No More Business as Usual
The COVID-19 pandemic forcefully draws the world’s sometimes reluctant attention to the true state of human physical economy, to the present state of man’s ability to “be fruitful and multiply, [to] fill the earth and subdue it.” The overripe, globalized trans-Atlantic financial system is sinking, as leaks and fissures appear more rapidly than central banks can plug them with money. To address the first crisis, with a clear understanding of the second, requires nothing less than the reconfiguration of the economy, and indeed of human culture, on a new basis, one that recognizes the inherent dignity and value of every human individual, as endowed with a spark of creative reason, utterly distinguishing them from the beasts. This spark of reason manifests itself in scientific advances and in works of immense beauty.
Helga Zepp-LaRouche has called for taking advantage of the current opportunity by closing the markets to allow for a reorganization of the obviously unsalvageable financial disaster created through decades of British economic policies. On Thursday, she explained in a webcast:
“That is why I issued a call to close the markets for a few days, in order to take the absolutely necessary reforms of the financial system, which has to start with the immediate implementation of a Glass-Steagall banking separation, followed by the other measures which we have been demanding, namely: a national bank in every country and a New Bretton Woods credit system in order to restart the economy and concentrate on the physical economy… After a quite significant delay, all the governments of the trans-Atlantic sector are clearly taking measures…
“But this is all missing one essential point: the reason why we are in this crisis has to be addressed… So, the very first step would be to close the financial markets in order to implement Glass-Steagall…. It requires the intervention of the most powerful governments in the world working together. And that is the need to have the summit of the United States, Russia, China, and India; then other countries can support that. But you need a decision on the level of the heads of government to end the casino economy, to go in the direction of a world credit system which enables a world health system. Because it should be very clear that this pandemic will not be fought in one country, but you need a health system in every single country of the world, and that is absolutely not possible under the present circumstances. So therefore, the shutting down of the financial markets is the absolute necessary first step, but it must be followed by the whole package.”
That full package includes a coordinated international health and security system to defend the human race from biological, geological, and even extra-terrestrial threats such as asteroids. That full package includes investing in the staggering breakthroughs in energy production offered by nuclear fusion, a technology that is not optional, but absolutely necessary for the next generation of human economic development. Looking ahead, that full package includes a commitment to eliminating the horrors of the current education system, and acquainting students not with formulas and facts, but with the thinking and discoveries that we take for granted today. We must create geniuses!
There can be no more delay.