With the demise of Communist block, Capitalism emerged unchallenged. And so are the Capitalists!
 Western World glories are attributed to Capitalism by their media. This system is hardly questioned nor does the media show anything negative about it- peoples protests, hard talks, articles etc. Thus public at large are made to believe that Capitalism is an indispensable system.
One would think, that, why capitalism is portrayed as most worthwhile. On a little pondering, one could realize that the Capitalists are the beneficiaries of this system, as they are controlling whole world and own media houses, banks, stock exchanges, and almost all the big businesses of the world, thus busy in accumulating wealth and making heaps of profit. Therefore, the praise and portrayed image is not the reality.
It is the system where poor working class is only compensated for its bare needs, and the entrepreneur's excessive greed for profit is never checked, they pocket all the profit earned. How cruel, brutal and unjust is this system!
European nations have tried to cover this unjust facet of Capitalism through social welfare state concept. But even then the greed of Capitalists is taking its toll of humans. They invent ways to make money, irrespective of any moral or social human values.
A new paradigm of consumerism (People purchasing goods and consuming materials in excess of their basic needs) has emerged rather being thrust upon consumer by the Capitalists, which is basically creating more demand of production in factories, sale to general public and making more profit.
Some social scientists reacted and rebelled in past to this system and presented their philosophies –socialism, communism etc .But their philosophies and systems also fell victim to their inherent flaws and eventually the states where these system prevailed also collapsed.
Before the extinction of bipolar world there was a resistance, and people use to say openly against the exploitation of capitalism. But now there is hardly such voice which is heard.
We the third world countries are the worst victim of Capitalists. Because the poor working class especially and the middle class in general fall prey of the rich.
The alternative to this all, is the Islamic principles of wealth acquisition, running business, trade, banking and so on. This is based on just principles and we hope that the genuine Muslim scholars should come forth and give hope to the unprivileged, oppressed, poor working class of the world.