Call for an Ad-Hoc Committee for a New Bretton Woods System

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The neoliberal system is hopelessly bankrupt. But Western governments, rather than drawing the consequences of this fact, and fundamentally reorganizing the system, have escalated the confrontation with their alleged systemic competitors, Russia and China. This has led, as a result of NATO’s five-fold expansion eastward, to a reverse Cuban Missile Crisis and to a war in the middle of Europe which could potentially escalate into a nuclear Third World War.

Many people are afraid of a new world war, and justifiably so. But it is the causes of the danger that we need to eliminate! Aren’t we witnessing how nothing is working anymore? Aren’t supply chains breaking down everywhere? Aren’t food and energy prices exploding? The German government now wants to ration gas, while in Poland and Lithuania, people are once again heating with wood.

No, this has next to nothing to do with China’s “Zero Covid” policy, and only indirectly with the war in Ukraine. But it has a lot to do with the neoliberal model, in all its aspects. The neoliberal idea of outsourcing a nation’s industrial production to low-wage countries, was wrong, as it destroys productive jobs in industrial nations and exploits labor in the developing countries. Equally wrong is the idea of a “shareholder-value society,” in which short-term stock market profiteering is the sole goal, and long-term rises in physical economic productivity are meaningless. And just as wrong is the idea that “money earns money,” as if money had an intrinsic value in itself, or the just-in-time idea, in which inventories are no longer needed, since trucks can deliver semi-finished parts at the last minute. But above all, what is totally wrong is the idea that money is synonymous with social wealth. This fairy tale has only led to an explosive increase in the number of billionaires and millionaires, while the ranks of the poor are also growing, and the middle class is disappearing.

The stunning collapse of infrastructure in the United States and Europe—be it unsafe bridges, freight trains waiting for days on rail sidings, the absurd amount of time required for repairs, the shortage of skilled labor, or the disappearance of products on store shelves—is proof positive of the failure of the neoliberal model. Galloping inflation, in particular, is not the result of the “war in Ukraine,” but of the excessive money-printing by central banks since 2008, in an attempt to paper over the systemic crisis.

With the trans-Atlantic financial system today, we are facing what we faced in Weimar Germany in 1923: hyperinflation, which threatens to devour the entire life savings of the population. Attempts by the central banks to fight that inflation with interest rate increases could unleash a chain-reaction collapse of indebted firms and developing countries. The aggressive decoupling from Russia and the attempt to move against China are ongoing, and will sink all nations.

The effect on the developing world is murderous. Already now, according to the UN, 1.7 billion people are threatened with a hunger catastrophe, which has been exacerbated by the self-destructive sanctions against Russia and other countries. The neoliberal model has done nothing to fight poverty in the Global South, where 2 billion people have no access to clean water and the majority of developing countries have no effective health system, leaving them defenseless when exposed to the Covid pandemic and other diseases. The social systems of many countries are already collapsing. If inflation gets out of control, or if there is a sudden collapse, large parts of the world could plunge into total social chaos. Moreover, it is unacceptable to use climate and environmentalist concerns to justify de-industrialization and radical depopulation, as Malthus did in his time.

Although the governments of the Western world will not admit it, the neoliberal system today is as bankrupt as were the communist countries in the 1989-1991 period. Rather than recognizing this fact, they continue making decisions whose consequences they have not thought through, threatening the collapse of societies. Instead of rationing gas and letting prices for basic necessities soar uncontrollably, they should lift the sanctions—a brutal form of warfare against the populations of the targeted countries—and rely on diplomacy to solve conflicts.

We the signers therefore call for the immediate convening of an emergency international conference which mandates:

First: The reorganization of the bankrupt world financial system and replacing it with a New Bretton Woods system. The declared goal of this new credit system must be overcoming poverty and underdevelopment in the entire world, but above all raising living standards in developing countries, making it possible for all people on this planet to fully develop their potential capabilities.

Second: A bankruptcy reorganization of commercial banks, putting them under creditor protection, so that they can supply the real economy with credit. Investment banks and other financial entities must manage without taxpayer money, putting their accounts in order on their own, and declaring bankruptcy, if necessary.

Third: The banning of derivatives trade under agreements among governments. All speculation on energy and food must be strictly prohibited. 

Fourth: The immediate implementation of a system of fixed exchange rates, which can be periodically adjusted by governments within certain limits.

Fifth: The fundamental reorganization of the debt of countries and firms and, when necessary for their continued productive existence, the cancellation of debt.

Sixth: The setting up in each country of a National Bank in the tradition of Alexander Hamilton, so that credit creation is put under the control of sovereign governments. With this, productive full employment can be achieved through investments in basic infrastructure and innovation.

