#31
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The second link talks about the international law devised by Muslims in the 8th century and its influence on the future lawmakers of the world. Without answering my questions, it raises further issues. Is the international law devised in the 8th century (when the concept of nationhood, international organizations, treaties, and scores of other factors peculiar to the modern world did not exist) to be implemented in the 21st century? Quote:
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#32
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i began my argument by speaking of Islamic economic system. if you are calling it ethics that is up to you. think about it, you have assumed that the economy can't run without a bank. abolishing the interest rate is giving you the jitters or is it not? you are happy with the status quo and I am asking you to do something new. and even if there is no scarcity why would food be free? i.e. if there is scarcity. has all the land been cultivated now? has all the earth been mined? has the ocean bed been explored? have you mined the moon? has mars exploded? if i am self sealing my argument why did you come to tell me that? roza tou nahi lag gaya think about it again, what will happen if you abolish interest rate? do not stop at the first step. will it magically solve our problems? na. but with time it will |
#33
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which paras have you been reading? here are the two again. Thus came about this historical reality that a system of law devised by a private legislative council became the law of countries and empires on the strength of its merits and the moral prestige of those who framed it. It had also another important consequence in that it opened up for Muslim thinkers new lines for the codification of Islamic Law. The chief legal systems devised later may have differed from it in their methods of deduction and in their results, but they were all inspired by and based on this model. it is interesting to note that the Muslims as a people always kept legislation (and so also judiciary) separate from the executive. The develop¬ment of Muslim Law as deduced from the Qur'an and the Hadith has always been the work of private savants and jurists. Tradition has insisted that the State should not interfere with this work, much less monopolize it. It is the freedom of juristic judgment which creates conflicting opinions and alternative solutions, and these provide the coming generations with raw material for sound judgment. These conflicting opinions have given rise to different schools of jurisprudence; yet in one's comparative study of international law in Sunnite, Sh'i'ite, and Kharijite schools and their sub-schools one is agreeably surprised that, despite their water-tight divisions, there are practically no differences of vital significance. if a fake degree holder can sit in the parliament why can't a mulla who has read books for eight years? if the politician can be elected so can be the member of the council. or you can devise a competitive exam for them the legislative council can sit as third house of the parliament you wanted examples of a voluntary legislature, i gave you example of that above. what you think a legislature is anyways? as far as the two houses are concerned is it farz to have two houses, you can have one or three or four if you like. as for their election they can by voted I do not think Islam has anything to say against that. the problem with the modern democracy is that it is controlled by capitalists. whether it is a developing nation or a developed nation. you need to tweak it a bit to make it fair to everyone. i hope that answers your question if it does not, let me know again regards |
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#35
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Regards |
#36
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Here’s an example: Qur’an gives instructions about slavery. But we don’t have slavery anymore? Why? Changing needs. Women could not vote in the early history of Islam. Why should we not do that again? Changed needs. Qur’an does not say anything about the mutual relations of nations. What to do about that? In the same way, Qur’an does not say anything about the mechanism of electing the legislative. How to do that? And the list goes on. Did we have UNO, international treaties, war conventions in the time of the Prophet? No, so how do we deal with them? Again, changing needs. We are dependent for education, technology, economy, and scores of other factors on kafirs. How to manage these needs of changing times? And so on. Quote:
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#37
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You haven't answered what will be incentives to give loans when there is no interest rate and money is depreciating. Second, there is little growth in periods of high inflation and none during hyper inflation. In the long run things are going to get worse. Third, if the idea of zero interest rates had been as rosy and so amazing as you have pictured why come the rest of the world is not practicing it? And Americans which have been so experimental with their economy, why didn't they settle for it? Feds did push short-term interest rate to zero during the Great Recession of 2007. Did that help? Businesses weren't even willing to take that.
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He that increaseth knowledge increaseth sorrow (Ecclesiastes 1:18) |
#38
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1. have you heard of the Phillips curve? it is a negative relation between unemployment and inflation. i.e increase inflation and reduce unemployment. now these are the two ills you want to cure right? so what are you going to choose? in the long run (sorry unemployment comes back to its original level at a higher inflation! the solution is to reduce the long run unemployment level. how? by supply side economics: build schools and institutions, infrastructure etc. how are you going to do that? by investment? where will that investment come from? foreign loans or domestic loans? or are we going to wait for foreign countries to take pity on us? 2. Inflation is something you will have to live with. today the policy rate was announced at 10 % (or was it yesterday?). why? because inflation has been constant at 8.6%. now tell me why do we have inflation presently? is it right to have it or not? is it affecting the poor? the hell with the poor. aren't resources scarce? let them die. economics does not care as it is a positive science right? or does it care? 3. were there banks in the beginning? no. was the world working? yes. why do we have banking system now? changing needs you might say. efficiency of paper money you would say. was there inflation before banks were introduced? if yes give an example. if no then does it not mean that banks are a cause of inflation? |
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#39
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@ Gypsified Quran has injunctions about International Relations
http://www.ips.org.pk/faith-a-societ...-international i have also sent you a mial regards |
#40
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You're denying there isn't any scarcity! Well I must stop here. Once you come to realize there is, we can have this discussion again. There's a reason you're sticking to food examples because you couldn't think of any other. As far as your examples of American grains are concerned, if they are true they must be seen in the context and taken as an exception because they're an exception. And they didn't bust the fact that there is scarcity. Instead of blindly taking the word of Islamic economists, whoever they are, take your time to think about it.
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