"Ecuador’s transformation during the presidency of Rafael Correa (2007-2017) and The Citizens Revolution stands as great step forward for the worldwide struggle against the 1%. President Correa... came to power in a country controlled by a super-rich elite, dependent on oil and commodities exports. Ecuador still suffered from the devastating effects of corrupt banker dealings, which caused the currency and peoples’ savings to lose two-thirds of their value, leading to the US dollar becoming the new national currency. Governments preceding Correa instituted neoliberal austerity and privatization programs, causing inequality, poverty and unemployment to soar. Ecuador became one of the poorest and least developed nations in the region. Poverty rates reached 56% of the population, and from 1998-2003 close to 2 million Ecuadorans out of a population of 12-13 million, over 1 in 10, had left the country for economic reasons. William Blum, in Killing Hope, wrote that the CIA in Ecuador “infiltrated, often at the highest levels, almost all political organizations of significance, from the far left to the far right... In virtually every department of the Ecuadorian government could be found men occupying positions high and low who collaborated with the CIA for money. At one point, the agency could count among this number the men who were second and third in power in the country.” Ecuador was also saddled with the US’s largest air base in the region at Manta, instrumental in Plan Colombia and in enforcing international banking and corporate rule over Ecuador."
Quote Details
Added by wikiquote-import-bot
Unverified quote
0 likes
Original Language: English
Available Languages (1)
Sources
Accomplishments Under the 10 Years of Rafael Correa’s Citizen’s Revolution, CounterPunch, by Stansfield Smith (14 April 2017)
https://en.wikiquote.org/wiki/Ecuador
Revision History
No revisions have been submitted for this quote.
Categories
Ecuador
25 quotes on TrueQuotesView all quotes by Ecuador →
Related Quotes
"On November 15, 2023, the Constitutional Court of Ecuador rendered a decision whose grounds were published on Decembe…"
"Driving from toward Shell on this sunny day in 2003, I thought back thirty-five years to the first time I arrived in …"
"Because of my fellow EHMs and me, Ecuador is in far worse shape today than she was before we introduced her to the mi…"
"Ecuador is typical of countries around the world that EHMs have brought into the economic-political fold. For every $…"
"Jaime Roldos of Ecuador, who I also was involved in trying to bring around, he very strongly opposed our oil companie…"
"There was a president elected, the President of Ecuador, Gutierrez, a few years ago and he ran on a very, very strong…"
"For birds, Ecuador offers nothing short of a tropical paradise. Virtually every habitat is represented, from coastal …"
"When Rafael Correa first ran for Ecuador’s presidency in 2006, supporters at his rallies brandished belts in homage t…"
"Ecuador, still a relatively poor Third World country, has made achievements we can still only dream of here: free hea…"
"Stashed his trash in Ecuador, bought a good suit of clothes. Flew on up to Mexico, standin' by the shore."