Seventh: The negotiation among National Banks of long-term agreements on long-term, low-interest credit to allow investments in an international infrastructure program, and projects of the World Land-Bridge such as are outlined in the report “The New Silk Road Becomes the World Land-Bridge,” and as China is implementing in the Belt and Road Initiative.

Eighth: The expansion of the World Land-Bridge, which creates common economic advantages for all countries, which in turn becomes the basis for a new international security architecture, taking into account the security interests of all nations on this Earth. The new name for peace is development.

We, the signers of this call, are of the conviction that the system of “globalization” with its brutal vulture capitalism, has failed—economically, financially, and morally. We must make people the priority of the economy, which is not a self-service shop for billionaires and millionaires, but must serve the Common Good. The new economic order must guarantee the inalienable rights of all people on Earth.

Initiating Signer,

Helga Zepp-LaRouche, founder, Schiller Institute

The petition is available in the following languages: SpanishItalianFrenchSwedishArabicDanishPortuguese, Chinese and German.

The following is a list of prominent signers from across the world. Title and/or affiliation, for identification purposes only.

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Dr. Shah M.Mehrabi Afghanistan/U.S. Chair of the Audit Committee, Member of the Board of the Central Bank of Afghanistan
Tse Anye Kevin Afrika Deputy President, State55
Ali Brahimi Algeria Professor of Law; lawyer
Enrique Juan Box Argentina Media personality
Roberto Fritzsche Argentina Professor, Department of Economic Science, University of Belgrano
Ricardo Macedo Argentina Sociologist, political consultant
Juan Francisco Numa Soto Argentina Constitutional Attorney; former professor of Constitutional Law at the University of Buenos Aires
Alejandro Yaya Argentina Vice President, Civilian Institute of Space Technology
Gen. Edwin Alfonso De La Fuente Jeria * Bolivia Former Commander-in-Chief of the Bolivian Armed Forces
Jairo Diaz Carvalho Brazil Professor of Philosophy of Technology, Federal University of Uberlândia
Thiago Maia Brazil PhD. in Nuclear Physics and Astrophysics; specialist in private sector energy and engineering in Venezuela, Mexico, Bosnia, USA, S. Africa, France, and China
Marcos de Oliveira Brazil Journalist
Mario Regis Brazil Abundance Program
Julian Fell Canada Biologist, Co-Director Area F, Regional Government of Nanaimo, British Columbia
Faisal Huda Canada CEO, BUNA Capital Inc.
Mario Guillermo Acosta Colombia Scientist and author; General Director, CIFRA (Space Lab City)
Pedro Rubio Colombia President, Association of Officials of the General Accounting Office of Colombia
Enrique Dubon Costa Rica Economist
Dr. Li Xing Denmark Director, Research Center on Development and International Relations; professor, Department of Politics and Society, Aalborg University
Antonio Ciriaco Cruz Dominican Republic Economist, reasearcher, Autonomous University of Santo Domingo (UASD
Ramón Emilio Concepción Dominican Republic Attorney-at-law; Presidential Pre-candidate for the PRM party (2020)
Marino J. Elsevyf Pineda Dominican Republic Attorney-at-law
Luis González Dominican Republic Director, Center for Analisis of International Studies, Universidad del Caribe
Ramón Gross Dominican Republic Post-graduate Professor, Catholic University of Santo Domingo
Monseñor Norberto Polanco Dominican Republic Bishop-Elect, Vetero Catholic Apostolic Church of Brazil
Rafael Reyes, Jerez Dominican Republic Journalist; TV producer, "Face to Face" and "Economics and Politics", Channel 69
Enrique Antonio Sanchez Liranzo Dominican Republic Lawyer, writer, poet
Ramón Zabala Dominican Republic Journalist
José Rodríguez Portorreal Dominican Republic President, Solidarity Party
Napoleón Saltos Ecuador University professor
Dr. Mohammed Ali Ibrahim Egypt Professor of Economics; Founder and former Dean, College of International Transport and Logistics, Egypt
Valérie Bugault France geopolitical analyst, Doctor of Law
Jacques Cheminade France President, Solidarité et Progrès, former presidential candidate
Col. Alain Corvez (ret) France Col. (ret.), International Counselor; former advisor to the Commanding General of the United Nations Force in South Lebanon (UNIFIL)
Dominique Delawarde France General (ret.), former officer, Land army
Raphael Durans France Visual artist
