In providing an overview of the devastating crisis facing mankind, Helga Zepp LaRouche reminded viewers that “Systems are manmade”, and can be changed when they break down. Her husband warned as early as 1973 that the global neoliberal system brought into existence when Nixon ended the Bretton Woods system, with its cheap labor, cheap raw material policies, and the speculative casino economy which emerged, would lead to new global pandemics. If you lower living standards, he said, lower life forms will take over.
Today’s dual virus attacks, from the coronavirus pandemic and the collapse of the financial system, confirm the accuracy of LaRouche’s warnings. What makes the situation worse is the moral arrogance of the West. Those pushing Green “solutions” today would condemn mankind to a genocide far worst than that of Hitler.
Yet, there is a real resistance to those policies. She described the passion of some young people on a youth conference call with her on Tuesday, as more than 70 people engaged in a discussion of how to go from the collapsed system of today, to a New Paradigm, by mobilizing with agape, and the powerful ideas of our movement. The conversations between President Trump and his counterparts in China and Russia represent a move in the right direction—join us in organizing for our international conference, to make sure these ideas come to fruition.
In her weekly webcast today, Helga Zepp LaRouche laid out the stark choice facing humanity: Either we can act together, in cooperation and solidarity, or the future will be one of chaos, war and even more destructive pandemic disease. It is wrong to say that there was no advance warning that we would face such an existential crisis. Lyndon LaRouche was prescient in his forecasts going back to 1971, when he warned that the decision to end the Bretton Woods system, if not reversed, would plunge mankind into a Dark Age.
At present, we are seeing that warning fulfilled, in the horrors of overcrowded and under-equipped hospitals in Italy, Spain, and New York City. But we are also seeing the hope that the disease can be slowed, even halted, coming from China. The Chinese are now offering necessary medical supplies to 82 nations, as well as their expertise in countering the coronavirus. Only “insane people, or criminals” continue to push the lies which justify the anti-China rhetoric.
Zepp LaRouche also elaborated her call for a “pause” in financial trading, to allow for the implementation of Glass Steagall, and a move toward a Hamiltonian national credit system, instead of a hyperinflationary bailout of the worthless assets being traded in the casino economy. The explosion of the two crises—the pandemic and the collapse of the financial system—offer us the opportunity to come out of the crises with a new image of man, as we build the New Paradigm, in cooperation with sovereign nation states.
Schiller Institute chairman Helga Zepp LaRouche issued an urgent call on March 18, which she reiterated in her weekly webcast on the 19th, for closing down the financial system for several days, to have time to enact urgently needed reforms, beginning with Glass Steagall banking separation, to carry out a bankruptcy reorganization of the present financial system. The neoliberal system is bankrupt, she said, due to the shift, which began fifty years ago, from the fixed-exchange rate post-war Bretton Woods system, to a deregulated, speculative casino economy.
The financial crash, which is occurring simultaneously with the spread of the Coronvirus pandemic, will not be solved by more bailouts, which will only prolong the destruction of the physical economy. Further, it will undermine efforts underway to reverse the collapse of the health care system worldwide, which was taken down in the name of for-profit health care, and austerity. What is needed now is full cooperation among leading nations, a global solidarity to replace geopolitics. While there have been some positive steps in this direction, the economic measures thus far remain within the box imposed by neoliberalism, while some officials, such as U.S. Secretary of State Pompeo, continue to engage in geopolitical provocations, as in his attacks on China.
To succeed against the global pandemic, she said, we should listen to the medical team from Wuhan, which waged a heroic fight against the disease. What is needed is love, not finger-pointing. The crisis has provided us with the opportunity to shed all the axioms of geopolitics and neoliberalism, and to act instead in solidarity with our fellow human beings.
Helga Zepp-LaRouche, founder of the International Schiller Institute, called for closing the financial markets to halt the inevitable collapse of the global casino economy and to reorganize it, shutting down the speculative financial operations which have preyed on the global economy.
This is Helga Zepp-LaRouche speaking. I am the founder and president of the Schiller Institute.
It is absolutely clear, that after the roller coaster, dramatic losses of the financial markets in the recent days, the systemic crisis is spinning out of control. The only remedy to prevent a further devastation of the real economy, a dramatic increase of mass unemployment, and the loss of lives of the poor and vulnerable segments of the population is to close down the financial markets. This is the necessary first step, to then use this banking holiday to implement the reorganization of the financial system, starting with a global Glass-Steagall separation of the banks, exactly as FDR did in 1933.
The measures which were taken by the European governments and the US, such as credits for enterprises, delays in tax payments, and even possible direct hand-outs of money —the so-called “helicopter money”— while intended to keep the functions of industry, institutions, and the workforce going, will not be sufficient, because the system is hopelessly bankrupt. Most of the enormous amounts of liquidity which have been injected into this bankrupt monetary system after 2008, and then in an escalated way after September 17, 2019, have just increased the activity of the casino economy and the frenzy of the speculators. The effort by the central banks to maintain that speculative sector can only lead to a hyper-inflationary blow-out as in Germany in 1923.
