On “Talk Africa” Freeman Discuses Geopolitical Attack on South Africa and Value of AGOA

Watch the discussion on Talk Africa from February 22, 2024

February 27, 2024

Talk Africa above, I discuss that the geopolitical faction in the United States is targeting South Africa because it will not submit to being controlled by the so called international rules-based order. South Africa is a important nation in Africa, a member the BRICS, and a leader in the Global South. It maintains close economic relations with China and has strong political ties with Russia. Sadly the U.S. executive branch, and the Congress, focus on countering China and Russia, but lack a consistent positive US-Africa policy,

Talk Africa below, I discuss that AGOA is insufficient to meet the needs of Africa. It is not transformative, and does not address the massive poverty and infrastructure deficits that hold back the economic development of African nations. There is only one valid measure for true economic progress: the increase in the per capita material standard of living of Africans.

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com

Non-Aligned Movement Spreading Across The Globe

Bandung 1955, Nehru of India, Nkrumah of Ghana, Nasser of UAR/Egypt, Sukarno of Indonesia and Tito of Yugoslavia

January 25, 2024

Western media and governments, led by the United States are attempting to dismiss the growing dynamic by the “Global South” to chart an alternative path of development free from Western domination. In Washington DC, one can witness the palpable fears of de-dollarization, the rise of China’s leadership in the developing world, the expansion of the BRICS, and the declining dominance of the U.S. hegemon.

Below is a report by EIRNEWS of the recent meetings by the Non-Aligned Movement and the Third South Summit, organized by the G77+China, in Kampala, Uganda.

Representatives of the entire “Global South” have been meeting for over a week in Kampala, Uganda at two back-to-back summits on the central topic of creating a world system which is fair and just, in which their nations participate in making the decisions on how that system functions, so that their peoples, too, can develop.

The 19th Non-Aligned Movement (NAM) Summit, held Jan.15-20, was followed Jan. 21-22 by the Third South Summit, organized by the G77+China, the grouping of developing countries founded in 1964 to jointly defend the collective economic interests of its members on major international economic issues at the UN and its relevant institutions. Members in the two groupings strongly overlap but are not synonymous. The NAM, with its historic roots in the 1955 Bandung Conference, today has 120 member nations from Africa, Asia and Central and South America, 20 observer states, and 11 organizations (such as the African Union and the Arab League). While it still keeps its original name, the G77+China now has more than 130 member states.

The theme of the G77 summit was “Leaving No One Behind.” Ugandan President Yoweri Museveni “called on leaders in the world to support each other’s prosperity and ensure that no one is left behind.” He asked the central question of the day: “I wonder why global economic actors fail to understand that the prosperity of the entire world population benefits everyone, instead opting for policies that keep the majority in poverty.”

The Kampala Declaration issued at the end of the NAM Summit has a fighting tone. Targeting, for example, evil imperial practices which violate the sovereignty of nations protected under international law and the UN Charter, such as imposing coercive sanctions on nations.

And right from the outset of the Declaration, the right of Palestine and Palestinians to exist is asserted as their fight, as they reaffirmed “the importance of the Question of Palestine to the Non-Aligned Movement.” Expressing grave concern at “immense loss of life and injury, widespread destruction of their homes and massive forced displacement” being imposed on the Gaza Strip by Israel, and the violence against the people of the West Bank, they take note of the case against Israel for genocide against Gaza filed before the International Court of Justice by South Africa, “a member of the movement,” themselves “strongly condemn the illegal Israeli military aggression on the Gaza Strip, the indiscriminate attacks against Palestinian civilians, civilian objects, the forced displacement of the Palestinian population and further call for an immediate and durable humanitarian ceasefire.” 

Read PD Lawton’s post below:

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com

Freeman Keynotes Abebe Bikila Awards: A Historic Figure Needed to Unite Ethiopia

Abebe Bikila running barefoot at the 1960 Olympics in Rome. The Ethiopian native took gold in that race, crossing the finish line in a record time of 2:15:16.

October 8, 2023

On Saturday, September 23, 2023, the much-anticipated 2023 Bikila Award Celebration and Gala Dinner graced the splendid venue of Daniels Spectrum in Toronto.

Distinguished guests and luminaries gathered to make this night an unforgettable experience. Hon. Dr. Jean Augustine, an iconic trailblazer and past member of the Canadian Parliament, captivated everyone with her presence. Renowned author and Africa’s trusted Political-Economic Analyst, Dr. Lawrence Freeman, shared invaluable insights.

