-Caveat Lector-

By PASCAL FLETCHER

HAVANA (January 23, 1999 2:21 a.m. EST http://www.nandotimes.com) - Cuban
President Fidel Castro said on Friday he knew "almost absolutely nothing"
about economics but predicted that the system of global capitalism is
unsustainable and could only end in crisis.

Ending a conference in Havana on "Globalization and Development Problems,"
Castro said he believed the existing world economic order of "neoliberal
globalization" would be replaced in coming decades with a globalization "of
solidarity, socialist, communist or whatever you want to call it."

The 72-year-old Castro delivered his summary in what he called a "wire
service" style of staccato questions and answers, drawing laughs from the
audience.

"What kind of globalization do we have today? A neoliberal globalization ...
Is it sustainable? No. Can it last for a long time? Absolutely not," he said,
reading from notes.

"Sooner rather than later, it will have to cease to exist," Castro added. He
was repeating an argument he has defended in recent months that "neoliberal"
capitalism was doomed to disappear.

Castro added: "Do I see myself as a prophet or a fortune teller? No. Do I know
much about economics? Almost absolutely nothing."

But he forecast that "neoliberal globalization" would end after passing
through "deep and catastrophic crises. That's the most likely -- almost
inevitable," he said.

Castro said "ideas and consciences" would be the weapons with which to forge a
more humane world order. "Is this a Utopia, a dream among so many others? No.
Because it is objectively inevitable and there are no alternatives," he said.

The five-day meeting of 600 economists and academics from 51 nations was
promoted by Castro to discuss globalization.


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