The closing of the financial markets must be accompanied by an immediate emergency summit of the most important governments of the world: the US, China,
Russia, and India—supported by others—to determine the urgent reorganization of the financial system and the establishment of a New Bretton Woods System, as it was intended by Franklin D. Roosevelt and called for by Lyndon LaRouche, to restart the physical economy worldwide.
Such immediate steps are indispensable, since the coronavirus pandemic can only be brought under control if the spread of the virus is stopped and an adequate
health system is established in every country.
This is a test, to determine if humanity has the moral fitness to survive.
We are now experiencing the worst international health crisis of the past hundred years. This crisis is so extremely dangerous, because the coronavirus pandemic now coincides with the systemic global financial crisis that was already near explosion before the medical crisis broke out. The pandemic was merely the trigger. A solution exists—but only if western societies are prepared to replace all the axioms of the neoliberal model with an economic policy, which is not guided by monetarist considerations, i.e., to speculators’ profits, but guided instead by the absolute value of human life, the principles of science, and solidarity with the entire family of mankind.
Even President Macron of France has recently mentioned what can no longer be overlooked: The liberal democratic political system is ill-suited to react adequately to existential threats. The sooner Europe and the U.S.A. grasp the fact that we must take exactly the same public health measures that China took in January in the city of Wuhan and Hubei Province, the more human lives will be saved. Rather than making use of the time gained for the world by the Chinese government’s decisive actions—correctly characterized by the WHO as absolutely exemplary—the western governments have wasted priceless weeks. As a result, Europe has now become the epicenter of the pandemic and the situation in the United States is quite unclear due to the lack of testing up to this point.
But the necessary reorganization can’t be limited to the area of human health. We need a completely new paradigm in politics and economics if we are to prevent a collapse of civilization like that of the 14th Century. Many scientists in a number of nations are assuming that about 70% of the population will be infected within the next one to two years, at least until a vaccine can be developed and produced. Prof. Christian Drosten of the Berlin Charité Hospital cites a new study that says we can no longer count on a slower spread of the virus in the Spring and Summer. At the same time, it has to be assumed that the pandemic will spread further throughout the Southern Hemisphere during its Winter, and then come back to the Northern Hemisphere in the Autumn, strengthened and possibly in a mutated form.
This means that we not only have to correct the consequences of the takedown of our national public health system in the recent decades, and equip it in the shortest possible time to treat the expected number of patients. We also have to create the conditions for a global healthcare system in the short term.
The current crisis is in no way unexpected. In 1974, Lyndon LaRouche initiated what he called a “biological holocaust taskforce,” tasked to investigate the impact—above all, on the developing nations—of the austerity policy and conditionalities of the International Monetary Fund and World Bank. LaRouche and his colleagues presented the results of these studies in a series of reports that warned that the decline in living standards on several continents, which these institutions would be unleashing over the coming years, would lead to the resurgence of old plagues and the occurrence of new diseases and pandemics.
When one considers the conditions in many nations in Africa, Asia, Latin America, and even in the poorer regions of Europe and the United States today, it becomes very clear that only a global change of policy can remedy this. About two billion people currently have no clean drinking water and most so-called developing countries have nothing close to a modern healthcare system. Famine exists at the present time in several southern African countries. A locust plague, against which the international community did not act in a timely way, threatens to lay waste dozens of nations in Africa, Asia and Latin America. As a result of the so-called “wars of humanitarian intervention” and the underdevelopment already referred to, millions of refugees have fled toward Europe and America to escape danger to life and limb.
Therefore, if we want to prevent the coronavirus pandemic from spreading in waves and migrating from the Northern to the Southern Hemisphere and back—thus potentially creating the breeding grounds for additional similar and worse viruses—we must initiate radical changes.
Systemwide Changes Required
Hospitals with isolation wards must be built throughout the world, following the example of the city of Wuhan and Hubei Province, which built a total of 14 temporary hospitals, including the necessary intensive care beds. World Health Organization standards must be observed in doing so. China, for example, built facilities with 16,000 new hospital beds in just one month.
International scientific research centers must be established for research on the COVID-19 virus and other viral and bacterial pathogens. Vaccines must be developed and tested. The results of research in biophysics, nuclear biology and space medicine must be made available immediately to all nations. The point of reference for this is the conception of a Strategic Defense of Earth (SDE) developed by Lyndon LaRouche, in which the protection of human life from pandemics is one focal point.
