Alberto Fernández: “The pandemic has revealed the need …

President Alberto Fernandez I affirm that “It is time to understand that capitalism, as we knew it until the pandemic, did not give good results”, since it generated “injustice and inequality”.

“The logic that has lasted for many years is necessarily to be reviewed since the coronavirus pandemic has highlighted the need to show solidarity, ”said the president during his participation this morning, by videoconference, in the plenary session of the Saint Petersburg 2021 Economic Forum.

The virtual encounter between Alberto Fernández and Vladimir Poutin was the prelude to the official announcement that the two will make at 12:30 p.m. start of production of the Sputnik V vaccine in Argentina by the Richmond laboratory.

“It’s very difficult to grow with weird debt”

In his speech by videoconference at the start of the Saint Petersburg Economic Forum, after Putin’s inaugural speech, the Argentine President stressed that “it is time to understand that capitalism as we know it has not given rise to good results, that it generated inequalities and injustices “.

In addition, he called on the international community to “Take action that has to do with potential development” “middle-income” countries, such as Argentina. During the pandemic, he argued, “poverty and lack of work increased.” And it happened “Not only in the most needy countries, but also in middle-income countries, including Argentina. Countries which are always treated as developed but which look like poor countries “.

“And here the international community must take measures that have to do with the potential development that these middle-income countries can achieve. It is very difficult to grow with wacky debts, with huge rates and all of this has to be paid on terms that absolutely do not promote growth. and the social development of our communities, ”he said in what was a roundabout call to consider the situation Argentina is going through due to the debt contracted by the previous government.

It is very difficult to develop with wacky debts, huge rates and which must be paid in installments which certainly do not promote the growth and social development of our communities, ”he said.

“If we want to build another capitalism, it must be a capitalism that does not forget the concept of solidarity, because If the pandemic has taught us anything, it’s that no one is saved alone and that there might be a time when the strongest and the weakest tremble and fall in front of a virus, ”he noted.

The Argentine President was listened to with attention by the hundreds of personalities of politics and the world economy gathered in the city of Saint Petersburg. To all He called for reflection on “how strong the global economy was” before the pandemic.

“The world was organized on decidedly weak bases -Exposed-. So weak that an imperceptible being like the Covid-19 was capable, not only of dragging the lives and health of millions of inhabitants, but also the central economies of the world ”.

For this reason, he recommended, “we should think about what the world economy should look like in times to come, because it has been shown that what has already generated a lot of inequality, which has fostered the concentration of income in very few of the millions. “

“This logic must be reviewed, because if something has exposed the pandemic, it is the need to be united”, he insisted and continued: “In the pandemic, we have learned that no one is saved alone, that we all need each other and that, if we face the effort together, a better future is easier and more possible to achieve. “

Alberto Fernández’s complete exhibition