(posted Aug. 15, 10:40 a.m.)- Nicaraguan President Daniel Ortega says the Venezuelan-led Bolivarian Alliance for our Americas (ALBA) should be a model for the United States and Europe to follow.
“If the United States, if Europe, which today are submersed in a profound crisis, were to dedicate themselves to applying mechanisms of solidarity, of complementarity, of fair trade like those that exist in ALBA, Europe would have the instruments to get out of their crisis and give the people of Europe the jobs that they need and the benefits and wellbeing that they are losing today,” Ortega said Tuesday night at the 32nd anniversary of the Nicaraguan Navy.
ALBA is an international cooperation organization and a leftist political bloc comprised of eight countries in Latin America and the Caribbean: Venezuela, Cuba, Ecuador, Nicaragua, Bolivia, Antigua and Barbuda, Dominica, and Saint Vincent and the Grenadines. Nicaragua joined ALBA on Jan. 11, 2007—one day after Ortega was sworn in as president.
For Europe and the U.S. to adopt an ALBA-like model of development and trade, they will first have to abandon their current neoliberal models, Ortega advised.
“Life is showing that the (capitalist) model that arrived at its maximum development and splendor is now in total decline,” Ortega said.