If you listen carefully he includes himself in amongst the Coca-cola Muslims so no high horse here. Also the Muslim position against consumerism is not about the wealth or profit, but rather the attachment to it and treatment of it as a taghut. A means to happiness, when it is only a temporary solution, with side effects. So we can be capitalistic so long as we are using what we need and being philanthropic with the rest. If we use more than our needs that is of no harm as long as we do not become attached. The Muslim consumerism in the times mentioned above Mughals, Ottomans and Abbasids were a mixture of some Western influence and was mostly in the elite, with modern technology you see a wider problem. The poorest of homes in Pak have TVs for example.