The mission of Bikila Award is to foster academic, professional, and business excellence and promote volunteerism among persons of Ethiopian origin, primarily through award and recognition. Bikila Award is created mainly to empower young people to reach their highest potential and to celebrate their achievements.

Bikila Award realizes its mission by undertaking various relevant activities including but not limited to:

  • Honoring students, professionals, businesspersons, and volunteers deserving recognition;
  • Creating awards, scholarships, and bursaries;
  • Organizing events to celebrate and communicate the achievements of community members as well as friends of Ethiopia.

For a recap of the Bikila Award Gala, click: Abebe Bikila Award Gala

The 2023 Bikila Awards MC, Guest Speakers, Award Recipients with the President of Bikila Award. Tessema Mulugeta, President, kneeling in front.

The Bikila Award www.bikilaaward.org was conceived over a decade ago, officially founded in July 2013, and conducted its first Bikila Award celebration in 2014.

This year, the Bikila Award ceremony took on special significance, given the tensions that exist in Ethiopia, today. The accomplishments of Captain Abebe Bikila, who demonstrated unique qualities of courage and determination, are well known to Ethiopians. As a historical personage, he can also function as a unifying figure for all Ethiopians, across all ethnic boundaries. For this reason, we can say unequivocally, that those responsible for this year’s Bikila Award celebration are performing an invaluable service for their homeland, Ethiopia.

Both Abebe Bikila, and the Grand Ethiopian Renaissance Dam, are national treasures that dwell in the hearts and minds of all Ethiopians and can serve to unite the culturally rich great nation of Ethiopia.

I had the honor and privilege of being the keynote speaker to over four hundred guests gathered to celebrate the achievements of Ethiopians.

Lawrence Freeman addressing the Bikila Award Gala Dinner, Toronto, Canada, September 23, 2023

Lawrence Freeman’s Presentation: We Live For the Future

I am honored and happy to be with you tonight.

Captain Abebe Bikila is known for his courage and determination to succeed, as demonstrated in his victory in the Olympic marathon in 1960 in Rome, Italy;  without his shoes. I am a long distance hiker and backpacker on the mountains of the East Coast of the United States, hiking several hundred miles a year. However, I could not do it without a sturdy pair of hiking boots.

Our World Has Indelibly Changed

Over the course of the last month, the world has been transformed. Not instantly, but in potential. This emphatically includes changes for Ethiopia and Africa as well. Africa and the Global South are moving in a new direction that we have not seen for several decades. The call for a New Just Economic World Order, prevalent in the 1970s and 1980s, has been taken up again in a new form.

Let Me Explain.

First, at the 15th Summit of the BRICS, from August 22nd to 24th, it was  decided to add 6 additional nations to become new members in January of 2024. This has transformed political-economic relations among nations on our planet. The BRICS in its embryonic form creates a new potential for development, especially among what we call the Global South or the South-South nations. As a result, the world, implicitly our universe, will never be the same, and there’s no going back to the way it was before.

We witnessed just last week, at the Group of 77 plus China, meeting in Cuba, a continuation of this new direction by the Global South. These multi-polar institutions are committed to cooperating in the mission to develop their nations and provide a better quality of life for their citizens.

There is now an undeniable alternative emerging to the dominance of the Western institutions, with their perverted geopolitical zero-sum doctrine of only winners and losers. The old order no longer unilaterally controls the world with their so called, international rules-based order. Of special importance for Africa, two of the new BRICS members are: Egypt and Ethiopia.

The second major event occurred earlier this month, on the eve of the Ethiopian New Year. It is when the reservoir of water contained by the Grand Ethiopian Renaissance Dam (GERD) reached the level of 42 billion cubic meters of water in its fourth filling. This is a milestone for Ethiopia, for the Horn of Africa, and  for the entire African continent. Over the course of the next two years the reservoir will reach the capacity to hold 74 billion cubic meters of water and 11 additional turbines will be installed. Thus, the GERD in 2025 will have, with 13 operating turbines, an installed capacity to generate 5,150 megawatts of power, yielding an estimated 16,000 MW hours of electricity. This changes everything for the people of Ethiopia and the Horn of Africa.

The Grand Ethiopian Renaissance Dam-GERD. Ethiopia’s transformative infrastructure project.

