Summary of Sunni concepts
The founder of capitalism and their ideas
The emergence of the capitalist doctrine was in the late eighteenth century AD
And the beginning of the nineteenth century by three successive thinkers
They are Adam Smith, Malthus, and David Rickard the Jew
As for Adam Smith, he is the first founder
This is through his theory that he presented in his controversial book
The Wealth of Nations, where he decided that the factor is in human activity
It is only personal interest
Therefore, it is not abhorrent to him, even if it is at the expense of others
He was also the one who called for the greater economic value to be given to labor rather than land
As for Malthus, he is a defender of capitalism
Although he was originally a priest
However, it prohibited charity and the provision of subsidies to families who were unable to provide their means of livelihood
This is only because he believes that the crisis of humanity is the increase in population
Which occurs according to a geometric sequence
While the increase in food resources proceeds according to a numerical sequence
Ali, whoever cannot make a living does not deserve to live in his view
This is in line with the idea of survival of the fittest established by Darwin's theory
As for David Ricardo, the Jew, he is the inventor of the idea of distinguishing between rent and profit
Where he said that rent is the gain that comes from the money of each land
Profit is industrial capital gain
In doing so, he relies on Adam Smith's theory of giving value to work
Then he blamed rent
He made it the main cause of the threat to industry, class, and social inequality
In his view, landowners charge exorbitant prices for their products needed for living
This causes a decrease in businessmen's profits because they continue to raise workers' wages
To provide their living needs
Which threatens the advancement of the industry that was rising during that period
This convinced governments to impose taxes on landowners
Or nationalizing much of their lands, thus contributing to the fight against feudalism
Summary of Sunni concepts