Skip to comments.Ahmadinejad slams capitalism at Turkey summit
Posted on 11/09/2009 8:37:38 PM PST by Tailgunner Joe
ISTANBUL (AFP) Iranian President Mahmoud Ahmadinejad on Monday slammed capitalism for the global financial meltdown as he joined Muslim leaders at a summit in Turkey amid increasing pressure on his country over its nuclear drive.
"The present economic crisis is due to the capitalist system. The world needs radical change," Ahmadinejad told a one-day economic summit of the Organisation of the Islamic Conference (OIC).
Describing interest rates as the biggest and most fundamental problem of the capitalist system, the Iranian leader said through a translator: "The world system based on usury has collapsed, proving its failure."
"We have to draw up programmes based on Islamic economic thinkers. That way we can guide people to happiness, security, justice and honesty," he told participating leaders, including Syrian President Bashar al-Assad and Afghan President Hamid Karzai.
Ahmadinejad made no reference to Tehran's dispute with the West over its nuclear activities, but his presence in Istanbul coincides with international pressure on Iran to agree to a UN-brokered plan to provide Iran with enriched uranium for a Tehran reactor.
Under the proposals thrashed out in talks with France, Russia and the United States, Iran would ship most of its own stocks of low-enriched uranium abroad in return for fuel to power a research reactor in Tehran.
The proposals were designed to assuage fears that Iran could divert some of its uranium and further enrich it to reach the higher levels of purity required to make an atomic bomb.
World powers have endorsed the plan but Iran, which insists its nuclear programme is peaceful, has yet to give a final response.
Turkish President Abdullah Gul, whose country is nurturing closer ties with neighbouring Iran, expressed hope for "concrete and positive" results on the proposal package and said Ankara was ready to help.
(Excerpt) Read more at news.yahoo.com ...
He forgot to mention that his country is on the brink of economic collapse.
He mistakenly was reading from Obama’s teleprompter.
An he know the capitalistic system because he was a part of it or he read t in a book (Das Kapital).
what we need is to abolish fractional reserve banking
Yes, capitalsim is horrible. I mean, just look at our standard of living compared to the great islamic theocracy, Iran.
He mentioned something called “Islamic economic thinkers” Do they exist or exist in his imagination.
He's got Ahmadinejad sounding exactly like him now.
Paul Reubens loaned him a jacket? Hey Pee Wee...
We’ll take your (rather large) crumbs...