What I have identified are: new potentials for development of Ethiopia and Africa. This means there will be many new possibilities for families to improve the quality of life and raise their standard of living for themselves and their children. With this new injection of power from the GERD, more Ethiopians will have access to electricity. It will also enable manufacturing and agriculture to expand and allow Ethiopia’s economy to begin the path towards industrialization. Ethiopia’s GERD is already exporting electricity to neighboring nations and this will increase when the GERD is completed.

The GERD, like Abebe Bikila is a national unifying symbol for Ethiopia.

New Prospects For Ethiopia With BRICS and GERD

These new potentials will present a new geometry for Ethiopia. A developing, economically expanding nation will require more and more young people to apply themselves in advancing their economy to higher levels of productivity. To increase the productive powers of labor we require new scientific discoveries. New technologies created from these new discoveries will enable society to advance to a higher mode of economic production. This will place a premium on engineering and scientific research. The youth of Ethiopia will become an essential segment of the labor force, driving the development of their nation and securing a prosperous future for a growing population.

As a physical economist I understand that without the material improvement of life for the people of a nation, there will be no peace or stability. That said, the essence of a nation’s policy should be on the development of the minds of its population, especially its youth.

Only human beings are endowed with the potential of creativity. Creative thought is not reproducible by computers or so-called Artificial Intelligence. The human mind alone is capable of discovery, of hypothesizing and testing new physical principles of the universe. That means each mind of each human being is vital for a nation’s future. Each human being is sacred because it possesses a mind-soul. Contrary to the foolishness of pseudo economists, it is the human mind that is the source of all wealth for society.

The GERD for example, a marvelous engineering structure between two mountains, which I visited in December 2022, is a perfect example of humankind’s creative intervention on the physical universe.

Therefore, every nation should have a twofold interconnected policy for its citizens, which is:   

To ensure an improving standard of living for the population, freeing its citizens from the daily insecurities of providing food, income, and housing. With the material necessities of life secured, the nurturing of the creative imagination of each child becomes society’s primary responsibility.

These young woman are the future.

It Is All About The Future

Ethiopia with a 115 million people, and the African continent  with its population of 1.5 billion (and growing), can have a bright future employing all these potentially creative minds in contributing to the betterment of society.

Human beings, unlike all other animals, are uniquely capable of thinking about the future. Animals only exist in the here and now. We human beings are fundamentally different. Although we physically live in the present, we act for the future.

Qualified leaders think one to two generations into the future with a vision for their nation. Mothers and fathers think about what actions they can take in their lifetimes that will contribute to a better future for their children and grandchildren. Competent economists and economic planners focus on investments in technological awakenments today that will result in an increase in the productivity of the society tomorrow.

The world is entering a new epoch. We can create a new paradigm with new multi-polar institutions committed to development. We now have a new potential future in front of us if we have the wisdom and willpower to realize it. Let us have the  same determination to reach our objective for a better humanity, that Abebe Bikila had in winning the 1960 Olympic marathon.

Thank you for listening to me.

For a recap of the Bikila Award Gala, click: Abebe Bikila Award Gala

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com.

Instability in Africa Can Be Averted Through Development: China & BRICS Will Contribute

October 4, 2023

My friend, Matt Ehret, has written a new article, How the West destroyed Africa and Eurasia will revive it, that provides useful context to understand the coups that have taken place in the Sahel and West Africa. His analysis parallels some of my writing on this same subject. Read my earlier posts: To Prevent More Coups Like Niger: Eliminate Poverty in Africa; and BRICS Offers New Potential for Africa & The World: The Human Race Will Benefit

Excerpts below from Matt’s article:

“In Africa, injustice looms large, marked by poverty, warfare, and famine. Despite post-WWII political gains, economic independence, a vital component of true freedom as envisioned by Pan African leaders like Kwame Nkrumah, Patrice Lumumba, and Haile Selassie, remains elusive. 

After decades of restrictive IMF and World Bank loans, poverty, hunger, and conflict persist throughout the continent. While many attribute this to Africa’s governance challenges, in reality, a deliberate imperial agenda has hindered the continent’s development in all political, economic, and security sectors. 

Coups against neo-colonialism

But much has changed in the past few years. The growing clout of Eurasian institutions that fully embrace Global South countries as valuable, integral, and equal members – the BRICS+ and Greater Eurasian Partnership are examples – offer hope that old neo-colonial shackles will be broken and that Africa can enjoy an unfettered renaissance.

The rise of a new global pole to challenge the old unipolar order has had a notable impact across sub-Saharan West Africa which, in recent years, has seen a surge in military coups shifting power away from regimes that had long prioritized the interests of western corporations. 

