slavery is when you are forced against your will to work or serve someone for no compensation. when a couple of a woman or a man buys a house he/she willingly trades their money for the house. They know that they won't be able to pay off the house right away but they voluntarily step into the credit cycle because the added interest + the principle is less than their expected marginal benefit (i.e., enjoying the house). There's no slavery when the market is free and people choose what to buy or not buy.
Burdening One with more than he/she is able to bear.... a condition of hard work is also defined as Slavery... Some form of work or production in which the person constitutes the Principal work force while the other just sits and does nothing, and lives off your sweat is Unjust!
That is Why Leo Tolstoy a Russian writer, said about Banking (Which is the base on which Capitalism stands)... “Money is a new form of slavery, and distinguishable from the old simply by the fact that it is impersonal – that there is no human relation between master and slave.”
If one person (Banker) just signs a paper and holds on to your precious things as collateral, and are able to seize it any moment if you were to loose a job or not able to make payments for the mortgaged house due to any reasons, and for that you have to work, NOT only to pay the principal amount but hefty Interest on top of it, while the person who signs just sits and does NOTHING!.... thats Exploitation! i don't know what is your definition of exploitation but that certainly is Unjust!
The addiction to accumulate wealth by the banking system, is whats leading the banking industry cross limits, in which the Profit Oriented minds that they have, they forget to think for any one , rather they think for no one but themselves.... it is the Hefty Interest amounts which they see and nothing Else!
Neither are they able to give you time, and also the law helps them not only in seizing the collateral and bringing you on the street, but also they might take you to court... that is just Unjust... and top of that your wife might have to get out of the house to work and help you pay for it... is crazy...may be it hasnt happened to you or your just fine with it, because every one has just accepted such way of life...
Well in that case lets see what Islam tells us in regards to dealing with Loans and how to deal with such people if they are NOT able to pay....and these Verses Particularly talk about Interest (Riba)
and its evils...
.......Deal not unjustly and you shall not be dealt with unjustly. And if the debtor is in difficulty, grant him time until it is easy for him to repay. But if you remit it (i.e., if you write off the debt) by way of charity, that will be best for you, if you only knew.....
grant him time, DONT take him to court and humiliate him! and if his wife needs to leave the house while his little daughter wants to be with the mother and you not writing it off to take the burden off from the family, just because of your greed, then may be US EU courts might not take you to task, but God will one day!
They know that they won't be able to pay off the house right away but they voluntarily step into the credit cycle because the added interest + the principle is less than their expected marginal benefit (i.e., enjoying the house).
The Essence of Interest based banking System is Greed! It is to take and take and give nothing! The Usage of the House , in which you have a room and a roof, you sleep under, is not beneficial! Rather you are paying your Life for peanuts! With Maintenance that you take care yourself and if major maintenance comes up, then your stuck! The House and everything in it and with it doesn't come for free!
yes you're right capitalism is the most successful economic model ever. it skyrocketed productivity which skyrocketed living standards. capitalism is great.
The Global Warming which is taking place and is affecting our environment and is causing Ice to melt, hurricanes, cyclones and other disasters which are taking place, is also because of Massive Production due to Capitalism in Industrialization
.... giving man kind more than they need and making them buy, just because they have a free amount of Credit, is leading towards more problems for environment and individuals... so if i don't have the money, rather i save and buy the thing when i have the money, i go max my credit card! This is not progress, this is Materialism... which inturn causes Jealousy, show off, greed etc...
the first part of what you say requires citations from sociological studies. the part about women being weaker and therefore should not work is a bit weird; what type of strength do women need to work? they aren't lifting weights at work...women seem to do just fine. maybe you should make more women friends?!
i don't know what you're talking about. parents who work can raise their kids just fine.
Lets see what is the Problem with Mothers going outside the House to work and leaving their Children with either Day Cares or Baby Sitters and that also IF they can afford...
President Clinton in April, 1997 made Collin Powell as Chairman of President's Summit for America's Future... their Task was to solve the Problem of 15 Million Young Americans considered at-Risk Youth!
"They are at risk of growing unskilled, unlearned or , even worse, UNLOVED! The problem has the Potential to Explode our Society."
What was the reason ?
Most of them come from Dysfunctional families and fall victims to the "pathologies and poisons of the Street." Half a million attempt suicide,. A lot of them drop out of high School and will be functionally illiterate in a country with free universal education. Powell suggested to find mentors - adult mentors who would take care of their Children. But what happened to their Parents ? Have they all died ? Have they gone missing ? so whats the reason ? Mothers i.e the Homemaker
went outside the house to work, men and women mixed at work place, one thing led to another, and the Home was destroyed!
The adult mentors who are going to be selected for to take care, have to leave their own Houses to take care of other Children. While looking at the whole Problem the American leader ship still did NOT admit that root of the Problem lies in making women go out of their Homes to work!
This is the problem with Modern Western Civilization, they are using their own brain, which is not well equipped, to understand what is Right and what is Wrong!
For that we need Divine Guidance, and therefore Divine Guidance is Perfect...
And so Prophet Muhammad (Saw) said... "Every one of you is in charge and every one will be accountable for those given in his charge....The man is in charge of the household and the woman is in charge of the home of her Husband and his children." (Bukhari Hadith 4801)
, i agree no woman should be forced to work and thankfully in the capitalist economies no woman is forced to work. its her choice to live in whatever conditions she wants to live.
The Economic Recession taking Place, in Capitalistic Economies are forcing Women in the Western World to get in to Immoral Way of earning their Living just because they have maxed their Credit Cards out, taken loans from the Greedy Capitalistic Banking System and are now looking for other ways of making money!
More Women going From Jobless to Topless
In this economy, “desperate measures are becoming far more acceptable,” said Jonathan Alpert, a New York City-based psychotherapist
who’s had clients who worked in adult entertainment.
And NOT to forget that Capitalism , IMF and World Bank, give out loans in Millions to Middle Eastern and African Countries nowing that their Governments are corrupt and then charge Principal PLUS Interest which amount to Billions in Dollars, which becomes almost Impossible for the Countries with lower Value Currency like Pakistan, Bangladesh, etc to be able to pay back ... thus taking over their natural Resources and the Countries own people are left in Poverty .. forcing many Women to go to prostitution as well....
You need to understand the reality...