These worldwide measures require investments that cannot be made under the conditions of the present, collapsing financial system. The current actions of the central banks in injecting liquidity into this financial system by the trillions of dollars, and even the allocation of budget funds by governments, is due to a hyperinflationary monetary explosion, and is unsustainable.
If we are to fight the coronavirus pandemic successfully, and build and equip the necessary hospitals, we need the total package of actions proposed by Lyndon LaRouche a number of years ago:
A system of bank separation must be introduced immediately on a worldwide scale, based exactly on the model of the Glass-Steagall Act signed by President Franklin Roosevelt on June 16, 1933. Commercial banks must be put under Federal protection under this system and completely separated by a firewall from speculative investment banking firms and units, which will no longer have any access to the assets of the commercial banks, nor have the privilege of being saved by taxpayers’ money. The toxic paper of these banks, including their outstanding financial derivatives contracts, must be written off. Legitimate receivables that are connected with the real economy or with pensions and other assets of working people should be classified as valid in the new system as well. Some types of claims for payment must be provisionally frozen and reviewed for validity by Federal institutions.
A national bank must be founded in each country, in the tradition of Alexander Hamilton or on the model of the German Kreditanstalt für Wiederaufbau (Reconstruction Finance Corporation) after World War II. Their purpose is to supply Federal credit for productive investments that will provide the physical economy with the necessary funds. The issuance of these credits must be guided by the principles of high energy-flux density and an optimal increase of the productivity of productive capacities and the powers of labor, through an emphasis on scientific and technological progress.
Among the participating countries, a system of fixed parities must be established, and cooperation treaties must be established among sovereign states for the purpose of well-defined infrastructure and development projects. These treaties together represent in fact a New Bretton Woods system as it was intended by Roosevelt, with the explicit intention of providing credit for the industrial development of the developing sector.
An urgent increase in the productivity of the world economy—to accommodate a world population of presently almost eight billion people —must be facilitated through an international crash program for the realization of thermonuclear fusion power and other advanced technologies, in such fields as optical biophysics and life sciences, in order to find solutions for challenges such as the coronavirus. This increase in productivity must also be enabled through international cooperation in space technology and travel, which can establish the necessary next higher economic platform for the world economy, as this concept has been developed by the economist Lyndon LaRouche.
The only institutions which can carry out such a worldwide program are the leading governments of the planet, which must be representative of the entire world’s population in their composition. Therefore it is in no way sufficient that the governments of the G7 should agree among themselves; these solutions can be implemented only with the involvement of Russia, China and India.
That also means that geopolitics must finally be overcome and replaced by the idea of the common future and goals of mankind. If we do not want to fall into a new dark age, we have to replace neo-Malthusian ideas, the anti-scientific “Green New Deal,” monetarism and Eurocentrism with the ideas of physical economy, guided exclusively by the scientifically provable principles of the laws of the universe.
And finally, perhaps the most important change which we must make in our thinking: We need a new humanist Renaissance, a renaissance of classical culture. For the world has been brought to this point not least by the unbounded hedonism which went along with liberal and neoliberal democracy. The moment has arrived when the ideology of “anything goes” must be put aside. We will overcome this crisis only if we are inner-directed in accord with the love of humanity. But it is for that, after all, that we are human beings!
Tuesday, March 31 at 10:00 am EDT (16:00 CET). The world is in a grave crisis which is unlike anything before. The good news is that, given that it is the terrible policies of the past decades that have put us in this situation, it will be impossible to “go back to normal.” Helga Zepp-LaRouche has called on young people of the world to take leadership at this moment of great change to fight the two deadly viruses now threatening humanity—the coronavirus pandemic and the meltdown of the global financial system. The world must emerge from this crisis with an entirely New Paradigm of peaceful relations among nations, and a new economic system based on cooperation for the progress of all humanity. As is becoming more and more stark with the coronavirus pandemic, an urgent priority will be to build a modern global health system to ensure the right to life of all people on the planet.
This video conference is an opportunity for young people across the world to speak with Helga Zepp-LaRouche and join the fight for this New Paradigm. After opening remarks by Helga, representatives from each nation will give a 2-4 minute report on their organizing, and a Q&A will follow.
It is essential, Helga Zepp LaRouche said today in her Schiller Institute webcast, to address, without panic, the looming danger of a possible pandemic of Corona Virus, coming as we face a potential financial crash and a continuing danger of war. In addressing these dangers, don’t fall for the line that the Corona Virus might cause a financial crash; while it could be a trigger, in reality, the danger of a pandemic outbreak has been made possible by the destructive neo-liberal economic policies which were brought in with the paradigm shift of 1971.
