Speaker’s Advisor: Unrests in Britain Signify Collapse of Capitalism

An advisor to the Iranian parliament speaker pointed to the recent popular uprisings in a number of European countries, Britain in particular, and said these developments indicate the collapse of the capitalist system.
“What is happening in Britain, Europe and the US testifies the collapse of the foundations of the capitalist system,” Ali Larijani’s Advisor for International Affairs Hossein Sheikholeslam told FNA on Saturday.

“Today, we are witnessing formation of a new structure which is based on justice, and the international organizations and circles that have been dependent on the hegemonic system are no more considered as decision-makers,” he added.

The unrests in England erupted on August 6 in Tottenham in protest over the death of 29-year-old Mark Duggan, who was shot dead on August 4 during a police operation.

The riots eventually spread to other UK cities during the next few days, causing extensive damage to homes and businesses.

Iranian officials, specially President Mahmoud Ahmadinejad, have always said that capitalism is on the verge of collapse.

“The Capitalist system of economy is on the edge of collapse after the same thing happened to the Socialist (school of) economy,” President Ahmadinejad said in his address in the 10th Summit of the Economic Cooperation Organization (ECO) here in Tehran in 2009.

The Iranian president further strongly criticized the unjust economic policies established by the rich states, and blasted injection of billions of dollars into the world economy, noting, “Unfortunately, the nations of the world are paying costs of the wrong theories, policies and economic measures laid by some certain states and international economic systems.”