Ahmadinejad: Capitalism nearing collapse

Iranian President Mahmoud Ahmadinejad says capitalist systems are on the verge of collapse and can no longer bring economic development.

Ahmadinejad

“There are some who believe we can improve the economic situation with the formulas that are prescribed by the West; they must know that capitalist systems are falling apart,” said Ahmadinejad, who was addressing clerics in Iran’s western city of Hamadan on Thursday.

“The fundamental philosophy of Iran’s Islamic Revolution was that it should not be based on Western systems,” he continued.

According to Ahmadinejad, the problems Iran now deals with are the direct result of disregard for the ideals of the 1979 revolution.

Ahmadinejad added that his government intends to pursue policies that will bring justice, maintaining that if there is to be development in the country, poor areas must come first.
press tv

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: