Re: Hinduism 101: A crash course in the ancient faith
armughal writes: "the extent to which Islam has described laws of economics, I am sure no other book yet exists, based on any economic system, that explains things so well and good....
plz show us how exactly has Islamic economy been declared as a failure by u...."
If you missed my point about the cost of capital argument and creation of new markets by evelopment of new instruments that create wealth and cannot be done under the islamic financial paradigm, then I can't help you any further.
Let me put it to you in real world terms... In the next fifty years 50-75 of global GDP will be from Financial services, that means, humans will be directly producing less but will primarily become traders of derivatives of goods created. the underlying premise under such model is the future value of the intrument via speculation, that value cannot be garnered under an islamic system because of it's limitations on such trading such instruments. Therefore the system is an abject failure.
No on to how it limits innovation: Stem cell research... tell me if it is anti-islam. Then try things like cloning, cross cultural and religious interactions in a globalized society when discussing concepts of tolerance.
Re: Hinduism 101: A crash course in the ancient faith
perhaps, but these rulings are obviously completely outdated and irrelevant in today’s society - hence their comprehensive non-usage throughout the muslim world.
similarly, hinduism has its counterpart to the Shariah system, which is detailed in the Code of Manu, ranging from economic and governmental policy to societal structure, common law, etc…the difference is that hindus largely accept this as out of date, and as a result, the Code of Manu’s canon carries very little authority amongst hindus of today.
the difference is that the muslim mentality places everything within the context of “Islam is perfect”, and therefore the rejection of inferior systems of government/economy/etc. is not tolerated, despite the obvious truth. of course, it is wholly rejected in practice (as evidenced by the state of all muslim nations), but the admission of inferiority and irrelevance to the current state of affairs remains unpopular. they all follow “kuffar” systems, yet refuse to actually admit that these kuffar systems that are consistently updated and improved are actually better than a system best-suited for 7th century Arabia. why is that? all these hardcore muslims quickly call it “selling out to the kuffar”, without actually considering the possiblity that the kuffar are better at certain things. actions speak louder than words. and i don’t see how it’s any great bragging point…it only indicates naivete and denial.
Re: Hinduism 101: A crash course in the ancient faith
btw a small digression from the topic.. it is very pleasing to see people discussing a religious topic seriously w/o indulging in needless sledging.. kudos to all involved in the discussion for carrying it out in a mature manner.. may this be the prevailing spirit in GS for all time to come - TOUCHWOOD :D
Re: Hinduism 101: A crash course in the ancient faith
nikhil so you accept hinduism has no economic system great that is all i wanted to know because i was getting confused people was claiming it does have a comprehensive economic system that man can implement in todays climate.
I not here to attack hinduism but if people claiming it is comprehensive system then they have to back it up. Hinduism is just a spiritual belief that is all, it has no system by which man can live their life on earth because it only deals with spirtual aspect not the political aspect.
Re: Hinduism 101: A crash course in the ancient faith
um, no. what i said was the economic system discussed in hindu scriptures is not in practice anymore, as it was intended for ancient india and is currently out of date… just like Shariah law is completely out of date and not appropriate for today’s climate. of course i could say the Code of Manu can be implemented today, but there are superior systems currently in place. like i said, i don’t see how having an ancient law system that is not practiced by anybody and not fit for the modern world is a bragging point.
that depends on what you categorize as “hindu canon”. depending on the inclusion/exclusion of various scriptures, the “political aspect” is either present or not present. but my question is…why must a religion include such details, especially on issues and policies that are evolving and improving constantly? governmental and economic policy of the most successful nations in the world are separated from religion entirely. those nations that have tried to include it are all languishing at the bottom of the heap.
Re: Hinduism 101: A crash course in the ancient faith
Nikhil, do you understand the question?
What are the economic and political concepts of Hindu religion? Kindly explain!
No one is asking if they are relevant or not.
