Saturday, May 31, 2008

The Future of Civilization hangs in the balance

by Helga Zepp-LaRouche (LPAC)--May 26, 2008
"The battle between the proponents of ''British imperial free trade''' and the defenders of the general welfare and of food security, is the most important conflict facing us today, because the future of civilization hangs in the balance...

Not a moment too soon, a group of seven former European heads of state, five former finance ministers, and two former presidents of the European Commission, including former EU Commission head Jacques Delors, former French Prime Minister Michel Rocard, and former German Chancellor Helmut Schmidt, have gone public with an open letter to the EU Presidency and the EU Commission. They warn that the systemic collapse of the global financial system--a collapse which had been foreseen by ``farsighted individuals''--brings with it the threat of unprecedented poverty, the proliferation of ``failed states,'' migration of entire populations, and further military conflicts. The financial world, they argue, has accumulated a massive amount of ``fictitious capital'' (!), with very little improvement for humanity. Among the immediate countermeasures they propose, is creation of a European Crisis Committee, and the convening of a world financial conference to ``reconsider'' the current international system and the globalized world order.

Although their letter, which was made public on May 21, does not expressly state so, its unusually sharp tone clearly reflects that the signers are aware of the imminent danger of the eruption of a new fascism: ``But when everything is for sale [for profit--HZL], social cohesion melts and the system breaks down.'' And even though the letter's call for an emergency conference does not use the term ``New Bretton Woods system,'' its tenor clearly reflects

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