Capitalism is Broken

Lula, the just retired president of Brazil has declared that capitalism is a drain on the world and needs to be replaced.

Oh... and it is also the cause of global warming... and the world is controlled by a very small group of people that are simply using the poor and downtrodden in our world.

FOX news report

DAKAR, Senegal – Brazil's first working class president and an icon of the downtrodden said Monday that the global financial crisis proves capitalism is broken.

Luiz Inacio Lula da Silva also said it was time for affluent countries to begin paying attention to nations like Senegal, ranked as one of the world's poorest.

"For too long, rich countries saw us as peripheral, problematic, even dangerous," said Silva, who stepped down last year with one of the highest approval ratings in his country's history, "Today we are an essential, undeniable part of the solution to the biggest crisis of the last decade — a crisis that was not created by us, but that emerged from the great centers of world capitalism."

His speech marked the second day of the six-day World Social Forum, an annual counterpunch to the World Economic Forum in Davos, Switzerland.
...
"We can see it with the global financial crisis. We can see it with climate change and global warming," said Morales, who in 2005 became the first leader to be elected from Bolivia's indigenous majority. "The capitalism of today is a capitalism that no longer produces but just consumes.... it is very important for people to express their views and indicate that there is a ruling elite, a very small group of people who are holding us hostage....

Now... I wonder exactly what kind of government he would suggest to replace the free enterprise system and democracy? Perhaps the title of the forum at which he is speaking might give us a clue...

World Social Forum

Oh... now I see... he is a socialist. :-)

xtnyoda, shalomed