Hubert de Gevigney France Rear-Admiral (ret.); former ambassador of the Order of Malta to the Republic of Senegal
Thierry Lambert France Professor, University of Aix-Marseille
Odile Mojon-Cheminade France Editor-in-Chief, French Schiller Institute Website
Henri Proglio France Industrial manager
Henri Temple France Professor of Economic Law (Montpellier); Co-Founder, Center for Consumer Law
Uwe Behrens Germany Logistics manager, author
Ole Doering Germany Professor, Hunan Normal University; Associate Professor, Department for Global Health, Peking University; Privatdozen, KIT
Rainer Sandau Germany Technical Director, Satellites and Space Applications, International Academy of Astronautics (IAA)
Leonidas Chrysanthopoulos Greece Ambassador ad honorem; Secretary General, Black Sea Economic Cooperation Organization (BSEC), 2006-2012
Maria Negreponti--Delivanis Greece Former Rector and Professor, University of Macedonia, Greece
George Tsobanoglou Greece Professor of Sociology, University of the Aegean
Roger Antonio Baldizon Morales Guatemala Economist; university professor and specialist in planning and development, Guatemala City
Raúl Aníbal Marroquín Guatemala Citizen Observatory for Peace "The Pupil of the Sky", San Cristobal Verapaz
Jacques Bacamurwanko Guinea Former Ambassador of Burundi to the United States
José Antonio Flores Arriaza Honduras Political Analyst, Masters in International Relations (MIR)
Andrea Szegó Hungary Professor (ret), economics.
Dr. Surendra Pathak India Adjunct Professor, Gujarat Vidyapith University; former Dean and Director of Research, Institute of Advanced Studies in Education
Mustafa Jabbar Sanad Iraq Member of Parliament; economist
David Baccini Italy Chief Executive Officer, Supranext, New York
Prof. Bruno Brandimarte Italy Professor of Electronic Measurement, Rome
Davide Donateo Italy Founder and editor, Database Italia
Nino Galloni Italy General Director, Labor Ministry, 1990-2002; economist and author
Paola Ghedini Italy Manager, International Consultant, Rome
Liliana Gorini Italy Chairwoman, Movisol, Milan
Guido Grossi Italy Chairman, Sovranità Popolare (Popular Sovereignty)
Mariano Jodice Italy Biologist and journalist
Luca La Bella Italy Financial analyst
Gianmarco Landi Italy Financial manager
Federica Mancini Italy Nuclear engineer, Atomi per la pace (Atoms for Peace), Milan
Lino Mungari Italy Chairman, Accademia Progetto Uomo (Project of Man Academy), Rome
Carlo Pettirossi Italy Nuclear engineer, Atomi per la Pace (Atoms for Peace), Germany/Italy
Vincenzo Romanello Italy Senior Nuclear Researcher and Project Manager, National Radiation Protection Institute (SURO), Czech Republic
Antonio Grazia Romano Italy Lawyer
Filippo Rossi Italy Journalist; marathon runner
Alessia Ruggeri Italy Trade unionist, Comitato per la Repubblica
Luca Russo Italy Secretary, Italexit, Lecce.
Gaetano Santoro Italy Trade unionist, Unione Partite IVA (UPI)
Eblin Pascal Fobah Ivory Coast Research teacher; university professor
Mohd Peter Davis, PhD Malaysia Biotechnologist; biochemist; architect; consultant, deep tropical agriculture; Visiting Scientist, University Pertanian (retired)
Adam Ouologuem Mali Washington D.C.-based journalist
Simon Levy Mexico Former Mexican Undersecretary for Tourism; Founder, Cátedra México-China, National Autonomous University of Mexico (UNAM)
Enrique López Ochoa Mexico Physician; Professor of Angiology, University of Sonora
Celeste Sáenz de Miera Mexico President, Journalists Club of Mexico
Alberto Vizcarra Ozuna Mexico Coordinator of Citizens Movement for Water, Ciudad Obregón, Sonora, Mexico
Kamel Hamiche Mozambique Diplomat and advisor, Maputo
Samo Fernando Soares de Manhiça Mozambique Executive Director, International Alliance for Development-Mozambique
Dr. Bishnu Pathak Nepal Founder and Executive President, Peace and Conflict Studies Center, Kathmandu; Nobel Peace Nominee
Dr. Chintamani Yogi Nepal Founder, Peace Service Center
Dr. A. J. (Guus) Berkhout Netherlands Professor-Emeritus Geophysics, Technical Univ. of Delft; President of CLINTEL; member, Royal Netherlands Academy of Arts and Sciences
C. (Kees) le Pair, PhD. Netherlands Physicist, Univ. of Leiden
Bolívar Téllez Nicaragua University professor, Managua
Abdulkadir Isa Nigeria Member, Anti-Debt Front; Research and Organization Advisor
Amani Mounkaila Boureima Nigeria Journalist, Niamey
Abiodun Afolabi Nigeria Lecturer in Philosophy, Adekunle Ajasin University
David Ajetunmobi Nigeria Trade union leader
Adeshola Raheem Kukoyi Nigeria Founder, Equilibrium Perspectives, University of Lagos
Thore Vestby Norway Former mayor and Member of Parliament; co-founder, ICHI Foundation