These coups occurred in Chad (April 2021), Mali (May 2021), Guinea (September 2021), Sudan (October 2021), Burkina Faso (January 2022), Niger (July 2023), and Gabon (August 2023) – all resource-rich countries with abnormally poor living conditions.

In Gabon, over 30 percent of its people live on less than $1 per day, while 60 percent of its regions have no healthcare or clean drinking water despite the abundance of gold, diamonds, manganese, uranium, iron ore, natural gas, and oil – mostly monopolized by French corporations like Eramat, Total and Ariva. 

Despite its abundance of rare earths, copper, uranium, and Gold, 70 percent of Malians still live in abject poverty. Similarly, Sudan, with its riches in oil, fertile soil, and water, has 77 percent of the population living below the poverty line. 

In uranium-rich Niger, which provides over 35 percent of the fuel for France’s nuclear industry (accounting for 70 percent of France’s energy basket), mainly under the control of France’s Orano, only 3 percent of Nigerians have access to electricity. In the “former” French colony of Chad, that number is only a little higher at 9 percent, and a still-unacceptable 20 percent in Burkina Faso. 

While Altanticists desperately seek ways to keep their talons embedded into the African continent and its abundant riches, a much healthier security paradigm has emerged in recent years from Eurasia…”

Sustainable security means economic development

“The fight against the destructive effects of imperialism may seem daunting, especially when viewed solely through the lens of military affairs. But the growing influence of major multipolar institutions offers an important, consensus-based, strength-in-numbers way forward. 

The BRICS+, for instance, has made sure to add new members strategically. Last month, the organization grew from five to 11 members, which today include three geostrategic African nations of Egypt, South Africa, and Ethiopia, and major West Asian energy powerhouses Iran, Saudi Arabia, and the UAE with extensive interests across Africa.

Then there’s China’s Global Security Initiative, unveiled in April 2022, which represents far more than just a non-western security doctrine. It embodies a fundamentally different paradigm, which at its core, places paramount emphasis on economic development as the foundation for long-term strategic peace.

Beijing has not only endorsed the objectives of the African Union’s Africa Agenda 2063 in words, but has done more than any other country in realizing those ambitious goals which call for “unity, self-determination, freedom, progress and collective prosperity pursued under Pan-Africanism and African Renaissance”…

Over the past decade, China has advanced a policy of rail development, connectivity and building up industrial capacities, training, and skill building across partner nations. During that time, trade with Africa has risen to $282 billion in trade in 2022, marking an 11 percent increase over the previous year—a figure more than four times that of the US, which recorded $63 billion in trade with Africa in 2022. 

During that same 10-year span, Chinese companies have won $700 billion in contracted projects to build energy systems, transportation grids, manufacturing hubs, ports, telecommunication, aerospace, aviation, finance, and a myriad of soft infrastructure. 

Despite the challenges posed by western interventions, China has been able to build 6000 kilometers of rail, 6000 kilometers of roads, 20 ports, 80 large power facilities, 130 hospitals, and 170 schools on the continent.

While some western “democracies” resort to the threat of military intervention, punitive sanctions, or assassinations in post-coup Niger, China assumed the role of peace broker and re-emphasized its commitment to continue all projects in Niger, including the crucial 2,000-kilometer pipeline designed to export crude oil from the Agadem fields to the Port of Seme in Benin. 

This pipeline, currently three-quarters finished, will boost Niger’s oil output by 450 percent upon completion.

In Tanzania, the Chinese government hosted the 25 August China-Africa Vision conference promoting a myriad of economic initiatives, but its highlight was the Tanzania-Burundi-Democratic Republic of Congo railway which will likely become the first of several major trans continental rail lines outlined in the Africa Agenda 2063 Report…”

Read the full article: How the West destroyed Africa and Eurasia will revive it, written by Matt Ehret: matt.ehret@tutamail.com

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com.

