Barack Obama told a group of Argentinian youth that there’s no great difference between communism and capitalism.
In response to a question about nonprofit community organizations needing public and private sector funding, Obama said:
“So often in the past there has been a division between left and right, between capitalists and communists or socialists, and especially in the Americas, that’s been a big debate.
“Those are interesting intellectual arguments, but I think for your generation, you should be practical and just choose from what works. You don’t have to worry about whether it really fits into socialist theory or capitalist theory.
“You should just decide what works.”
He then went on to praise Cuba’s dictatorship under Raúl Castro, ignoring the widely known nature of Cuba’s institutionalized oppression of its people, instead recognizing the country’s “free access to basic education and health care.” Yet, he also remarked that Havana “looks like it did in the 1950s” because its (socialist) economy is “not working.”
While failing to mention the grave human rights abuses committed by Castro’s government, Obama told Argentinian youth that a market-based system “has to have a social and moral and ethical and community basis” (as if Cuban’s socialistic government had).