Twilight of the Capitalist System

After the collapse of socialist systems, the capitalist system is estimated to be shrinking. Limit signs in his end of the capitalist system can be seen from increase credit derivatives, from Rp. 500 trillion in 1998, to Rp. 24 000 trillion at the end of December 2002. Not to mention the amount of bonds that default to USD. 1650 trillion, an amount far greater than the number of bond defaults during the previous 20 years. Ready to fall with this system or looking for an alternative system?

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Concept of Abrahanomics

The failure of the capitalist economy could no longer be covered up. This capitalist economic system had indeed succeeded in creating a modern society like today. Unfortunately, the number capable of being raised only a small part of society, not entirely. As many as 40 percent of the population is still in a state income less than two dollars per day. Thus, the Millennium Development Goals (MDGs), UN tries to cope with the poverty reduction target of 50 percent in 15 years. So far, the target was not reached. In fact, this year, it increased the number of world poverty is almost 100 million.

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King Henry VIII and Tawarruq

King Henry VIII was a controversial figure. Her desire to have more than one wife became one of the triggers breakdown of relations with the British empire of the Roman Catholic church. King Henry VIII finally married his wife six people who have their own unique character. Catherine of Aragon, received the nickname The Traitor (the Betrayed Wife), was the first wife. Anne Boleyn, second wife, nicknamed The Seducer (The Temptress).

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Tax Money in the Islamic Perspective

Taxation has become a very sensitive political issue. Because of the disappointment that had accumulated on the management (collection / utilization) taxes, there arose a very serious moral movement impact, tax boycott. If not treated quickly, the movement could be a wild ball which threatens the legitimacy of governments, even the existence of the state itself. Taxes are the life blood (life blood) countries. Taxes paid by the state erect; tax boycott collapsed state. Naudzubillah.

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Some Thoughts about the Islamic Public Finance

From the point of economic analysis, policy muhajirin unite people with the Ansar was giving economic impact is very large, making the country prosperous Medina at a later date. Fiscal policy plays an important role in the Islamic economic system when compared to monetary policy. The existence of the prohibition of usury and the obligation of zakat expenditure implies the importance of fiscal policy position compared with monetary policy. Given the time that the Islamic state built the Prophet did not inherit property in pendirinan as befits a country, then fiscal policy is an important role in building the Islamic state.

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