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Alberto Fernández, in an economic forum in Russia: 'It is time to understand that capitalism has not given good results'

2021-06-04T14:41:00.545Z


The head of state warned that "middle-income countries like Argentina increasingly look like poor countries."


06/04/2021 10:02

  • Clarín.com

  • Politics

Updated 06/04/2021 10:28

President Alberto Fernández affirmed this Friday that "it is time to understand that

capitalism has not produced good results"

, given that it generated "inequality and injustice."

"It is time to understand that capitalism as we knew it until the pandemic has not yielded good results, it

has generated inequality and injustice," said

Fernández in the plenary session of the 2021 St. Petersburg Economic Forum.

In a recorded message, the President stressed: "If we are going to build another capitalism, it must be a capitalism that does not forget the concept of solidarity."

In addition, he warned that it is "very difficult to develop with outlandish debts and huge rates, and that all this must be paid in installments that definitely do not favor the growth and development" of the communities.

"If the pandemic taught us something, it is that no one is saved alone, and that there may be a time when the most powerful and weakest (countries) tremble and fall in the face of a virus," Fernández emphasized.

Along these lines, he considered that "the world had been organized on definitely weak bases, so weak that a being imperceptible to human sight, such as the Covid-19 virus, was capable not only of dragging the lives and health of millions of people. inhabitants of the world but also to the central economies. "

"We should already think at this point

how the global economy should be in the coming time

, because what has been shown is that what there was generated a lot of inequality and a lot of injustice, which

favored the concentration of income

in very few

and distributed poverty in millions

of inhabitants of the globe ", argued the President.


AFG


Look also

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The Government recognizes that it has to agree with the IMF to be able to renegotiate with the Paris Club

Source: clarin

All news articles on 2021-06-04

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