Cultural Reconsideration of Capitalists
“As long as capital is deemed ‘unclean’ and poverty an ‘honor’ by some, we will fail to reach the targets, ” said the President in the conference of the Judiciary among the directors of three governing bodies. “When one’s wealth is revealed, they will have to pay taxes, but will have to tolerate the ill - intentions of others towards their wealth. We need to refine our culture. There are still those who see capitalism in contrast with values. ”
"As long as capital is deemed 'unclean' and poverty an 'honor' by some, we will fail to reach the targets," said the President in the conference of the Judiciary among the directors of three governing bodies.
"When one's wealth is revealed, they will have to pay taxes, but will have to tolerate the ill-intentions of others towards their wealth. We need to refine our culture. There are still those who see capitalism in contrast with values."
It's not the first time that Hassan Rouhani criticizes the opposition against capitalism. Back in October 2012 - the year of national production, support for Iranian labor and capital- Rouhani, the then president of The Expediency Discernment Council of the System said in a conference: "Unfortunately a wrong definition of capitalists and capitalism has penetrated our culture. Some observe capitalists as leeches and economic terrorists, but it's absolutely unacceptable. We need to value both workers and capitalists equally. Without capitalists, nothing can practically be done. Investment and production needs social status. National wealth is equal to national power and prestige and we must value the investors and national wealth."
In a press conference on the verge of his second year of administration, Rouhani stressed: "It's a flawed belief to want to remain poverty and not anyone prosper and get rich. It goes back to our culture and worldview. We have to trust capitalists. That one becomes rich and one doesn't only brings about more controversy and opposition inside the country. That we do not secure the investment of capitalists is a wrong idea. Capitalists will enjoy security in our system and we obey nothing but the word of law in this regard."
Portraying a positive image of capitalism and honoring national wealth are on the president's agenda. In a summit among a number of economic players of Hormozgan province, Rouhani said: "It's the government's top priority to reinvigorate the private-sector by attracting Iranians all around the world to invest in their homeland. The government has thoroughly supported foreign investors, especially the Iranians living abroad."
Rouhani was confident that Iranians abroad will invest their capital for the benefit of their country and will drive foreign investments in Iran as well. The priority of attracting Iranians abroad ahead of foreign investors has been one of Rouhani's promises during his presidential campaign. According to Hassan Ghashghavi, Deputy Foreign Minister for Consulate Affairs, the total capital of Iranians in Canada and the US is estimated to be around $400 billion while possessing $800 million inside Iran. This staggering number is equal to years of the country's oil revenues.
Seyyed Mahmoud Alavi, the Minister of Intelligence recently said: "Supporting investment doesn't stand for supporting capitalism. Islam has paid so much attention to productive investment and creating job opportunities. Investors and capitalists seek security in investment and the government is focused on providing capitalists with the right situations to invest."
It seems that President Rouhani looks forward to providing a secure condition for investment through a change of approach in Iranians.
Rouhani once asserted: "Some still praise domestic poverty and scorn foreign investors with pride. I will bring back the pride and dignity to my people. I will revive national power with the aid of my people."
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