Inequalities remain main challenge
Social Welfare Minister Rashed Khan Menon said that the globe is currently facing religious and economical inequalities as the major challenges. He advocated for mass uprising to tackle the challenges. "Some 8 people have more than 50 percent wealth of the planet severely endangering the humanity. The inequality, from the western part of the world, ebbed down to South Asia," the president of Workers Party Bangladesh expressed his concern.
Menon came up with the remarks while inaugurating a conference of the left leaning parties of South Asia at a city hotel yesterday. The conference titled 'Asian Assembly of Peoples Movement & Organization' was presided over by Prabir Purkayastha. Former Prime Minister of Nepal Madhav Kumar Nepal presented the keynote while Communist Party president Mujahidul Islam Salim also spoke.
The speakers said: "Capitalism is experiencing a prolonged crisis and is forcing structural changes in the global economic system to perpetuate its hegemony. These changes are devastating livelihoods of people across the countries.
They are also promoting conflicts and wars in different parts of the world, while the planet itself stands on the brink of a catastrophe as a result of mindless exploitation of its resources by the extractivist model of capitalist development." The speakers termed capitalism as the common "enemy" and said "socialism is the only way out."