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Imam Khamenei Meets University Activists: West Economic Woes Stem from Capitocracy

Imam Khamenei Meets University Activists: West Economic Woes Stem from Capitocracy
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Leader of the Islamic Revolution Ayatollah Sayyed Ali Khamenei stated that the West's economic problems stem from the essence of the capitalist system, which is the proclivity for wealth over other matters.
Imam Khamenei Meets University Activists: West Economic Woes Stem from Capitocracy
"The increasing current economic problems and pressures in the West and Europe stem from the nature of the capitalist system, namely the ‘Capitocracy'," Ayatollah Khamenei said on Monday.

In a meeting with a group of Iranian student activists, Imam Khamenei stressed the importance of preventing the socialist views from dominating economic thoughts.

"If the policies related to the Article 44 [of the Iranian Constitution] are implemented within the determined framework in which they were explained, they will definitely not end in a despicable capitalism playing a central role in the country's macro-level decision making," noted the Leader.

His Eminence further pointed out that the policies of the Article 44 of the Constitution complement the justice-based economy.

Imam Khamenei Meets University Activists: West Economic Woes Stem from Capitocracy Imam Sayyed Ali Khamenei considered the "resistance economy", which has been recently proposed by His Eminence to counter the western imposed sanctions and pressure, different with the aggressive economy, which was proposed by a student, suggesting that a precise analysis on it would be presented, which might be used as a complement for the resistance economy.
Some 1,000 elite academicians and university students in a meeting with Supreme Leader Monday evening exchanged ideas on various university, scientific, cultural, social, political, and economic issues with his eminence.

Source: News Agencies, edited by moqawama.org

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