Today’s World Desperately Needs “A New Just Economic Order”

September 21, 2023

FRED WILLS ADDRESS AT UNGA-SEPT 8, 1975

ADDRESS AT THE SEVENTH SPECIAL SESSION OF THE U.N. GENERAL ASSEMBLY, SEPTEMBER 8, 1975

Call for New International Economic Order at the United Nations

(Frederick R. “Fred” Wills, was Foreign Minister of Guyana from 1975-78)

I have been advocating for 50 years for a New Just International Economic Order with a new Financial Architecture dedicated to economic development for all people of the world. It should be clear to all qualified leaders that the hegemony of the so called rules-based order, has been shattered by the rising expectations of the “Global South.” The reemergence of the Non-Aligned Movement, typified by the Group of 77 and the BRICS, with their righteous demands for economic equality, has become a new force on our planet. They resonate with the calls for a “New International Economic Order” prevalent in the 1970s and 1980s. This is why it is more than relevant today for us to review and stand upon the shoulders of this profound speech, delivered before UNGA by Fred Wills, almost half a century ago. We have the responsibility to complete this mission for the sake of civilization.

Excerpts from Fred Wills’ historic presentation follow:

Mr. President,

One year ago in this very forum there were articulated the Declaration on the Establishment of the New International Economic Order and a Programme of Action to implement it. These were adopted at the Sixth Special Session and were followed by the Charter of Economic Rights and Duties promulgated at the 29th regular session of the United Nations. Thus was provided a compendious mandate for the dismantling of the old structures that have proved inadequate and the construction of an entirely new system more responsive to the needs and hopes of the poor and disadvantaged.

The allegedly sterile debate as to whether or not a new international economic order is required has already resulted in the presentation of far-reaching proposals which it would be our clear duty to evaluate in our efforts to arrive at a global consensus…

THE IMPERATIVES FOR CHANGE

The hour is critical. The expectations are that we will agree on concrete steps that will represent a real advance towards the new order on which the majority of mankind insists.

The imperatives for change are clear. Thirty years ago the Bretton-Woods system, reinforced by the Marshall Plan, introduced a new era in the post-war world which promised a redress of economic disequilibrium in the developed world. Predictably, this system failed to satisfy the aspirations of the developing nations and it is this failure in especial that introduces the note of urgency in our debate. It is imperative that we should fashion new structures and new institutions to arrest the widening gap between the developed market economies and the producers of raw materials and semi-manufactures

It is clear, Mr. President, that any attempt to give new vitality to obsolescent institutions is wholly unacceptable. In the face of such attempts the solidarity of the developing countries is the best guarantee that the processes of change will lead to the establishment of the New International Economic Order.

Those of us who embrace Non-alignment will not lose a moment’s sleep over deliberate attempts at misrepresentation. We are not a bloc. Unbound by pacts, eschewing centralised military force, refusing the dictation of hegemonic power, we are aligned with peace, independence, equality, justice and the importance of the single human being. Our solidarity is based neither on the preservation of nor on the quest for power. It is rooted in common perception and shared ideals. The universality of the principles of Non-Alignment has long been vindicated. Those who only recently have come round to the acknowledgement of its validity must now seek to understand it properly…

GUIDELINES FOR ECONOMIC CO-OPERATION

Mr. President, the international community must move forward and in our way forward we must be guided by three fundamental approaches to the problems of development and international economic co-operation. From these approaches my delegation feels we deviate only at our peril. 

First, we must subject all proposals to the test of their likelihood of advancing the arrival of the New International Economic Order along the path charted by the Group of 77.

Secondly, decision making on these vital issues must remain firmly within this Organisation.

Thirdly, the solidarity of the developing countries must be given new depth and content, especially through programmes of collective self-reliance…

Are we of the developing countries being asked to believe that institutions which have historically served the best interests of the developed world can be modified to promote our development? Must the improvement in the condition of the developing world remain a mere footnote to the prosperity of the developed world? In short, in a situation that demands surgery are we being asked to be satisfied with the dispensation of mere palliatives?

Nevertheless, Mr. President, I wish to assure you that my delegation will approach these and all other proposals, including those of the EEC, objectively and responsibly, because we are aware that what is at stake is nothing less than the future condition of all mankind…

Now, Mr. President, the third guideline – collective self-reliance among developing countries. The Programme of Action for the implementation of the New International Economic Order assigns an important role to collective self-reliance among the developing countries and calls upon the developed world to support such efforts. Forms of horizontal cooperation at the regional, sub-regional and inter-regional levels have already demonstrated their potential as instruments compelling significant change. Such new horizontal economic structures and arrangements will assist substantially in bringing our marginal situation to an end and could provide an essential thrust for radical alteration in the international economic system. The much maligned produce associations have already proven their worth as a stimulant of International dialogue, catalyst for change and a mechanism for the mobilisation of resources in the developing world…

The new economic order must therefore be designed to foster all efforts of self-reliance on the part of the developing countries – efforts both national and collective. True development cannot be imposed ab extra, but must be part of the internal dynamics of growth. The international framework must therefore create the conditions and provide support within which self-reliance can flourish…

Those, therefore, Mr. President, are the guidelines which we suggest should inform our decisions as we come now to the closing stages of this Special Session. They should be integrated within the blueprint already adopted for the New International Economic Order...(All emphasis added)

Read the entire presentation below:

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com.

