Opinion by an anonymous reader from Pakistan:
The idea of Online Capitalist Peace Convention is a very unique one. After going through the document in detail, I do not think that it is a feasible idea to implement. The very first basis of not supporting it based on President Trump’s orientation towards the economic issues: capitalism calls for inclusiveness whereas President Trump’s approach is more exclusive as seen in the case of US - China trade war. Secondly, the regulation of this online platform remains a big challenge. If generated, which country / countries would regulate the database and why would only some countries would be regulating or administrating it? Also, will other countries be given license to access it with full rights?
Another point which has been highlighted in the document is of combining all the economic systems in which Islamic economic system was particularly mentioned. In my point of view, the amount of anti-Islamic agendas present around the globe will not provide a chance for a harmonious relationship among the different system. In addition, major and compulsory principles like Zakat, Fitrana etc. are alien to other nations which can be damaging for this initiative.
If we analyse the two major contending systems in global economic order, the Capitalist school of thought has been dominating the world whereas the socialist / communist school of thought in its economic domain has faced a lot of challenges. One of the strongest proponent of socialist school of thought, China itself adopted capitalism in its economic mechanism and slowly moved from closed market economy to open market economy. From this we can induce that the capitalists have always dominated the process and idea of online capitalist peace convention will face criticism by the socialist countries of marginalizing their ideology.
At the end, I will take into account the major geopolitical and geostrategic changes that have occurred in the last four to five years. Russia and China have become active in these years to engage economically and strategically. Belt and Road Initiative and subsequent launch of periphery projects that have engaged multiple states have strengthened Chinese economic power which is aimed at revival of its socialist culture. Similarly, Russian projects like Trans-Siberian pipelines and facilitation of economic activities has surely depicted its motives to compete with capitalism. Hence, this idea will face serious challenges when it comes to implementation.