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The Root Problem is the Capitalist System

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Evo Morales

In recent weeks, fires have broken out in Bolivia, which we have been fighting against using our financial, technical and human resources. To date, our country has spent more than $15 million to mitigate fires.

We thank the International Community for their timely cooperation in our fight against the fires, as well as their commitment to participate in post-fire actions.

Military Spending and World Poverty

Sisters, brothers and the peoples of the world:

The arms race, military spending, technology at the service of death and the unscrupulous arms trade have increased.

The financial system remains undemocratic, inequitable and unstable, which privileges tax havens and the banking secrecy that subjects weak countries to accept conditions that perpetuate their dependence.

We note with sadness that the great social asymmetries continue. According to Oxfam, today 1.3 billion people live in poverty, while 1% of the richest kept 82% of the world's wealth in 2017.

Inequality, hunger, poverty, the migration crisis, epidemic diseases, unemployment, are not just local problems, they are global problems.

On the other hand, the creative capacity of humanity, every day surprises us with new inventions and new technological applications. They have offered great solutions to very complex problems. Technology has meant a qualitative leap for humanity. However, it is necessary that from this multilateral body agreements on the matter be established with the participation of all States.

The Root Problem: The Capitalist System

Sisters and brothers, it is essential to talk about the structural causes of the different crises.

Transnational companies control food, water, non-renewable resources, weapons, technology and our personal data. They intend to commercialize everything, to accumulate more capital.

The world is being controlled by a global oligarchy, only a handful of billionaires define the political and economic destiny of humanity.

26 people have the same wealth as 3.8 billion people. That is unfair, that is immoral, that is inadmissible.

The underlying problem lies in the model of production and consumerism, in the ownership of natural resources and in the unequal distribution of wealth. Let's say it very clearly: the root of the problem is in the capitalist system.

That is why the United Nations is more relevant and important than ever. Individual efforts are insufficient and only joint action and unity will give us an opportunity to overcome them.

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President of Bolivia, respected for his advocacy of indigenous rights and standing up to the USA on numerous issues.
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