We, the progressive and leftist presidents, are committed to the social movements which are the ones that are providing the leadership throughout all… - Rafael Correa

For the first time an oil producer country, Ecuador, where a third of the resources of the State depends on the exploitation of the above mentioned resources, resigns this income for the well-being of the whole humanity and invites the world to join efforts through a fair compensation, in order that together we lay the foundations for a more human and fair civilization.

The global crisis we are experiencing is not a consequence of factors external to economic dynamics; On the contrary, since the 19th century, the cyclical crises that the world has experienced are inherent to the capitalist system, as a product of the construction of a speculative economy, of the divorce between value and price; and overproduction processes due to poor allocation of resources.

We are building a conception of development that is different from that of the capitalist system, where we seek not to live better, to have competition, to have more every day, but to live well, to satisfy basic needs, where harmony with nature is sought, where we seek the indescribable life of cultures.