For the Sake of Humanity-Let Us Bring Into Existence a New Paradigm of Development in 2023

Lawrence Freeman with a grain seller at the Alamata market in Amhara, Ethiopia on December 17, 2022

December 31, 2023 My New Year Message

It is well past the time that civilization should establish a higher scientific-cultural existence based on reason and love of humankind. It is unacceptable for large sections of humanity to live in abject poverty, threatened by starvation. The physical universe and the planet upon which we live is organized on a creative principle that coheres with human willful creativity. If we apply the full potential of our creativity, there is no limit to growth of the human population, both qualitatively and quantitively. The foreign policy of every nation should be precisely the same: the material enrichment of its citizens and the nurturing of the creative process of every child born. Thus, all nations and all peoples have the same shared common interest, motivating all nations to work together for the prosperity and peace of their citizens and future generations.

Ten Principles of a New International Security and Development Architecture

Helga Zepp-LaRouche, president of the Schiller Institute, presented the following summary comments on a new paradigm of security and development, which I share in large part. Reprinted with editing from EIR magazine.

The new paradigm which will be characteristic of the new epoch, and towards which the new global security and development architecture must be directed, therefore, must eliminate the concept of oligarchism for good, and proceed to organize the political order in such a way, that the true character of humanity as the creative species can be realized.

These ideas are meant to be food for thought and a dialogue among all people concerned to find a basis for a world order guaranteeing the durable existence of the human species.

First: The new International Security and Development Architecture must be a partnership of perfectly sovereign nation states, which is based on the Five Principles of Peaceful Coexistence and the UN Charter.

Second: The absolute priority must be to alleviate poverty in every nation on the planet, which is easily possible, if the existing technologies are being used for the benefit of the common good.

Third: The life expectancy of all people living must be prolonged to the fullest potential by creating modern health systems in every country on the planet. This is also the only way how the present and future potential pandemics can be overcome or be prevented.

Fourth: Since mankind is the only creative species known so far in the universe, and given the fact that human creativity is the only source of wealth through the potentially limitless discovery of new universal principles, one of the main aims of the new International Security and Development Architecture must be providing access to universal education for every child and adult person living. The true nature of man is to become a beautiful soul, as Friedrich Schiller discusses this, and the only person who can fulfill that condition is the genius.

Fifth: The international financial system must be reorganized, so that it can provide productive credits to accomplish these aims. A reference point can be the original Bretton Woods system, as Franklin D. Roosevelt intended it, but was never implemented due to his untimely death…The primary aim of such a new credit system must be to increase dramatically the living standard of especially the nations of the Global South and of the poor in the Global North.

Touring the Grand Ethiopian Renaissance Dam, a grand infrastructure project that will generate energy for the Horn of Africa, December19, 2022

Sixth: The new economic order must be focused on creating the conditions for modern industries and agriculture, starting with the infrastructural development of all continents to eventually be connected by tunnels and bridges to become a World Land-Bridge.

Seventh: The new global security architecture must eliminate the concept of geopolitics by ending the division of the world into blocs. The security concerns of every sovereign nation must be taken into account. Nuclear weapons and other weapons of mass destruction must be immediately banned. Through international cooperation, the means must be developed to make nuclear weapons technologically obsolete, as it was originally intended by the proposal which became known as the SDI.

Eighth: In former times, one civilization at one corner of the world could go under, and the rest of the world would only find out years later, due to the length of distances and the time needed for travel. Now, for the first time, because of nuclear weapons, pandemics, the internet, and other global effects, mankind is sitting in one boat.

Ninth: In order to overcome the conflicts arising out of quarreling opinions, which is how empires have maintained control over the underlings, the economic, social and political order has to be brought into cohesion with the lawfulness of the physical universe. In European philosophy this was discussed as the being in character with natural law, in Indian philosophy as cosmology, and in other cultures appropriate notions can be found. Modern sciences like space science, biophysics or thermonuclear fusion science will increase the knowledge of mankind about this lawfulness continuously. A similar cohesion can be found in the great works of classical art in different cultures.

