"As you say, the Writings are not so rich on this subject and many issues
at present baffling the minds of the world are not even mentioned. The
primary consideration is the spirit that has to permeate our economic
life, and this will gradually crystallize itself into definite
institutions and principles that will help to bring about the ideal
condition foretold by Baha'u'llah."
"No, Baha'u'llah did not bring a complete system of economics to the
world. Profit sharing is recommended as a solution to one form of economic
problems. There is nothing in the teachings against some kind of
capitalism; its present form, though, would require adjustments to be
made."
"There are practically no technical teachings on economics in the Cause,
such as banking, the price system, and others. The Cause is not an
economic system, nor its Founders be considered as having been technical
economists. The contribution of the Faith to this subject is essentially
indirect, as it consists of the application of spiritual principles to our
present-day economic system. Baha'u'llah has given us a few basic
principles which should guide future Baha'i economists in establishing
such institutions which will adjust the economic relationships of the
world...
"Social inequality is the inevitable outcome of the natural inequality of
man. Human beings are different in ability and should, therefore, be
different in their social and economic standing. Extremes of wealth and
poverty should, however, be abolished...
"The Master has definitely stated that wages should be unequal, simply
because that men are unequal in their ability and hence should receive
wages that would correspond to their varying capacities and resources."