Oct 15 11:21 AM US/Eastern
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Iranian leaders say the world financial crisis indicates the end of capitalism,
the failure of liberal democracy and divine punishment — marking the
superiority of the Islamic republic’s political model.
“The school of Marxism has collapsed and the sound of the West’s cracking
liberal democracy is now being heard,” supreme leader Ayatollah Ali Khamenei
said on Monday, recalling the fate of the Soviet Union.
Hardline President Mahmoud Ahmadinejad, who is backed by Khamenei, said on
Tuesday that “it is the end of capitalism.”
Such convictions can be traced back to the ideals of the 1979 Islamic
revolution, which Ahmadinejad has sought to revive since he rose to power in
2005.
The firebrand president, who has not missed a chance to denounce Western
“decadence” since his election, has exploited the scale of the global crisis to
play up his argument.
He benefits from the luxury that the Tehran stock market has been unaffected by…..
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