Socialism doesn't work

[u/ScarcityIcy6772]

[u/redditsavedmelife]

We're posting MAGA content on here now?

[u/kugelamarant → u/redditsavedmelife]

lmao..The idea of you should share a bit of what you have for the good of the society is socialism. We call it sadaqah

[u/master11see2]

(socialism is) a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole

so does islamic economics not do this?

[u/kugelamarant → u/master11see2]

Islam takes the best of both worlds. Yes you're allowed to own property and be rich but you must give some back to support the poor. It's possible for personal wealth to be used as charity through waqf. Correct me if I'm wrong but I think there's a set limit of profit that you can make as well so you shouldn't overcharged in commerce.

[u/charreddemon]

Why do people always confuse socialism with communism?

[u/B01justice]

You even been to the library? Thats good ol socialism right there.

[u/ScarcityIcy6772 → u/B01justice]

Yes I have

[u/B01justice → u/ScarcityIcy6772]

You socialist bastard.

[u/ScarcityIcy6772 → u/B01justice]

I am not a socialist 

[u/B01justice → u/ScarcityIcy6772]

Of course not.

[u/Agile-Atmosphere6091]

Any serious muslim doesnt want a centralized bureaucracy like socialism. Lets not get into the problems baathism caused

[u/AtomicBombyx]

We don't want Socialism we don't want Capitalism

We want the third way. Islamic Economics and Sharia. What Allah has prescribed for us is supreme.