Tenth: The basic assumption for the new paradigm is, that man is fundamentally good and capable to infinitely perfect the creativity of his mind and the beauty of his soul, and being the most advanced geological force in the universe, which proves that the lawfulness of the mind and that of the physical universe are in correspondence and cohesion, and that all evil is the result of a lack of development, and therefore can be overcome.

A new world economic order is emerging, involving the vast majority of the countries of the Global South. The European nations and the U.S. must not fight this effort, but by joining hands with the developing countries, cooperate to shape the next epoch of the development of the human species to become a renaissance of the highest and most noble expressions of creativity!

Read my earlier post: The West Votes against Development at United Nations

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. He is also the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

The West Votes against Development at United Nations

This article below locates precisely the problem with the foreign policy of the West and the United States in particular towards the developing sector-the Global South. The U.S. lacks a commitment or even an understanding of the importance of economic development. This has been the failure of U.S. policy toward Africa since the death of President John Kennedy; lack of vison and moral devotion to develop the world’s population. This is what I am fighting to provide. The world needs a new paradigm to eliminate poverty and ensure peace and stability. This new paradigm or New Bretton Woods must have as its foundation, economic development. Below you will find my lecture on the intentions of President Franklin Roosevelt for the creation of his Bretton Woods.

by Clifford Kiracofe, Dec. 26, 2022, reprinted from China Focus

In the face of the present international situation, cooperation is essential to meet unprecedented challenges”.

Western countries, joined by South Korea and Japan, voted this month against economic development and poverty reduction resolutions considered by the United Nations General Assembly. The stance of the Western countries and partners reflects the power of finance capitalism and its longstanding support for neoliberal economic policy to the detriment of developing nations.

The United Nations General Assembly Second Committee (Economic and Financial) recently adopted 38 of 41 resolutions. The West and partners voted against two resolutions of special importance. The first vote was 123 for to 51 against on the resolution “Eradicating Rural Poverty to implement the 2030 Agenda for Sustainable Development”.

The second vote was 123 for to 50 against by the West and partners (Turkey abstained) the perennial resolution “Towards a New International Economic Order (NIEO).”

Clearly there is a stark division between the West and its partners and all of the “Rest”. Put in another way, the votes reflect the increasingly sharp contradiction between the developed “North” and the developing “Global South”. Two major powers, China and Russia, align with the Global South.

A wide view of the General Assembly’s 53rd plenary meeting, discussing reports of the Second Committee on Dec. 14, 2022. (UN Photo)

Failure of the Bretton Woods System

The international financial architecture erected in 1944 to serve the devastated post-World War II international community did not live up to its promises. Instead, it became machinery to impose finance capitalism around the world and to oppose alternate development models.

The International Monetary Fund was supposed to help states with balance of payment and debt problems. The International Bank for Reconstruction (IRBD), later called the World Bank (WB), was supposed to focus long term on development following a post-war reconstruction. Over the years, both institutions failed in their purpose owing to a variety of factors.

At the Bretton Woods conference, delegations from China, India, and Latin American countries voiced their concerns for development. But the IRBD/WB gave its primary attention to reconstruction rather than to development.

Developing countries also expressed a desire for an international financial system that would be friendly to developing countries. This meant that states exporting commodities be given attention and that alternate development models be supported. Alternate development models included state-led industrialization.

The prospects for a development focus were dashed by the Cold War and the “East versus West” bloc confrontation. This bloc confrontation was framed not only in political terms but also in economic terms.  Thus, the antipathy of the West to various socialist models of development sharpened.

State-led industrial development was rejected. Significantly, the issue of financing development over the long term led to sharp debate over the degree of public and private financing.

Photo taken on Sept. 12, 2012 shows the logo of the World Bank headquarters in Washington D.C., capital of the United States. (Photo/Xinhua)

Decolonization, Development, and UNCTAD

During the 1950s and 1960s, the process of decolonization brought many newly independent states into the international community. Naturally, economic development was at the forefront for them. To address the issue of development, 36 developing countries in 1962 joined together to create the United Nations Conference on Trade and Development (UNCTAD).

The first meeting occurred in 1964 in Cairo. The key issues addressed were: terms of trade by primary commodity exporters, development financing, and export-oriented strategies. At the conclusion of the conference, UNCTAD was made a permanent body within the UN system.

