Islam has mandatory wealth tax (zakat) that can only be given to the poor/needy. It also forbids neo-liberalization of commodities ie betting is not allowed, crypto is not allowed etc. anything that does not have a material being can not be sold or bought. Then there is stuff about forbidding interest on loan. Then stuff about poor people getting to paradise before rich which lead to early adopters donating almost all of their wealth.
Zakat is probably the most progressive thing from within that system for its time, but note that banning interest doesn’t automatically make it better in that regard — shariah-compliant options still need to manage risk and they do that by simply charging higher upfront (compared to interest options), amongst other means.
Metaphysically, poor people have also had the religion weaponized against them by saying that they are poor because of their actions or those of their forefathers, etc, and that this is divine judgment. It was essentially used to justify the riches of the rich.
Islam has mandatory wealth tax (zakat) that can only be given to the poor/needy. It also forbids neo-liberalization of commodities ie betting is not allowed, crypto is not allowed etc. anything that does not have a material being can not be sold or bought. Then there is stuff about forbidding interest on loan. Then stuff about poor people getting to paradise before rich which lead to early adopters donating almost all of their wealth.
None of this feels free-market-capitalisty.
Zakat is probably the most progressive thing from within that system for its time, but note that banning interest doesn’t automatically make it better in that regard — shariah-compliant options still need to manage risk and they do that by simply charging higher upfront (compared to interest options), amongst other means.
Metaphysically, poor people have also had the religion weaponized against them by saying that they are poor because of their actions or those of their forefathers, etc, and that this is divine judgment. It was essentially used to justify the riches of the rich.