May 4, 2004

BW Online | May 10, 2004 | E-Biz Strikes Again!

The Internet is the freest of the free markets. Trading is greased by information. With information, prices move to levels that are sustainable only by the fittest companies. Buyers with information are the most powerful force on earth.

Muslim societies can't abide the free market because they are led by control freaks who despise their followers knowing too much, except of the sort dished out in the Madrassas.

Is capitalism as an economic system fundamentally at odds with medieval Muslim culture and societies? If so, freedom taking root will be painfully difficult.

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