José Antonio Benllochpiquer Castro Peru Vice President, Christian Democratic Party of Peru
Fernando Fauché Peru National Secretary, Christian Democratic Party of Peru
Adrián Flores Konja Peru Former Dean, Faculty of Administrative and Accounting Sciences, National University of San Marcos (UNMSM); Director, Post Graduate School of UNMSM
Carlos Francisco Gallardo Neyra Peru President, Christian Democratic Party of Peru
Dino Gavancho Cilliani Peru National Secretary, Christian Democratic Party of Peru
Fabiola María Morales Castillo Peru National Congresswoman, Renovación Popular party
Víctor Raúl Orihuela Paredes Peru President of the UNMSM Foundation.
Roberto Vela Pinedo Peru President, National College of Economists of Peru
Antonio Butch Valdes Philippines Founder and Chairman, Philippine Democratic Party (KDP); Founder, Save the Nation;
Vera Papovich Russian Federation Chief bibliographer, Russian National Library, St. Petersburg
Dr. Sergey Pulinets Russian Federation Principal Scientific Researcher, Space Research Institute, Russian Academy of Sciences, Moscow
Dr. Leo Semashko Russian Federation State Councilor, St. Petersburg; Founder, Gandhian Global Harmony Association (GGHA)
Blagoje Babic Serbia University professor
Goran Kapetinovic Serbia Diplomat; ambassador (ret.), Belgrade
Kelvin Kemm South Africa CEO, Stratek Business Strategy Consultants; former board chairman, South African Nuclear Energy Corporation
Princy Mthombeni South Africa Nuclear Communication Specialist, founder of Africa4Nuclear
Javier Otazu Ojer Spain Behavioral economist
Juan José Torres Núñez Spain Free-lance journalist, poet, Almeria
Hussein Askary Sweden Southwest Asia Coordinator, Schiller Institute
Mats Lonnerblad Sweden Author; Civil rights activist; Board Member, Civil Rights Movement, Sweden
Kjell Lundqvist Sweden Chairman, European Labor Party
Ulf Sandmark Sweden Schiller Institute, Sweden
Soumaya Hallak Switzerland Lyric singer; President of "1,2,3 Hope, Love, Life for Peace" for child war victims in Syria
Dr. Kirk Meighoo Trinidad & Tobago Political economist; Public Relations Officer; former Senator and university lecturer
Bishop Geoffrey Bob Lubega Uganda Founder, Mission Generation Grace Africa Aid Project; civil engineer
Volodymyr Marchenko Ukraine People's Deputy of Ukraine (MP) 1990-2002
Natalia Vitrenko Ukraine Doctor of Economic Sciences; People's Deputy of Ukraine (MP) 1995-2002; candidate for the Presidency of Ukraine in 1999 and 2004
Suliman Ebrahim United Kingdom Retired barrister; writer, author of "Message to Mankind in the 21st Century"
Mike Robinson United Kingdom Editor, The UK Column
Dr. Athar Abbasi United States Major, U.S. Army (Ret)
Sen. Betty Jean Alexander United States Michigan State Senator (D - Detroit)
Jon Baker United States Cattleman; Agricultural Bank Loan Officer, Iowa
James Benham United States State President, Indiana Farmers Union; Board Member, National Farmers Union
Charles Borowsky United States President, International Institute for Regional Studies
Robert Branca United States Lieutenant (Ret.), U.S. Naval Reserve; Vietnam veteran
Neil Brown United States Nuclear engineer (retired), Portland, OR
Mike Callicrate United States Farm leader, Kansas/Colorado
Paul D. Chamberlin United States Extractive metallurgist, nuclear reactor materials, Highlands Ranch, CO
Joel Dejean United States LaRouche Independent Congressional Candidate, 38th district, Texas
Don and Janell Diehl United States Authors; former Editor of Salpulpa Daily Herald, OK; Baptist preacher
Frank Endres United States California farm leader; producer, wheat and cattle
Christopher Fogarty United States Chairman; Friends of Irish Freedom (Chicago)
Dr. Graham Fuller United States Former CIA official; vice-chairman, National Intelligence Council; author, scholar
Lawrence Gauthier United States
Owner, Westphalia Publishing Ltd, Boulder, Colorado; former investigative reporter, Cap/Cities ABC News; former elected member, State Central Committee, Nebraska Democratic Party
Jack Gilroy United States Co-coordinator of
Dr. Bennett Greenspan United States Past President of SNMMI (Society of Nuclear Medicine and Molecular Imaging); American College of Radiology
Cathy Helgason United States Professor of Neurology
Fred Huenefeld United States Former Treasurer, Louisiana State Democratic Party Central Committee
Dr. James George Jatras United States Former U.S. Diplomat; former Advisor to U.S. Senate Republican Leadership; political analyst
John Jones United States Committeeman, Democratic Party, Ward 14, