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Q: What is the gist of the thesis of Lyndon H. LaRouche Jr. as to what is wrong in the current world economic order? What are the great inequities of the present economic order?
Valdes: “Everything is wrong with the current economic order that’s founded on the global financial system of floating exchange rates, officially implemented in 1971 by the US unilateral withdrawal from the Bretton Woods Agreement of 1945 which is a system of “fixed” exchange rates.
This move initiated by the world’s money lenders shifted investments away from that which focused on expanding production and physical economy (generated labor) to speculative investments in casino-type markets (no employment economies). Since investments and loans (credits) were lured into speculating (gambling) and placing bets in money markets, commodity futures markets, bond markets, real estate markets and derivatives markets, the physical side of the economies, which are the labor generators, suffered a corresponding loss of credit and investments and thus started to shrink and can no longer absorb employment.
I agre that the financial markets switched from allocating investment in productive facilites to giant casinos at the behest of the big financial houses.
That was the same year(1971) we were taken off the gold standard after France made a demand payment call for a substantial part of the gold reserve from the US.
The key thing here," LaRouche said, "is, who is to blame? It was inevitable. Why was nothing done about it? It was inevitable. We warned about it. Why was nothing done? We warned that the whole thing was happening, back in our international webcast of July 2007. And we defined the precautions that should be taken all the way through. Why was nothing done about it?
"All of the current liquidity bail-out plans being floated by the U.S. Federal Reserve and Treasury, and other idiots, are total nonsense. They have to take the actions I have specified, right now—which is to freeze absolutely everything, go to a bankruptcy reorganization mode, and move immediately to call the Congress back to session. And instruct the Congress to pass my legislation, now, starting with the Homeowners and Bank Protection Act (HBPA), or else.
That was proposal was authored in 2007 and remains ignored.
LaRouche movement - Wikipedia, the free encyclopedia
The LaRouche movement- an organization with a very long, checkered past of harassment & dirty tricks hanging out in the fringe of dem party but never really endorsed by the party or its main stream membership.
I think it's interesting to note that the tactics they used long ago became a play book to promote neoconservative ideology. Note too that his stance against fed, oligarchy, globalism as it's expressed today, his insistence on sovereignty being preserved against the onslaught of 'new world order' paradigms... these all bear striking resemblance of Ron Pauls stances (on the right) as well as Tea Party issues. LaRouche predates them all.
I found myself drawn to this particular passage because it rings true with observations of 'stuck on stupid' I've witnessed for many years. Most Americans are very frustrated by government & vapid cultural trends on one level or another.
Quote:
Therefore, it is the development of national cultures, the water in which the fish of people swim in the nation, the national culture, its development, is the source of increase of the potential productivity and creativity of the people in society. And therefore, it's the idea of national mobilization, to national purpose, in this sense, in the sense of a cultural movement, which the basis upon which creativity is fostered and has been fostered in human existence. It's called, by Leibniz and others, dynamics, as opposed to Cartesian methods.
"Since nothing is simpler than our proof, it is surprising
that it did not occur to Descartes or to the Cartesians, who are
most learned men. But the former was led astray by too great a
faith in his own genius; the latter, in the genius of others.
For, by a vice common to great men, Descartes finally became a
little too confident, and I fear that the Cartesians are
gradually beginning to imitate many of the Peripatetics at whom
they have laughed; they are forming the habit, that is, of
consulting the books of their master, instead of right reason and
the nature of things.
is the concept of nation-state sovereignty based on two principles: territoriality and the exclusion of external actors from domestic authority structures.
Many academics[who?] have asserted that the international system of states, multinational corporations and organizations which exists today began in 1648 at the Peace of Westphalia.[1] Both the basis and the result of this view have been attacked by some revisionist academics and politicians, with revisionists questioning the significance of the Peace, and some commentators and politicians attacking the Westphalian system of sovereign nation-states.
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