If you look at your own quote you have actually answered your own objection.
I am not aware Quran restricting any business to any size. You might not like big sized business but that does not make it ant-Quranic.
I think you have not really understood capitalism properly: It is not there to make every rule for any given society and if a society does not like any particular effect of any business it can legislate against it-as you have pointed out in your quote.
Capitalism is laizze faire, absolute free market, anything that goes against this is against capitalism regardless of the fact that the society claims to be capitalistic or not, even America is not absolutely capitalist as is proven by corporate welfare while the workers are left to "compete in the free market" and sell their labor to survive, anyways I never said it made every rule for any given society and have not suggested that but of course it does for the economy if left to itself but often capitalist governments step in to protect the private property owners
Why should the domestic economies not be able to compete?
I am not sure what you mean by this. Are you against competition.
How do you think many big businesses originally started?
I dont know. was Bill Gates always a billionare?
Competition is left for righteousness (2:148), cooperation is for economy, competition in the economy may lead to efficiency but thats hardly an argument for moral credibility, murder, theft, lying, etc. can be efficient as well, competition in economics is cold hearted and doesnt think of those it hurts in its path, I guess it depends whether you look at economics through a human perspective or not
Btw based on your statement you have no knowledge of the subject I'm speaking of, domestic economies of developing nations are very weak
Why it does it have to be in the hands of few. Capitalism does not restrict any one from being involved in production.
Where did I say anything about being INVOLVED in production? The only way capitalists are INVOLVED in production is that they own the means of production. You obviously have no idea about any of this. It does restrict who can own the means of production and who can't. Workers cannot own the means of production.
Btw you really know little about capitalism so you can't really say capitalism does this and this. You are arguing an economic theory with no basis actually.
Are you seriously suggesting hiring workers is anti-Quranic otherwise I dont really understnad your point.
The CEO-worker relationship is against God's system but I haven't even gotten to that really, sorry to even question such an ingrained belief but many have a problem letting this go
I am afraid you have shown no such thing. You have just written a slogan.
They obtained profit off the labor of others which they would not have otherwise attained due to the fact they did not contribute productive labor, I have already shown this but had it ignored
Are you suggesting it is wrong to make a profit?
No, profit can be made without an employer, for example, if the complete money made from total worker productivity is divided among the workers with compensation on the work of an individual, some or all individual workers may end up with surplus to their basic needs, a profit
If a shopkeeper buys an onion for 1 rupee and sells it for 2 is he wrong. Acoording to your logic, he is, otherwise how is that onion now worth the extra 1 rupee.
You say in trade, a shopkeeper takes from the purchaser more than he had spent, similarly in usury the one who uses his capital for loaning, receives more than his principal amount. This is a lame excuse. In trade a man spends his capital and in addition to it he puts in labour. Thus anything surplus that he takes is not a profit on the capital, rather it is a return for his labour, and this is exactly the right way. On the contrary in usury where no labour is put in, it is only a surplus gain on money loaned by him, this is unlawful. (Remember the principle in this respect, that it is only the return of labour that is right (53:39) but to gain profit on other people's labour simply by investing capital alone, is unlawful. This is what is called 'Riba' (or interest).
Those who consume riba, they do not rise except as the one who is being beaten by the rebellious out of direct touch. That is because they have said: ?Trade is like riba.? While The God has made trade lawful, and He has forbidden riba.
Whoever has received understanding from His Lord and ceases, then he will be protecting for what was before this and his case will be with The God. But whoever returns, then they are the people of the Fire, in it they will abide eternally. (2:275)
Working for someone is not exploitation. I work for a very large instituion (yes I think I should be paid more-most people do even the self employed) but I dont consider my self exploited.
Ok, exploitation is not based on ones' perception, there were still Jews that went to the gas chamber not believing their government would do such a thing (extreme example but same basic principle)
I think you have to be clear what you mean by exploitation.
I understand the person to whom the Quran was revealed did work for a businesswoman. Was he being exploited?
You and I have no real knowledge of this, but in history (hadith) Muhammed was a trader himself, but only in the corrupt Arab system, hardly an example for us all
Would be good if God took over the means of production.
Wow, God has to take over the land? As far as I know God created the land and owns it, not sure what you believe, not sure if you even know what the means of production are
So let me see in Gods system according to you:
There would be no big business. You now just need to define what you mean by big.
I never mentioned big business, you did, why do I need to define everything? Why can't you define it considering you brought it up?
But big to me would be a monopoly or a business so vast in its area that it shuts out competition or provides little room for competing businesses, nothing wrong with a "capitalist" society making this illegal, in an egalitarian society its unthinkable
No one will be allowed to employ anyone-as that consitutes exploitation.
