Iran's President Mahmoud Ahmadinejad has condemned capitalism as a failed system, calling for a new world order based on justice and love.

Capitalism has indeed failed and come to
a dead end, President Ahmadinejad said Wednesday, addressing an
audience at a ceremony in the University of Havana, Cuba.
He said that human beings have longed for prosperity, peace, security, respect and human dignity throughout history, adding that the world today is in need of a new world order based on justice and amity.
President Ahmadinejad said that human beings needed knowledge, justice and love to achieve prosperity, stressing that any system devoid of these factors would lead to class gap, oppression and aggression.
The Iranian president is on a four-nation tour of Latina America. He kicked off his Latin American tour in the Venezuelan capital, Caracas.
He arrived in Nicaragua on the second leg of his Latin American tour on Tuesday. He arrived in Cuba on Wednesday to meet with Cuban officials on regional and international issues as well as bilateral ties.
Iran's chief executive will visit Ecuador on the last leg of his five-day tour.
The promotion of all-out cooperation with Latin American countries is among the top priorities of the Islamic Republic's foreign policy.
Iran and Latin American countries have been working towards developing diplomatic relations and increasing economic cooperation.
He said that human beings have longed for prosperity, peace, security, respect and human dignity throughout history, adding that the world today is in need of a new world order based on justice and amity.
President Ahmadinejad said that human beings needed knowledge, justice and love to achieve prosperity, stressing that any system devoid of these factors would lead to class gap, oppression and aggression.
The Iranian president is on a four-nation tour of Latina America. He kicked off his Latin American tour in the Venezuelan capital, Caracas.
He arrived in Nicaragua on the second leg of his Latin American tour on Tuesday. He arrived in Cuba on Wednesday to meet with Cuban officials on regional and international issues as well as bilateral ties.
Iran's chief executive will visit Ecuador on the last leg of his five-day tour.
The promotion of all-out cooperation with Latin American countries is among the top priorities of the Islamic Republic's foreign policy.
Iran and Latin American countries have been working towards developing diplomatic relations and increasing economic cooperation.
Press TV
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