No one wants that hard under-the-sun, or inside-a-factory tool-carrying, or even robot-repairing job! New skills have to be developed to feed new grads based on more jobs related to nominal production. Jobs created are nominally productive because they are cleaner, preferred, socially acceptable, and desired. Simply, it is trading papers like two kids exchanging trading cards with one of them calling it an investment, and the other calling it a job another sign of insanity. The rich will look for many different ways to achieve capital preservation and growth mostly related to debt financing based on paper pushing, and backed by paper growth that hopes to eventually become real. Once the door is open for lazy money and lending for interests, the wealthy will have little to no incentive to invest in real brick and mortar transactions. It is this debt pressure that adds to everyone’s stress insanity in a box of financial entanglement. Mental illness is on the rise, one factor being the fast-growing urban development and modern living that local governments, school districts, and individuals cannot afford without being forced to borrow and pay higher taxes. Auto loans, student loans, liens, and garnishments are also clearly related to creating usurious transactions, making them fake nominal productivity. All the non-violent and violent crimes are directly related to the hidden unrelenting pressures to keep paying more, and anxieties about rising rates, where all the variable lines of credit will go up. This is the leading cause of divorces, suicides, and extra-marital affairs. Not to mention the rat race, where the majority of people have to carry on with their lives holding two jobs, stuck in traffic, and only seeing their families for a short period of time, if at all. Almost all bankruptcies and foreclosures are directly related to the effects of usury. In fact, nothing puts more pressure on personal finances than an overdue credit card or home mortgage. Modern day stress is likely related to paying bills and dues. Let us look into the reasons behind anxiety and personal stress. Many divorces take place because of financial stress. Riba, as Muslim scholars have pointed out, is destructive to relationships. Even so, there is still a notion that there may be a way around it, which makes Islamic scholars continue to educate the public on its sin and criminality against real economic productivity. Riba is forbidden based on clear narrations in the Quran and Sunnah. “And what do you think of usury?”, Cato has said,”What do you think of murder?”. Societies also prohibit it equating its criminality to murder! That is why prophet Mohammad (PBUH) said, “The sanctity of believers dem (literally blood or life) is as sacred as the sanctity of his mal (money, wealth or possessions).” We even find amongst the ancient Romans similar notions. Thus, in Islam, and all Abrahamic religions, riba is forbidden. The act of charging extra for the use of money, or any commodity, without the existence of a real transaction (where the exchange is based on a real barter of different commodities and its related skills), is considered a nominal fictitious transaction, or riba.Įmploying time-value over money to justify profit is considered lazy profit, or nominal productivity, which is forbidden. The individuals who wanted to gain this lazy income have said, “If it is excessive then it is wrong!” By playing on the word “excessive” and diluting its original definition, they were fabricated by inspiration. For instance, riba is simply charging access Ironically, they are also supported by the same arguments. Some ancient civilizations were known to be usurious and have developed rather sophisticated ways of dealing with it some of these practices are still used today. Historically speaking, most societies have taken a strong stand against riba (usury).
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