The following is written by my friend Sam The CEO or Sam The Oilman.
Sunday Sermon: The Economics of The Halal Scam.
Or How to Make the Clerical and Political Class Rich on the Backs of Muslims and Make Them Poorer
My
thesis: The halal concept is a bureaucratic structure made up by the
clerical class initially for political power. And like any creation of
political power, it was not long before it became a set of regulatory
rules that induces payment, i.e. corruption, in order for the ordinary
citizen to exist or make an honest living.
Think about this:
1. It creates additional cost for compliance
2. The product is actually still the same but costs more to obtain Halal approval and/or certification
There
is ZERO innovation or new products created that provide either a
game-changing technology or societal progress for society.
It is just extra costs for the same damn thing which such extra costs goes into the pockets of the powers that be and their cronies to line-up their pockets. That includes the civil service authorities that are employed at the expense of tax-payers with no productive value.
Repeat after me: ZERO PRODUCTIVE VALUE
The
Quran never asks Muslims to set up Halal certification. You only need
to assess for yourself to your own confidence whether it is halal or
otherwise. There is no compulsion on you or others for halal certification. It is your call. It is FOC.
But Halal
certification makes money. And in our modern economics, halal
certification controls whole industries and prints money for those with
the power to create and maintain such systems. And muslims become poorer
for it.
The Halal Banking Scam
Don't just think about
food. Take the banking and investment sector. Money is money. The source
of money is the same. It flows through various industries the way water
meander through rivers, oceans, up to the clouds and rain back down to
earth in a cycle. There is no halal water. There is no halal money.
There is only money.
None of the loan you take on syariah terms
makes any sense. They still charge you interest. They just don't call it
interest. The Quran forbade "usury" i.e. "making obscene profits" not
interest. Instead today, any cursory review shows that syariah-compliant
loans often have effectively usurious interest rates compared to non-syariah
loans. But why not? Because:
1. You have now entrapped muslims
into a system where they think this is the only choice for the islamic
ethical system of "halal" - so charge more for this monopoly. You now
can funnel muslim money based on this "ethical" conundrum.
(ps. BlackRock invented its halal investment: ESG. And they have their own halal/ESG certification ratings body)
2.
Just for this certification, it will naturally cost more because the
money is from the same banking system but with the halal system adding
another layer of costs.
This is basically re-badging a product.
Import the car from China and put the Pr*t*n logo on it and call it
Halal. Charge 'em more.
Conclusion
1.
The Halal System is maintained to make money for the political and
clerical/authority class and their cronies. Nothing more, nothing less.
But the clerics can make people stupid and
don't think. So what else are we going to do? S*d*mise them as much as
you can.
2. A society that is this dumb, wastes time and money
on unproductive economic activities - making this and that halal,
having it certified halal. None of which creates anything new. There is
no innovation, creativity or even productivity. It is in fact
counter-productive. It is a net negative economic sector for the
population as a whole. If there is innovation - it is the innovation the
way scammers innovate to scam their victims. That's about it.
Such
a society cannot evolve to be a civilised and progressive society
because its economic focus is on a negative productivity sector with no
industrial innovation and the money goes down the drain of corruption.
There is a lesson to be learnt here somewhere. If only we think.
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