DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - What is wrong with Capitalism? is Capitalism haram?

**Stasher11** · 04-10-2010, 09:19 PM

capitalism involves making as much money as you want
and making your prices so low that small businesses can barely thrive

you are hurting other markets for your own gain

is that wrong?

I am CEO/President of my own company that i started at age 23. I now have 23 feild employees 2 secretarys and 3 office managers, one of them a good friend of mine and Muslim named Mohammed. We make a good amount of profit. I think some need to understand that we don't drive prices low to kill other competitors, in fact I am friends with 90% of my competitors, BUT we are still competing for the same work. If you drive your prices down too much you will have to do twice the work for half the money......trust me, no one wants to do that. The goal is higher prices, with halfthe work and providing quality, not just quantity. I spend a fortune training my employees to be the best, and they are. My company tithes (gives money to the church) and My company (or I) payed for Mohammed to go on Hajj in 2009. Hajj is expensive!

It is wrong if your only goal is to undermine or underbid all your competition just to hurt them and put them out of business, but usually the ones going under are the ones trying to do this. Sort of like when some crazy dude comes on the forums blasting Islam....he will get DELETED real quick!

Plus.....I'm an Italian from NY City.....You had better be carefull about messin wit my business if you know whats good for your health!....just messin.lol......a little

04-10-2010, 09:19 PM	#6
Stasher11 Join Date Oct 2005 Posts 505 Senior Member	capitalism involves making as much money as you want and making your prices so low that small businesses can barely thrive you are hurting other markets for your own gain is that wrong? I am CEO/President of my own company that i started at age 23. I now have 23 feild employees 2 secretarys and 3 office managers, one of them a good friend of mine and Muslim named Mohammed. We make a good amount of profit. I think some need to understand that we don't drive prices low to kill other competitors, in fact I am friends with 90% of my competitors, BUT we are still competing for the same work. If you drive your prices down too much you will have to do twice the work for half the money......trust me, no one wants to do that. The goal is higher prices, with halfthe work and providing quality, not just quantity. I spend a fortune training my employees to be the best, and they are. My company tithes (gives money to the church) and My company (or I) payed for Mohammed to go on Hajj in 2009. Hajj is expensive! It is wrong if your only goal is to undermine or underbid all your competition just to hurt them and put them out of business, but usually the ones going under are the ones trying to do this. Sort of like when some crazy dude comes on the forums blasting Islam....he will get DELETED real quick! Plus.....I'm an Italian from NY City.....You had better be carefull about messin wit my business if you know whats good for your health!....just messin.lol......a little
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