Re: Hinduism 101: A crash course in the ancient faith
let us talk about future how religen can solve water problem
Water
By 2015 nearly half the world’s population—more than 3 billion people—will live in countries that are “water-stressed”—have less than 1,700 cubic meters of water per capita per year—mostly in Africa, the Middle East, South Asia, and northern China.
In the developing world, 80 percent of water usage goes into agriculture, a proportion that is not sustainable; and in 2015 a number of developing countries will be unable to maintain their levels of irrigated agriculture. Overpumping of groundwater in many of the world’s important grain-growing regions will be an increasing problem; about 1,000 tons of water are needed to produce a ton of grain.
The water table under some of the major grain-producing areas in northern China is falling at a rate of five feet per year, and water tables throughout India are falling an average of 3-10 feet per year.
Developing Countries Challenged to Provide Infrastructure
Re: Hinduism 101: A crash course in the ancient faith
Well how ever you are trying to say it, Hindusim does not have an economic system it cannot fulfill answers to basic economic questions needed by the average man today that ends that issue.
As for bragging it is nothing to do with bragging it is fact. Islam has a complete system of life which other system has that?
Re: Hinduism 101: A crash course in the ancient faith
Rvkiz
The amount of water is more than enough for the world population, unfortunatly in a world dominated by capitalism you will have the usual suspects buliding dams and stealing the water and depriving the less fortunate of basic essentials like water.
It is question of distribution if distribution is done well no one can complain as you can see in todays examples some people have fur coats and ferraris and others starve to death because they have no food this the nature of capitalism it cannot fulfill everymans needs.
Re: Hinduism 101: A crash course in the ancient faith
The bottom line is that if God thinks he knows about finance and economics more than humans..than he needs to study harder. “interest is haram”..“credit derivatives” are haram… PIPE investments holding long" are haram..according to God. God will lead humans back to the 7th century with this stupidity. The final answer is that whether Hindu God or Muslim god, he has given a brain to humans to develop their own governance and their own economic paradigms..he should stick to his own core competency i.e. life and death and hire a financial advisor to manage his portfolio because he is gonna be answering to humans in bankruptcy court.
ak, i have just proven to you that Islam (supposed god’s system re: economics) is a failure. DO you want to rebut my points or gonna be an ostrich?
Re: Hinduism 101: A crash course in the ancient faith
can someone be really this dumb? these guys keep looking for short cuts answers from a religion. It is probably this very same attitude that has caused their current failures economically socially politically and ethically!
Look ak47, stop parroting the same question again and again looking for someone to give you an answer that is aggreeable to you! Try reading what we’re telling you in response even if it is not what you were expecting.
Hinduism respects you as an individual and lets you sort things out and find your own answers. If you want books there thousands of them, many much older than Quran and Bible but you will find that almost all of them deal with methods and not answers.
So if you are looking for an economic system - you will find guidelines and principles of how to create one that suits your circumstances but it’s not going to tell you ‘do this and that’. If they gave you such speific prescriptions, them Hinduism will also suffer the same irrelevance that you find in prescriptive tenets of islam - such as interests & derivatives!
But the bigger point is if you want to learn about Hinduism, perhaps being a bit more open to all facets of it rather than just getting stuck on one question might help
Re: Hinduism 101: A crash course in the ancient faith
ok atlantis since you think everyone is dumb and you are so clever give us the answer to the question is hinduism capable of giving complete system to mankind yes or no?
If its yes than answer the economic questions which i posed several threads ago because most people have economic situations they need to deal with, if you cannot answer then dont waste my time.
Re: Hinduism 101: A crash course in the ancient faith
I’ll say it one more time ak47 - NO NO NO - Hindusim is not going to give you any system for economics or for beating the casino in poker. You have to use your own brain for your advancement. It is called karma - you reap what YOU sow.
What does that mean? you don’t get to blame Allah or Quron or hadith this or hadith that and getting away from barbaric acts of chauvinism!
can someone be really this dumb? these guys keep looking for short cuts answers from a religion. It is probably this very same attitude that has caused their current failures economically socially politically and ethically!