I think one of the main problems around the world is that there are private networks in the communication business, for-profit business providing pub… - Rafael Correa
" "I think one of the main problems around the world is that there are private networks in the communication business, for-profit business providing public information, which is very important for society. It is a fundamental contradiction.... I think there should be more public and community media, organizations that don’t have that conflict between profits and social communication. What do you think happens when TV shows have to criticize a bank that owns or fund them? Which would prevail, public or private interest?... the owners of the business would end up imposing their will towards profits. That is what happened to us at the beginning of our term. Please let us all understand what goes on in Latin America. Out of the seven TV Networks in Ecuador, five used to belong to the banks. When we wanted to regulate the banks to avoid executive malpractices and an eventual crisis like the one now taking place here in Spain, we used to have all the TV networks against us. There is a conflict of interest.
About Rafael Correa
Rafael Vicente Correa Delgado (born 6 April 1963) is an economist and former president pro tempore of the Union of South American Nations. He became President of the Republic of Ecuador in 2007, holding that position until 2017. He was previously the leader of Alianza PAIS, which called for "change of the productive matrix and the capitalist accumulation regime." He is currently the leader of the anticapitalist Citizen Revolution Movement.
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Additional quotes by 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.
INTERVENCIÓN PRESIDENTE DE LA REPÚBLICA, RAFAEL CORREA ANTE LA COMISIÓN LEGISLATIVA EN EL SEGUNDO AÑO DE GOBIERNO Quito, 15 de enero de 2009 (15 January 2009)
Diagonal : From a more global perspective, the change that is needed is much more radical and has to do with the architecture of global power of giant corporations and megabanks. Do you believe it is possible to democratize this capitalist system in which we now live? Do you believe that such a change is possible?