The Western Orientals had made detailed research about a scripture composed by Ibnu Khaldun, titled Al Muqaddimah and thus had translated the contents to their own language. However, they have misinterpreted Ibnu Khaldun actual meaning of economics system and as a result, arise two groups that had contrary opinion, namely Socialist and Capitalist. Each applied Ibnu Khaldun’s scripture as a reference and support to economics systems they are fighting for.
Socialist system is leaned to Ibnu Khaldun when he explained wealthier citizen responsibility toward the poor. The system’s devotee continuously concluded that their system is the best solution of unfairness in dividing the material of wealth among citizens. Therefore, they persevere at exterminating the rich citizen in order to generate status of equality in economy, whilst the dividing of family heirloom is dispelled.
On the other hand, Capitalist system is supported by Ibnu Khaldun’s statement of freedom in seeking wealth. The sole mistake to this system’s devotee is they merely promised voluminous share towards wealthy citizen to the extent of the rich getting richer and the poor getting poorer until the very existence of caste and feudal system in the societies. Karl Marx whose happen to lives in this frayed surrounding able to structured an action to claims justice in which he introduced Socialist system which had resulted in revolution(fight) against wealthy group in societies
These new systems had cheat developing countries and Third-World countries with the ‘economy beyond boundaries’ or ‘free and unrestricted economy’ concept which obviously benefited the modern countries such as
This Economic Globalization is very dangerous because of its original purpose; evil plan that is 20-80 theory. This theory can be defined as 20% of world’s societies will became rich and they are consist of modern countries and certain people in Third-World countries and developing countries, whereas the 80% of world’s societies will continue to be economically incapable, whose consist of Third-World and developing countries
To put this theory to practical, hence the powerful counties in this world exploited fully the use of mass media. Through it, the