If the employer is not contributing productive labor himself and making above what he has contributed it is (taking from the labor of others) but this is for my next post
No one be able to make any profit.
No one is allowed to have any excess-we now need a define what excess is.
They can make an excess (profit), but must give it up, 2:219, I've already defined my view on excess, read back a couple replies
55:8 So that you, too, never violate balance in your lives.
55:9 Therefore, establish Balance in the society in absolute justice. And never belittle the Scale of Justice in the community and in all your transactions with your own ?Self? and with others.
55:10 And (know that) the earth He has spread out for all His creatures. ('Anam' = All living beings).
41:10 And He it is Who placed therein firm mountains towering above it, and bestowed enduring Bliss upon it. And He measured therein its sustenance in Four Seasons, alike for all who (invariably) need it. (39:67, 56:63-73).
56:63 Have you thought of the crops that you cultivate?
56:64 Is it you who grow it or are We the Grower?
56:65 If We willed, We surely could turn it into chaff, then you would be left to exclaim,
56:66 ?Behold, we are now under debt.
56:67 Nay, but we are deprived!?
56:68 Have you thought of the water you drink?
56:69 Do you bring it down from the rain-cloud or do We?
56:70 If We willed, We surely could make it salty. Why, then, do you not show gratitude? (By devising an equitable system of provision for all).
56:71 Did you consider the fire you strike out?
56:72 Is it you who grow the tree as its fuel, or do We grow it? (41:10).
56:73 We, yes, We have made this (fire) a reminder, and a gift for all of you who surely need it. (The use of fire is one of the Divine gifts that distinguishes mankind from the Animal Kingdom).
7:73 The people of Thamud were successors to Aad. To them We sent their brother, Saleh. He said, ?O My people! Serve Allah. You have no other god but He. The Clear Truth has come to you from your Lord. This is the she-camel of Allah, a token for your obedience. So let her feed in Allah?s earth and do not harm her lest painful torment seize you.? (Their feudal lords controlled land, crop, oases and water resources, and the weak were suffering. Saleh assigned a she-camel as a symbol of their reformation).
7:74 Saleh said, ?Remember how He made you inherit the land after Aad and established you therein. You build castles in the valleys and carve out homes in the mountains. So, remember Allah?s bounties and do not spread corruption in the land.?
7:75 Their leaders said to the believers, "How do you know that Saleh is sent from his Lord?" They responded, "We believe in the Message he has brought.? (The bringer of such Sublime Message cannot be a liar).
7:76 (The arrogant leaders and the feudal lords could see their vested interests getting hit, so they decided to reject the Divine Message.) The arrogant ones said to the believers, ?We reject what you believe in.?
7:77 They killed the she-camel, rebelled against their Lord?s Command and challenged, ?O? Saleh! Bring the doom you threaten us with, if you are really a Messenger.?
11:64 (The feudal lords had been depriving the poor of using the land and its natural resources of water and vegetation.) Saleh said, ?O My people! This she-camel belonging to Allah shall be a token for you. So leave her alone to graze in the land belonging to Allah. Do her no harm, lest speedy punishment befall you (91:13).? (This verse along with 55:10 pronounces one of the most revolutionary concepts of the Qur?an. The land, the earth is owned by none but Allah and must be open for all His creation as a means of sustenance. Hence, all landlord-ship is contrary to the Divine Ordinance. In the Divine System, the Central Authority will see to it that any piece of land will be for those who toil in it and give Allah His Right, the poor-due 6:141).
? The earth and all its resources belong to Allah. It is such an obvious fact that no one can deny it (6:12, 10:31, 29:61 &63, 31:25, 34:24, 39:10 &38, 43:9).
? Allah is the inheritor of the earth (19:40).
? The earth has been created for the benefit of all (55:10).
? It has been created to provide nourishment for all (56:73).
? To Him belongs all that is in heavens and the earth, ?La hu ma fissamawati fil ardh? (2:116, 2:255, 4:171, 5:40, 14:2, 16:52, 20:6, 22:64).
? ?Lillahi ma fissamawati fil ardh? (2:284, 3:109, 3:129, 4:131,132, 5:40, 10:55, 10:67, 14:2, 16:52, 20:6, 21:19, 34:1, 42:4, 42:53, 53:21).
? ?Lillahi miraathus samaawaatti wal ardh? (3:180).
I cannot see anything in the above verses that restricts business size, is against profit, against employing anyone.
There is nothing in the above verses which is against capitalism.
Wow, all I have to say is, wow
First look at the top of the post to see what this whole post was about, look very hard at the definition of means of production, read the post over very carefully, read the definition of means of production again and what I have said about it, then look at the verses