@vikorr,
Quote:But at the heart of your logic, you essentially implied that each religion could be wrong if God didn't provide guidance through that religion (because in order for God to be just he would have to provide guidance). I pointed out that God has already provided guidance, and not through religion, because within ourselves is sufficient guidance, if we so choose pay attention to such, to be the best we are capable of being, particularly as relates to living a principled life.. In essence, using your logic, this means that each religion could be wrong.
If everyone is guided by their own intelligence then why we have so many different views. There are people who believe in God and yet there are those who don't. There are people who believe to take any extreme measure to survive such as killing, stealing etc. and yet there are those who believe that people who commit such crimes shall be punished. While they all can claim that their intelligence has guided them to believe in what they are doing is right. Do we have right to punish people then?
If we agree that we should, then there is a question of how we punish them? Who shall make the law and who shall judge them? Does a judge who is a women and recently divorced will have no biases when she judges any divorce related cases? Does a black judge whose entire family is killed by white extremist will have no discrimination against white people when judging them? Will people in power be judged fairly? Can a president have an influence on the outcome of any investigation against him/her if he/she is still a president?
There are so many examples around us which tell that our intelligence is not enough. Yes I agree that our intelligence and consciousness are tools to identify God. Yes I also agree that our intelligence and consciousness can be tools to differentiate between good and evil but only if we have a baseline definition of what is good and what is evil. And this only comes from someone who knows the nature of human beings and have no bias for anyone based on their gender, color, race and ethnicity etc.
I previously gave you example that why we agree to certain rules and regulations in a society even when we can't agree with them as an individual. This is to keep peace and harmony in the society and make sure there is a certain baseline which everyone is aware of and follows. Still we see that these rules are not the same for everyone. People in power are treated differently than common people.
Now let's focus on intelligence part. Is our intelligence enough for us to learn worldly matters at our own? If someone wants to be a doctor, can he/she be a doctor at her own? He/she will not only have to read books written by other human beings but will also need to the help from his/her teachers in a medical school to acquire the right knowledge before he/she starts practicing. What we see here is that, intelligence alone is not enough.
Before you say this example is relevant, think again. The social sciences are very different from the physical sciences. There are no labs in which humans can be entered to determine what may be the best results under different scenarios (and even that would have to assume that humans will always react the same under the same circumstances). God knows His creation better than anyone else and God knows what is best for them on an individual basis and on social basis. For that reason God did reveal laws in human history. Read the OT which is full of Divine laws and these laws cover every aspect of our lives. Read Quran and Sharia law which cover every aspect of Muslim's life and these laws are their to guide us and to tell us what is right and what is wrong.
Let me give one example of Islamic finance system. Interest has been prohibited in OT and in Quran. Muslims don't deal with interest because Quran tells them that this is second major sin after adultery. Use your intelligence and you will disagree with OT and Quran's stance on interest based system. Our countries and socities are all based on interest based syste. Time is money is the basic economic prinipal.
Economists can attempt to come up with numerous justifications for the payment of interest but the real test is to study the affects that interest has. It is important to note that when something is prohibited by God, this does not mean that there is absolutely nothing beneficial in the prohibited item or practice. Indeed, one may be able to find something beneficial even in prohibited items. For example, God says in the Quran about alcohol:
Quote:They ask you [O Muhammad] concerning wine and gambling. Say: ?In them is great sin, and some benefit for people; but the sin of them is greater than the benefit.' (Quran 2:219)
Thus, the essential point is not whether there is anything beneficial in something but whether the harm of something outweighs its benefit. Thus, economists may be able to find a hint of a justification for paying interest but this definitely would not outweigh the harms that interest can be shown to cause. Even if interest is considered some kind of payment to a factor of production, it has some unique characteristics that set it apart from payments to any other factor of production. Due to its unique nature, it leads to some very disturbing results.
First, interest leads to an inequitable distribution of income. This can be seen by taking an example of three people. Suppose there are three people who consume of all of their income in a given year yet one of them starts with $1,000 in savings, a second with $100 and a third with zero. At 10% interest per annum, by the end of the year, the first person will have $1,100, the second $110 and the third person zero in their accounts. If the same scenario follows in the next year, the first person will have $1,210, the second $121 and the third will have zero. Already, one can see how the distribution between them grows every year, even between the one who has some savings of his own. This scenario will be made even worse if the richest person will also to be able to add savings. Suppose he adds one thousand at the end of each year. He will have 1,100 at the end of the first year, he adds $1,000 and continues with his 10% interest and he will have $2,310 at the end of the second year, and so on.
Now it is one thing if this money paid was actually due to some positive factor of production but in reality one cannot make that argument in this case. The money that the people are making via interest may have been squandered, lost or even stolen by the people who borrowed it, but one still has to be pay the interest. It may have been invested in a completely losing project and therefore it actually did not produce anything. But all of that does not matter, it has to be paid regardless of whether that “factor of production” produces anything or not. This is simply one of the unique aspects of money and payments to money. No one can argue that this is just and therefore its results are an inequitable distribution of money.