Just as Lyndon LaRouche forecast that shift, and the damages it could inflict on mankind, he consistently presented an alternative. Today, that requires a mobilization to use an emergency summit to introduce a New Bretton Woods, backed by a 4 Power agreement; and his Four Laws, which represent a “precondition” to realize a successful transition to a New Paradigm. In reviewing the challenges ahead, she called on Schiller Institute members and supporters to act to stop the locust swarms in east Africa and southwest Asia, which threaten to produce “food insecurity” for 30 million people—meaning starvation conditions—as this is the test of moral fitness for survival.
This means defeating the racist, colonial mindset which still dominates the West, along with the anti-Russia, anti-China frenzy, pushed by the same networks which are responsible for the “endless wars” that President Trump is working to end.
The “overwhelming optimism” of Trump’s State of the Union address (SOTU), combined with his likely acquittal in the Senate vote later Wednesday, create a moment of optimism in which it is possible that the strategic and financial crises threatening mankind can now be resolved. With Trump freed from the threat of being removed from office, Helga Zepp LaRouche called on viewers of her weekly webcast to support him in a full break with the geopolitical doctrines which have created the crises. She emphasized a mobilization for full funding for the Artemis program, for an emergency summit between Trump, Putin and Xi, and the exoneration of LaRouche, as among the most crucial battles ahead.
The exoneration of her husband, she said, would enable people to study his ideas, in economics, history and science, to rise to the level of strategic thinking necessary to take advantage of this moment. One of the real problems we face, which can be overcome by familiarity with LaRouche’s method, is that the connection between Energy Flux Density, and Potential Relative Population Density, is not understood.
In contrast to the optimism of the moment, she spoke of the “Rumpelstiltskin Moment” of Nancy Pelosi; the debacle of the Iowa Democratic Caucuses; the “barrage of racism” against China on the Corona Virus; and the Bloomberg campaign’s championing of Green fascism, as examples of the threat which must be overcome. 2020 is the year that the old system likely will collapse—let’s make sure it is replaced by a New Paradigm, which acts in the interest of the Common Aims of Mankind.
The BRICS international website, infobrics.org, recently published an article with the banner headline, “Can the BRICS Be a Catalyst for a New International Monetary System Based on Infrastructure Development?,” by Paul Gallagher of Executive Intelligence Review (EIR) and Richard A. Black of the Schiller Institute. The 2,000 word article proposes solving the current monetary meltdown crisis by applying the economic science of Lyndon LaRouche for national development to the BRICS’s currently under-utilized New Development Bank (NDB) and proposes the creation of a new Russian Bank for Infrastructure and Industry. The article was submitted to the BRICS by the Russian National Committee on BRICS Research.
After outlining the explosive danger created by current Anglo-American monetary policy, the article points to a solution:
“Two members of the BRICS, China and Russia, are already involved in new initiatives which are breaking with the old patterns of non-investment in infrastructure: China’s Belt and Road Initiative (BRI) and the Russian Federation’s plan to “light up Africa” with nuclear-power vectored electricity generation. The American physical economist, Lyndon LaRouche, had shown in research papers published over many years, that major infrastructure—high-speed railroads, third and fourth generation nuclear power, major water management systems—are the central and irreplaceable producer of added value in a national economy. LaRouche had shown that “the actual role of infrastructure in a viable form of economy… amplifies the productive powers of labor, a science-driven increase of physical productivity at the point of production.” Let us examine how the New Development Bank of the BRICS could be expanded in size and in conception to become a seed-crystal for a new monetary system for development.”
The proposed creation of a Russian Bank for Infrastructure and Industry is then used as a template, showing the way for the creation of other such national banks, as well as US participation, based on the proven principles of Hamilton. Read the full article >>>
What really happened in 1989, when the Berlin Wall came down, and what can we learn from investigating the events of that historic period? In reviewing the reality of what actually happened thirty years ago, when the Berlin Wall was brought down, in contrast to the official narrative put forward by the neoliberals and geopoliticans, Helga Zepp LaRouche makes a passionate case for why this time will be different. The chance for world historic change exists briefly, but this time, she says, the opportunity is bigger. In contrast to 1989, when only the forces associated with her husband, Lyndon LaRouche, and the Schiller Institute, had a strategic plan, today there is the Belt-and-Road Initiative, and a growing recognition that a new crash is coming, and that sticking with the Old Paradigm imposed by the British Empire would be deadly.
She presents the decisive issues of 1989 as one who participated in them, and explains how the British Empire survived then, through assassinations, threats, and corruption, including the jailing of her husband. But the New Paradigm which is emerging globally, shaped by the ideas of LaRouche, is increasingly seen as the only viable option today, as the danger of a new crash has increased. Those defending the old order in Europe and the U.S. are increasingly exposed, with the investigations into the origins of Russiagate bringing out more evidence daily.
Now is the time to read the works of Schiller, she said, to become aware of the potential for each human being—including yourself!—to become a beautiful soul, and to use this discovery to become a force in making history, to make sure that humanity does not miss this opportunity.