The Economic System of Islam

by Hazrat Mirza Bashir-ud-Din Mahmud Ahmad

Page 115 of 161

The Economic System of Islam — Page 115

115 Switzerland to compete with British firms, simply because the competition was between firms rather than countries. To put it differently, the British army can be expected to prevail over (say) Belgium in a confrontation, but every individual British soldier may not be able to overcome every Belgian soldier. Private capitalism does have its dangers, but it does leave the weak some breathing space. However, when pitted against State Capitalism, the weaker and smaller economies have little chance of survival. This is analogous to an army equipped only with clubs having to take on an army equipped with machine guns. But State Capitalism —under which the entire economic and political might of one country is pitted against individual traders and manufacturers of another country—threatens to destroy the world economic order. In short, Russian Communism has raised the prospect of a very dangerous form of Capitalism, and there are only two ways to deal with that threat: 1. One possibility is that the entire world adopts the same economic system and becomes a part of the Soviet Union, thereby ending the competition between unequal. Is there any possibility that such a development will take place? Would Great Britain, America and France be prepared to join the Soviet Union so that they could escape the on- slaught of Russian competition? Even if that were conceiv- able, would this ensure that they would gain rights and privileges similar to those enjoyed by Russians themselves? Since that is unlikely, this really is no solution.