Dalai Lama praises Marxism for "moral ethics"

"Still I am a Marxist," the exiled Tibetan Buddhist leader said in New York, where he arrived today with an entourage of robed monks and a heavy security detail to give a series of paid public lectures.

"(Marxism has) moral ethics, whereas capitalism is only how to make profits," the Dalai Lama, 74, said.

However, he credited China's embrace of market economics for breaking communism's grip over the world's most populous country and forcing the ruling Communist Party to "represent all sorts of classes".