Ahmadinejad up against the wall?

ISTANBUL, Turkey, Nov. 10 (UPI) -- Claims made by Iranian President Mahmoud Ahmadinejad that capitalism is dead may be a reflection of growing turmoil within the Islamic republic, analysts said.

During a speech before a summit for the Organization of the Islamic Conference in Istanbul, the Iranian president sought to boost the standing of Iran in the eyes of regional officials by heralding the dawn of a new era as the Western financial system deals with the recession.

"The thought and system of capitalism have come to an end so that a change and transformation is a must," he said.

While Tehran is quick to point to its achievements and regional standing in the face of Western criticisms, analysts note the fiery rhetoric might be as much a reflection of troubles at home than anti-Western rhetoric.

Anoush Ehteshami, who teaches international relations at the University of Durham in England, tells the Christian Science Monitor that Ahmadinejad may be speaking out of frustration.

"I think they have to do this," says Ehteshami. "Ahmadinejad's got so many problems at home, even if he restores legitimacy (with his administration), it's hard to see if he can offer anything else."

Mass protests over the disputed victory for Ahmadinejad in June presidential elections gave rise to a vibrant opposition movement in Iran, challenging the government in ways not seen in years.