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A Global Coalition Emerges:
Productivity, Not Money!
by Nancy Spannaus
Aug. 18``The world has suddenly changed for mankind,'' Lyndon LaRouche said on Aug. 12. The old values and alignments, ensconced in the dying trans-Atlantic financial system, are being abandoned, and China, Russia, Indiaand many other nationsare falling into line with a new system, of which the developments around the new institutions established by the BRICS (the organization of Brazil, Russia, India, China, and South Africa) are emblematic. At the core of this is a new system of value, based on the productive powers of labor, and a new platform of productivity, with the future power of a helium-3-fueled fusion economy.
The new system emerging starts with recognizing that valuation by money and the markets is dead. As LaRouche put it during his Aug. 15 webcast, ``So, all of these things about worrying about money: Don't worry about money! Money is often more a disease than it is anything else. What we're going to have to do, is we're going to have to make a fundamental change in our entire economy. And this is being done now....'' To complete the transition, peacefully, requires bringing in the United States, through actions that begin with implementing Glass-Steagall, and the rest of LaRouche's Four Laws of physical-economy (see EIR, June 13, 2014). That is the challenge that now faces political leaders in the U.S., in the form of removing the obstacles to that transitionstarting with House Speaker John Boehner, President Obama, and then, the whole Wall Street system. ... |
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- A Global Coalition Emerges:
Productivity, Not Money!
A new system of value is emerging in the aftermath of the BRICS Summit in Brazil in Julya system based on the productive powers of labor, and a new platform of productivity, with the future power of a helium-3-fueled fusion economy.
- Egypt Sets New Course for Economic Progress;
Will It Join the BRICS?
President al-Sisi has begun re-orienting his nation away from the catastrophic policies of the British Empire, and has embarked on the road to survival and economic development, including a 'New Suez Canal.'
- ASEAN Says No to U.S. War, Austerity, Yes to Joint Development with China
Despite President Obama's effort to isolate China, the ASEAN Regional Forum in Myanmar achieved quite the opposite result.
- Is Argentina Moving Toward New, 'War Economy' Measures?
Argentina may well be planning stepped-up 'war economy' measures to deal with the financial warfare being launched against it, led by the vulture fund assault with backing from the U.S. Supreme Court.
Economics
- Ebola Outbreak Threatens Global Biological Holocaust
The Ebola outbreak poses the reality of impending biological holocaust, as a result of enforced primitive economic conditions, such as the austerity imposed by the IMF and World Bank's Structural Adjustment programs.
- Italy at a Crossroad:
European Nightmares or Glass-Steagall
Italy's poor economic figures have been used as pretext to threaten a takeover of the Italian economy by the Troika, Greek-style. This, in turn, has increased support among the opposition, for a break from the euro and a Glass-Steagall reform.
International
National
Science
- China's Path To Becoming a Knowledge-Based Economy
By almost any indicator, China is moving as quickly as it is able to meet its goal of becoming a knowledge-based economy. The labor-intensive, export-oriented policies of the last three decades are being superceded by advances in science, translated into new technologies, directed to transform the productive workforce of China, through education, and a transformation in the standard of living, and the cultural level, of the population.
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