Lyndon H Larouche Jr

New Paradigm Triumphs at G-20 Lyndon H Larouche Jr

China's Intention Succeeds At the G-20 Sept. 5-The Chinese intention for the Sept. 4-5 Group of 20 summit was spelled out in detail over the past months-to unite the world behind fundamental principles, acknowledging the mounting dysfunction of the existing global economic and financial structures, and institutions, and create a new paradigm based on innovation, to replace them with a new financial architecture capable of directing credit into growth and development in every part of the world. This intention has been achieved, despite wild lies and misrepresentations in the West, and especially by a humiliated and isolated Barack Obama. The institutions representing nearly the entire world outside of Europe and the United States, have united behind this vision, which is both coherent with, and indeed nearly identical with that presented by Lyndon and Helga LaRouche over the past half century. Both the BRICS nations-representing directly and indirectly most of the nations of Asia, Africa, and IberoAmerica-and the G-77, now representing 134 developing nations, released official statements fully endorsing and identifying themselves with this emerging revolution in world history. Combined with the similarly historic Eastern Economic Forum in Vladivostok on Sept. 2-3, and the ASEAN Summit and East Asian Summit to be held in Laos over the next three days, these events characterize a new momentum in the history of mankind towards ending geopolitics-i.e., British imperial divisions of the world into warring nations, religions, races, and ethnicities- and creating a new system based on the common aims of mankind. In his press conference at the conclusion of the G-20 today, President Xi Jinping said: "We can no longer rely on fiscal and monetary policy alone" to deal with the crisis. "We envision an all-dimensional, multi-tiered, and wide-ranging approach to innovation which is driven by innovation in science and technology, but goes beyond it to cover development philosophy, institutional mechanisms, and business models, so that the benefits of innovation will be shared by all," Xi said. The war-mongering Obama blathered about human rights, climate change, and the comatose TPP free trade agreement, even as the western world descends into permanent war, economic disintegration, and social degeneration. But the rest of the world was uplifted by the G-20 vision of mankind's creativity as a basis for creating a world of progress for all-including the United States and Europe, were they to end their failed imperial mindset. Xi said that the G-20 now sees itself as an instrument that can provide a "new path of economic development" for the world, based on a push for scientific and technological innovation.