they will live comfortable and secure lives. As a matter of fact, this comfortable life has become what is referred to as The American Dream. Wikipedia describes The American Dream as “the phrase “Chasing the American Dream,” is a national ethos of the United States in which freedom includes a promise of prosperity and success.”
The current economic crisis has demonstrated that this dream is nothing but an illusion. Most people (even before the economic collapse) are financially worse off than their parents. Most people are in more debt than their parents had ever been in. Most seniors have to choose between buying food and medicine. Even if one can turn an eye away from this fact, one cannot but see how people’s lives have been devastated by the crisis. People have lost their jobs, homes, possessions, and even their dignity. It is a human disaster. Yet the system that talks the most about the value of the individual and human being, debates whether to extend unemployment which in itself is not enough to gurantee the basic needs of and individual let alone a family.
An inhumane system that cares nothing about the human affair is not worthy of running the lives of human beings. Where are we Muslims to present the Islamic system to mankind?!