President Evo Morales described outdated system of capitalism, and other Presidents supported his position in 18th Latin America’s submit meeting carried out in San Salvador.

"In submit meeting, some Presidents have discoursed about capitalism’s system, they rejected this system, but others supported current system. President Evo Morales rejected vigorously capitalism in the meeting," Canelas said.

Spokesman, Canelas who went with Morales to Latin America’s submit meeting, informed that most of newspapers describe our President.

"Firstly, he is described as politic, where newspapers emphasize his speech, secondly, they show him as a grandiose sportsman, describing that sport is the most important activity around the world," he assured.


CAPITALISM


Latin America’s Governments that support left-wing, among them Ecuador, Nicaragua, Bolivia, and others, announced the end of capitalism and demanded a different economical system, in contrast to other presidents’ position who were cautious in their positions.

Presidents of Mexico, Brazil, and Spain rejected neo-liberalism as well as Presidents of Ecuador, Bolivia, Nicaragua, and Argentina that proposed a new, supportive, and integrative system.

President of Bolivia assured that to save system of capitalism would be a mistake, because it caused global crisis in economy, food, energy supply, and climate changes.

"I think that capitalism is not a solution, because when capitalism is winning they say, "let us win" but when they are loosing "save us," but they are saved impoverishing poor people," he affirmed.

President of Ecuador, Correa invited to "throw out" current economical institutions.

He rejected to keep current system repairing it, but restructure Bretton Woods, and he indicated that some organizations such as; World Bank and International Monetary Fund have to be forgotten, because these institutions were useless," ABC published (Spain).

President of Nicaragua, Daniel Ortega assured that capitalism’s system has failed, then he proposed to establish union among countries.

"Capitalism has converted the most important enemy against capitalism," he said.

President of Argentina, Cristina Fernandez indicated that Presidents have to discuss new paradigms and restructure agreements were in the ancient world which disappeared.

Labels: Argentina, Bolivia, Latin America