The Schiller Institute calls for a new Bretton Woods to end war and economic crisis

Helga, who started the institute, and Lyndon LaRouche counted Indira Gandhi and President KR Narayanan among their supporters.

Helga, who started the institute, and Lyndon LaRouche counted Indira Gandhi and President KR Narayanan among their supporters.

The global think tank, the Schiller Institute, which recently made headlines for organizing an international conference on the war in Ukraine and the economic crisis, was shaped by the ideas of the late American economist Lyndon LaRouche who witnessed the 1946 community carnage in Kolkata, said Ms. Helga LaRouche, who founded the institute in 1984. In a telephone interview with The HinduMs LaRouche said her late husband had served as a US soldier in the China-India-Myanmar theater during World War II, and his ideas against British imperialism were shaped during that time and through interactions with a long lineage of Indian leaders which included Prime Minister Indira Gandhi.

Ms LaRouche said a watershed moment in world economic history occurred in 1971 when President Richard Nixon ended the convertibility of the US dollar into gold. Lyndon LaRouche wrote in favor of developing economies and criticized the so-called “Nixon Shock” saying it would encourage speculative economic activities and greater inequality. Some of these ideas found expression in the 1976 Colombo Resolution of the Fifth NAM Summit which called for a New International Economic Order (NEIO) to help non-aligned countries. Ms. LaRouche argues that the effects of Nixon Shock continue to be felt in the economic crisis of the 21st century.

She said that the new international economic order has become the main economic thought of the non-aligned countries, but it could not be implemented due to a series of political unrest that hit countries like India. India, Sri Lanka, Pakistan and other leading members of NAM in the 1970s and 1980s.

The LaRouches met Indira Gandhi five years later in Delhi, when Indira showed interest in having economic ideas that would shield India from the volatilities of international finance. They last met Indira Gandhi in 1983 in Delhi. “She was truly a leader. I can’t find anyone like her in the contemporary world. We discussed with her economic issues, the history of the Gupta Empire and the grammar of Panini. She spoke French,” said said Ms. LaRouche, who established the Schiller Institute in 1984 and currently lives in Germany and looks after the institute’s work in several countries.

After the assassination of Indira Gandhi, Lyndon LaRouche published a book called “Derivative Assassination” which looked at the global dimensions of Khalistan terrorism and the circumstances that may have played a role behind this incident. Subsequently, the LaRouches traveled to India on several occasions to meet with economists such as the late Arjun Sengupta, author of a landmark 2005 report on labor rights in the unorganized sector. Other Indians who have met the LaRouches include President K. R. Narayanan who hosted them at Rashtrapati Bhavan on December 5, 2001.

“Interventionist Wars”

The LaRouche tradition relying on the Non-Aligned Movement failed to have the expected global impact as key figures like Indira and her son Rajiv Gandhi, and several high-profile figures were assassinated or became politically non-political. relevant. She also blames the “interventionist wars” waged by Western leaders in Iraq, Afghanistan, Syria and Libya for the current global turmoil. She sees President George HW Bush as the pioneer of “interventionist wars” because of the 1991 Gulf War.

In April this year, the Schiller Institute organized a global conference attended by 75 speakers, including retired diplomat PS Raghavan, journalist Saeed Naqvi and Sam Pitroda, former adviser to Prime Ministers Rajiv Gandhi and Manmohan Singh. Earlier this month, a Ukrainian counter-disinformation center that combats Russian propaganda online published a list of 75 commentators – including the three Indians – whom they accused of promoting Russian propaganda. Ms LaRouche said in response that the Center for Combating Misinformation suffers from “conspiracy theory syndrome”.

Ms LaRouche, however, hopes that despite the crisis in Ukraine and the global economy, a number of traditions – including non-alignment – have resurfaced. She criticized Western policymakers for not taking corrective action to deal with past economic crises like the Lehman Brothers crash in 2008. “They didn’t address the reasons for the crisis. Instead, the Obama administration covered it up,” said LaRouche, who warned that the international economic stress is such that it could “blow up” the neoliberal system. She also criticizes Western perceptions of Russia that came to dominate politics in Washington DC after the fall of the Soviet Union.

“When the USSR collapsed, we proposed a development corridor – a Eurasian land bridge – that would help with economic development. Instead, they started to see Russia as an ex-superpower that would eventually become a commodity-producing Third World country. Mr. Obama once even described Russia as a regional power,” LaRouche said, explaining the policy mistakes in Western capitals, adding, “If we don’t bring the United States and Europe on a new path, towards a new system [new Bretton Woods]the danger of war is only getting worse”.

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