Capitalism Quote by Rafael Correa
“What we've undergone in recent decades worldwide has been totally insane, and all of this is a result of capitalism. The workforce in Latin America was treated as a vulgar instrument for capital accumulation. Mechanisms of exploitation were imposed, such as outsourcing, labor mediation, and the like.The results are plain to see: greater inequality in Latin America; unemployment is higher than in previous decades; we haven't resolved the problem of poverty; we've lost a great deal of sovereignty.”
About This Quote
Source Speech: Economic Address, Rafael Correa, 2015
Capitalism's global expansion has intensified exploitation, especially in Latin America, leading to higher inequality, unemployment, persistent poverty, and reduced sovereignty.
In simple terms: Capitalism has worsened inequality and poverty in Latin America.
Key Takeaway
Address systemic exploitation and protect workers.
Themes
economy
inequality
sovereignty
labor
politics
Mood
critical
concerned
Type
political
analytical
When to use this quote
- policy reform
- labor organizing
- social safety nets
- regional cooperation
Key Concepts
capitalism
exploitation
structural violence
dependency
Questions to Reflect On
- How can policies balance growth with equity?
- What alternatives exist to reduce exploitation?
A Different Perspective
Capitalist growth can also generate wealth and development if regulated.
![“Neither Italian fascism nor German national "socialism" have anything in common with such a [Soviet socialistic] society, primarily because private ownership of factories, plants, lands, banks, means of transportation, etc., remain untouched there, and, therefore, capitalism in Germany and Italy…” quote by Joseph Stalin](https://sms4smile.com/quotes/img-quotes/411/joseph-stalin-1734_capitalism_neither-italian-fascism-nor-german-natio_1430.jpg)
