by ConcernedConsumer » Sat 19 Jan 2008, 02:23:28
$this->bbcode_second_pass_quote('seldom_seen', 'I')f I'm not mistaken, all the major religions warn of the perils of usury, and outright discourage it or forbid it.
That doesn't really mean anything though.
Islamic countries like SA and the gulf emirates are large shareholders in the US banking system and all its glorious usurious profits.
The outlaw of usury under sharia law is a good thing I think. Sharia law though has way too much barbaric stone age baggage to ever become a viable alternative to the dominant paradigm.
The only way it is ever implemented is beating down any resistance, cutting their heads off, beating them to a pulp, raping their women, shooting their dogs and forcing them to bow to mecca and obey sharia law or else.
The only country in the world thats governed by Sharia law today is Iran I believe. There are however few states and organizations including SA, Al Qaida, or other hardline sunni organizations like Hezb Ul Tahrir or Sunni states like Somalia that also claim to be guided by the same law.
I picked Iran because it has the most independent (of direct foreign influence) govt thats in turn enjoys much higher percentages of legitimacy among its citizens compared to the rest. Women, for example. enjoy very little rights almost all over the Islamic world; including my homeland Afghanistan that has the same language, culture, history, traditions, literature etc with Iran but different governing systems. In Iran women make for a good percentage of the elite, from academia to politics and every other aspect of their society. Its a joy to listen to those wonderful women- be it the first muslim woman that received the nobel peace prize and human rights activist
Shirin Ebadi or
Masoumeh Ebtekari an activist who went on to become Iran's first female VP . And both under the current Iranian regime and Sharia.
Usury is considered as bad as pork or alcohol in Islam. Those who do it try hard to hide it from others if they have any desire for acceptance. I dont know exactly about Iran's banking system, but if they have any part in usury then the Ayatollahs must have come up with some very convincing reasoning otherwise it would have lost its legitimacy like the rest, both Inside and outside, and in resorting to guns or American protection for their existence. These guys are not seen as politicians among the citizenry but as scholars. Legitimacy is everything to them.
Majority in the Muslim world see Saudi Arabia as the gas station of the western economy. Its part of the economy and controlled by it. Like Europe or Japan or S Korea and other US occupied areas of the world its managed by the US or at least aligned to its interests. Hence the source of the sort of stone age actions that are bombarded through mass media and creating a rather unfavorable view of Sharia law.
Usury is harmful indeed. Hell it turned almost 80% of the world into third world and condemned it to the horrors of the third world- brutality and barbarism.
Life & Debt shows very clearly how it cripples societies.