Furthermore, the distribution of income becomes more and more skewed over time. One can imagine some individuals dealing in millions while others are dealing in hundreds or thousands. The disparity in their interest incomes will indeed be great and growing every year. In other words, as one hears often, it will lead to a situation where
the rich keep getting richer while the poor keep getting relatively poorer. Note that those in debt, paying interest that grows every year, have not been added to the equation. In their case, as interest continues to grow, more and more of their overall income is consumed by interest, further exacerbating the skewed distribution of income.
Someone could ask as to whether an inequitable distribution of income should be considered a major issue. Besides the psychological effects on the poor, especially given mass media advertising that emphasizes the good life and the need to consume, there are very important effects on the market as a whole. In a market economy, production will be geared towards those who have the money to pay for the output, regardless of how necessary other goods may be for society. If the rich desire, demand and are willing to pay a lot of money for SUVs and gas-guzzling vehicles, those will be produced (regardless of how much conservationists may complain).
As the income distribution becomes more and more skewed, more and more resources will be devoted to the demands of the richer classes. Since resources are somewhat “fixed,” this means that less and less will be devoted to the needs of the poorer classes.
Furthermore,
the lesser resources devoted to the goods that the poor consume reduces supply and drives up the prices of those goods, further harming the poor people’s overall economic situation. For example, one can find numerous medical clinics catering to the rich (those who can afford such treatments), even if they are far from necessary, such as numerous places for cosmetic surgery and the like. At the same time, one may find it very difficult to find clinics catering to the poor and meeting their basic needs. If they could pay more for those essential services, in a market driven economy, one would definitely find more of those types of clinics, more resources devoted to those needs and a cheaper price in the long-run for what they need. In addition,
this skewed distribution also has strong implications for the health of democracy; however, that discussion is beyond the scope of my post and will only make my reply much more longer.
In addition,
the burden of interest upon the poor who fall into debt puts them into a situation where they cannot advance socially or economically, widening the gap between the rich and the poor. Debt itself is a difficult situation for any individual. However, it is interest payments that make one’s debt a moving target, many times one that an individual simply cannot keep up with. Again, it is a bogus factor of production but it works to allow the rich to get richer while putting a great burden upon those who fall into debt.
Perhaps you are familiar with how much of a debtor society the United States, the richest country in the world, has become. This has afflicted not only the lower classes but many of the middle class as well. Some sorry individuals do not realize that if they pay only the minimum on their credit card bills, for example, they will virtually never clear their balance. But, of course, it is the poorest that are hardest hit. In fact,
the system is stacked against them as the poorer an individual is, the worst his credit rating and the higher the interest rate he will be forced to pay.
The plight of small-scale farmers forced to borrow due to dropping prices on their output has been well-documented. Many of them have pawned their precious belongings or lost their farms that have been in their families for generations simply due to interest payments that they could not keep up with.
On an international level, the situation is much more devastating and dangerous. There is no question that when looked at from an international perspective, interest kills people.
The debt servicing of lesser developed countries today is so great that they must sacrifice essential health and nutritional needs. It is dumbfounding to think that untold numbers of children are dying daily in lesser-developed countries due to the “tool” of modern capitalism: interest. Some African governments are forced to spend more on debt servicing than they spend on health or education.
In this context, the UNDP (1998) predicted that if the external debt of the 20 poorest countries of the world was written off, it could save the lives of 20 million people before the year 2000. In other words, it means that uncancelled debt was responsible for the deaths of 130,000 children a week up until the year 2000.
Global capitalism kills more people each year then were killed by Adolf Hitler. IMF and World Bank are to be blamed for deaths of millions due to their refusal to ease the debt burden.
Every year since 1981 between 15 and 20 million people died unnecessarily due to debt burden because Third World governments have had to cut back on clean water and health programs to meet their repayments.
Debt, with its increasing amount of interest compounded upon it, is dangerous for any nation because it means loss of sovereignty and control. This aspect, incidentally, is no accident. Lesser developed countries especially their elites and corrupt rulers are not free of guilt when it comes to the issue of the debt that they have accumulated. At the same time, if they did not borrow and get in debt, pressure would definitely be put on them to do so.
The current debt situation, with the major role that interest is playing in it, is potentially very devastating for the world as a whole. In Global Trends 2015, the Central Intelligence Agency (CIA) recognized:
Quote:The rising tide of the global economy will create many economic winners, but it will not lift all boats. [It will] spawn conflicts at home and abroad ensuring an ever-wider gap between regional winners and losers than exists today. [Globalization’s] evolution will be rocky, marked by chronic financial volatility and a widening economic divide. Regions, countries and groups feeling left behind will face deepening economic stagnation, political instability and cultural alienation. They will foster political, ethnic, ideological and religious extremism, along with the violence that often accompanies it.
In reality, there are yet other ills related to interest that could be discussed but the above should suffice for the purposes here. As you can see that God has prohibited to use interest many thousand years ago because He knows what you and I can't know with our own intelligence. This is just one example and I can quote many more. My reply is already very long but I truly hope it helps you to see why we need to rely on Divine guidance.