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Yahoo! My Yahoo! Mail Yahoo! Search Search: Sign InNew User? Sign Up News Home - Help Navigation Primary Navigation Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Secondary Navigation Africa Europe Latin America Middle East North America Search Search: Gorbachev calls for perestroika in West AFP - Sunday, June 7 WASHINGTON (AFP) - - Former Soviet leader Mikhail Gorbachev called for a perestroika, or top-to-bottom reform, in the West, arguing that its current economic model was "unsustainable" and needed replacement. ADVERTISEMENT Commenting on the current global economic crisis, the ex-Soviet president who presided over the collapse of his country, said that it was now clear to him "that the new Western model was an illusion that benefited chiefly the very rich. "The model that emerged during the final decades of the 20th century has turned out to be unsustainable," Gorbachev wrote in an op-ed piece in The Washington Post. "It was based on a drive for super-profits and hyper-consumption for a few, on unrestrained exploitation of resources and on social and environmental irresponsibility." Gorbachev predicted "perhaps even greater upheaval down the road" and insisted that the current economic and social model existing in the West needed replacing. "I have no ready-made prescriptions," Gorbachev said. "But I am convinced that a new model will emerge, one that will emphasize public needs and public goods, such as a cleaner environment, well-functioning infrastructure and public transportation, sound education and health systems and affordable housing." From the mid-1980s, Gorbachev was the initiator of a series of fundamental reforms in the Soviet Union. Email Story IM Story Printable View Blog This Sign in to recommend this article » 0 users recommend Related Articles: World Huge fire near Istanbul under control: mayorAFP - Monday, June 8 Netanyahu to lay out peace policies next weekAFP - Monday, June 8 Israel to pay victims of Hebron settler violenceAFP - Sunday, June 7 Lebanese vote calmly in high-stakes electionReuters - Monday, June 8 Lebanese flock to polls in high-stakes voteAFP - Monday, June 8 Enlarge Photo Former Soviet leader Mikhail Gorbachev called for a perestroika, or top-to-bottom reform, in the West, arguing that its current economic model was "unsustainable" and needed replacement Most Popular – World Viewed Carradine may have died from sex act: Thai police Wall Street ponders if rally can run further Susan Boyle out of London clinic: brother Black boxes may never be found: crash investigators World 'getting closer' to swine flu pandemic: WHO View Complete List » Search: Home Singapore Asia Pacific World Business Entertainment Sports Technology Top Stories Most Popular Copyright © 2009 Yahoo! Southeast Asia Pte Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Privacy Policy - Terms of Service - Community - Intellectual Property Rights Policy - Help

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