Unfortunately, despite the best efforts of UNCTAD during the 1960s and 1970s, there were no major results for the developing countries. It is not surprising that the developing countries then banned together as the “Group of 77” (G77) to call for a “new and just world economic order”. As a result, in 1974, a special session of the UN convened to promote negotiations and new initiatives to promote economic development.

The negotiations were inspired by recommendations of UNCTAD and aimed to promote cooperation among developing countries. The international context at the time included global economic and monetary instability owing to the disintegration of the Bretton Woods system of fixed exchange rates as well as other factors such as the 1973 oil crisis.

Photo taken on Apr. 9, 2020 shows the Dar es Salaam Port undergoing upgrading of port berths 1 to 7 in Dar es Salaam, Tanzania. (Photo/Xinhua)

The Brandt Commission

In 1977, the “Independent Commission for International Developmental Issues” was established to research and make re commendations. The former German Chancellor, Willy Brandt, was nominated by Robert McNamara, then head of the World Bank, as chair. The report of the commission was released in 1980 and was called the “Brandt Report”.

The Brandt Report focused on the North-South divide and called for measures to overcome it. Issues such as poverty, health, housing, and education were considered. Additional issues included women in development, hunger and food, disarmament, energy, monetary reform, industrialization, and development finance.

“A new century nears, and with it the prospects of a new civilization”, Brandt said in 1983. “Could we not begin to lay the basis for that new community with reasonable relations among all people and nations, and to build a world in which sharing, justice, freedom and peace might prevail?”

The Washington Consensus

In the face of the progressive Brandt Report, international finance capital mounted a campaign against it. One result was what came to be called the “Washington Consensus,” so-called “free market” policy prescriptions proposed during the 1980s and 1990s. This consensus was associated with the imposition of neoliberal economic policies globally. Such policy prescriptions include: austerity, reduction of government spending, privatization, deregulation, free trade, and monetarism.

People walk on Times Square in New York, the United States, Nov. 23, 2021. (Photo/Xinhua)

The decline in the West of a Keynesian consensus in the 1970s coupled with the end of the Cold War in 1988-89 and the demise of the Soviet Union in 1991 gave triumphalist proponents of “market fundamentalism” major play.

Today, the Washington Consensus forms the basis of the international economic policy of the United States and the West, critics say.

The recent votes in the United Nations General Assembly underscore the North-South divide. The West appears to insist on the Washington Consensus and opposes alternate development models.

“New Bretton Woods”

The international community faces a severe recession beginning in 2023, according to some experts. A combination of factors is leading to such an international economic crisis. The economic slowdown in Europe began in 2018-19 and then was followed by the Trump Trade and Tech wars and by the Covid crisis. To these factors, an energy crisis, a supply chain crisis, and a food crisis has been added compounding the problems facing the international community.

In the face of the present international situation, cooperation is essential to meet unprecedented challenges. Various mechanisms, platforms, and processes have been created in recent years to address development. The Belt and Road process, Shanghai Cooperation Organization, Eurasian Economic Union, and BRICS are important initiatives.

Today, a “New Bretton Woods” conference with an emphasis on development as well as on the update and stabilization of the international monetary system must be considered.

http://www.cnfocus.com/the-west-votes-against-development-at-un/

Read my earlier post on Roosevelt’s Bretton Woods: For the Development of Africa: Know and Apply Franklin Roosevelt’s Credit Policy

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. He is also the creator of the blog: lawrencefreemanafricaandtheworld.com. Mr. Freeman’s stated personal mission is; to eliminate poverty and hunger in Africa by applying the scientific economic principles of Alexander Hamilton

How the Imperialist CFA franc Suppresses Growth in Africa

Africa’s ‘colonial’ CFA currency (courtesy dw.com)

The article in the link below is a detailed and useful expose of how the CFA franc, controlled by France, contributes to the suppression of economic development in Africa. We have now past a half century since many nations in Africa liberated themselves from colonialism. Yet the French banking system still exercises colonial domination over the finances of African nations that should be economically independent. African nations will never be truly independent until they are economically sovereign. This means having sovereign control over their own currencies and the issuing of credit for internal improvements of their economies. African nations should have National Banks and Development Banks for the issuing of credit, as first conceptualized by Alexander Hamilton. Hamilton’s concept of government-national credit was essential for the creation of an industrialized USA from thirteen agrarian based colonies.

Read: Towards a Political Economy of Monetary Dependency

For more analysis of Alexander Hamilton’s credit policy read: Nations Must Study Alexander Hamilton’s Principles of Political Economy