Helga Zepp-LaRouche Addresses World Leaders at Rhodes Meeting
October 13, 2008 • 10:52AM

October 13th 2008 (LPAC)—Helga Zepp-LaRouche, chairman of the International Schiller Institute and of the Solidarity Movement in Germany, was among the keynote speakers at the 6th General Meeting of the World Public Forum Dialogue of Civilizations, that was held in Rhodes on Oct. 9-13. The WPF was founded and is chaired by Vladimir Yakunin, chairman of the Russian Railways company, and brings together every year political, religious and intellectual leaders from all over the globe. The conference organizers report that more than 700 people from 70 countries attended this year.

Mrs. Zepp-LaRouche spoke on Oct. 11, on the theme "For a New World Economic Order in the tradition of the Peace of Westphalia." Emphasizing the epochal character of the present collapse crisis, comparable to the 14th century collapse of civilization, she welcomed the call of leaders such as French President Nicolas Sarkozy to convene a "new Bretton Woods" conference to draft a new financial and economic order. Now, however, it is essential "to come to a common understanding on the theoretical fundamentals and principles, upon which the new financial architecture must be built, if it is to be successful. Those who think it is enough to introduce a few 'new rules' for hedge funds and rating agencies, or to suspend the EU Stability Pact to be able to sanitize banks, or to reduce the income to failed company executives, are gravely mistaken."

"In a situation as dangerous for humanity as this is," the Schiller Institute leader stated, "it is better to listen to the solutions proposed by the one economist, who has properly analyzed the problem for decades, rather than those who were still denying until recently the systemic character of the crisis, or who still claimed last August that 'the worst is already behind us." That economist is "my husband, Lyndon LaRouche," she said.

Mrs. Zepp-LaRouche then explained that in order for the new system to have credibility and integrity, "four initiating powers—USA, Russia, China, and India—should form the core of a representative group of nations which, in the tradition and spirit of the Treaty of the Peace of Westphalia, decide on a multi-cultural and multi-nation credit system, while at the same time the current monetary and financial system is put through an orderly bankruptcy process."

"The key for a successful reorganization is that the new system, as a credit system, should be oriented towards the right of a sovereign government to create state credit, such as that right is established in the U.S. Constitution, and such as it was demonstrated by the first Treasury Secretary of the United States, Alexander Hamilton, and his founding of the National Bank. In the U.S., the government can, through the Treasury and with Congressional authorization, create credit, which then becomes legal means of payment."

A second way to create credit is through international treaties, which a group of leading nations could decide to do together with the United States, Mrs. Zepp-LaRouche explained. "If a representative group of nations agrees upon a new system of credit, customs, and trade treaties, that could be the beginning of a 'New Bretton Woods System', and the last chance to prevent the daily increasing risk of chaotic collapse."

After reviewing the fundamentals of physical economy, and polemicizing against financial casinos and globalization, Mrs. Zepp-LaRouche came back to the importance of basing the new Bretton Woods on the principles of the Peace of Westphalia of 1648, which put an end to a 150-year period of warfare in Europe, and founded international law. It stated that the foreign policy of all countries should be based on the principle of "the advantage of the other."

In conclusion, Helga Zepp-LaRouche stated that we must now ask the same question, for the whole world, that Alexander Hamilton raised in the Federalist Papers for the United States: Are we "capable of giving ourselves a government and a political order, that function and live up to human dignity. Can we, at a point where the collapse of humanity is all too possible, act to give the world a political and economic order that is in harmony with the creation and the laws of the universe? I think that we can, and that that is the purpose of the individual, and of humanity!"