"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."
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Heads of stateLatin American revolutionariesCatholic socialistsSocialists of the 21st centuryEconomists from Ecuador
Original Language: English
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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/Rafael_Correa
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Rafael Correa
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