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October 24, 2009 (LPAC) — This week's issue of the popular Russian newspaper Zavtra, dated Oct. 21, features on its front page a discussion with American economist Lyndon LaRouche, under the headline "Our Last Chance." Based on an interview of LaRouche by Zavtra deputy editor Alexander Nagorny done Oct. 10, on the sidelines of the World Economic Forum - "Dialogue of Civilizations" on the island of Rhodes, Greece, the publication presents LaRouche's incisive ideas on dealing with the crash of the existing global, monetarist system.

The Zavtra interview is rapidly spreading through Russian-languge Internet sites, appearing today on Biznes Online, the Rossiya - Ring of Patriotic Resources portal, and the site of the Movement for the Rebirth of Russian Science. Quotations in this report are from Zavtra's version of what LaRouche said, a Russian translation which paraphrased LaRouche's original formulations with considerable accuracy.

LaRouche told Zavtra that the world is facing two interrelated historical problems. One is the utter bankruptcy of monetarist economic policies, which are rooted in the Middle Ages (in the original, LaRouche spelled out their Venetian provenance). Those policies are now "leading the world to a total crash." The second problem, LaRouche linked with V.I. Vernadsky's conception of the biosphere and the noosphere: the exhaustion of natural resources by human activity, faster than mankind is restoring and creating such resources through technology.

In Zavtra's words, LaRouche says that "the current crisis cannot be harnessed and defeated, without solving both these problems; we must do away with the world monetarist system of global finance, and build a new system, a productive economy in accord with Vernadsky's principles."

Zavtra highlights LaRouche's counterposition of the Hamiltonian American System of political economy, oriented toward "physical economy," to the monetarist swindles and financial bubbles of recent years. In addition, the write-up of LaRouche's briefing includes his sharp distinction of the post-Roosevelt Keynesian approaches — because of Harry S Truman's dirty deals with Winston Churchill, as against Franklin Roosevelt's continued orientation toward American System physical economy. Also included is LaRouche's denunciation of the phoniness of current claims that a recovery is going on in the United States, or anywhere else.

LaRouche's reply to Nagorny's question, as to whether or not President Obama would support LaRouche's initiatives, Zavtra gave as follows: "In no way. Obama is an agent of influence of that same oligarchical finance capital, which I describe as the British Empire. Among his appointees are a great number of people like Larry Summers, a direct representative of these circles, who is known in Russia and the world as a thief. He's the one responsible for the pseudoanticrisis program in the Obama administration, which is only funneling additional gigantic sums of money to their friends."

By way of contrast, Zavtra included LaRouche's description of his Homeowners and Bank Protection Act, which would have worked in 2007. Now, the paper cites LaRouche, a point of no return has been passed. Derivatives and similar financial instruments must be banned. "But, that is not enough," said LaRouche in Zavtra's summary, going on to present the American thinker's "four powers" conception:

"Now we are in the middle of a crisis, which could blow up the entire planet in a chain reaction at any moment. ... While 80% of what a country needs for its economic security used to be internally provided, in the period of globalization the ratio goes the other way. That is why I propose to approach the global crisis not so much from a national platform, as through joint actions by key nations in the world economy. That means China, the USA, India and Russia. If these nations take a unified line for the reorganization of world finances, and initiate and force the implementation of a restructuring of the world financial and credit systems in the framework of a Rooseveltian model of physical economy, then the world has a chance to avoid catastrophe."

According to Zavtra, LaRouche called monetarism "the plague of the world," since the time of the Peloponnesian wars. "We must subordinate the money system to the power of sovereign nations," is Zavtra's concluding report of LaRouche's words.