The Moment of Decision

- Executive Intelligence Review; Volume 43, Issue 39

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APPEAL TO THE UNITED NATIONS GENERAL ASSEMBLY A New Paradigm for the Common Aims of Mankind by Helga Zepp-LaRouche Sept. 16-It is crucial that the General Assembly of the United Nations, now convening in New York, build on the progress that the G-20 Summit has achieved under China's leadership. That summit has set a course toward a new financial architecture, and the chance is greater than ever that all nations can participate in the building of the New Silk Road on the basis of "win-win" cooperation, and that the productivity of the world economy will rise on the basis of innovation, thus overcoming poverty and the consequences of war. The main problem, however, is that the West continues to cling to the status quo of a uni-polar world and the neo-liberal financial system, although both of those objectives have been unachievable for along time. The rise of Asia signifies that one nation will no longer be able to set the rules, and therefore solutions must be found through dialogue and negotiation. The neo-liberal system is in the throes of an existential crisis. The first tactic of the globalized uni-polar outlook, the policy of regime-change and alleged humanitarian interventions, has cost the lives of millions of people, brought untold suffering to millions more, destroyed entire regions, thus creating the breeding grounds for the spread of terrorism, and has set off huge waves of refugees. The wars against Iraq and Afghanistan alone, according to the study of Professor Neta Crawford of Brown University, have cost five trillion dollars, and have yielded this devastating result. The second tactic of the globalized uni-polar world has been to maximize the profits for the banks which are supposedly too big to be allowed to fail (TBTF). This has led to an unbearable gap between rich and poor. The TBTF banks, with their insufficient capital base, must pay the full sum of their fines for criminal methods, and declare bankruptcy, instead of being bailed out. Now, a new meltdown threatens, with even more catastrophic consequences than the collapse of Lehman Brothers in 2008, because central bank schemes and methods of financial manipulations have been exhausted and are no longer effective.

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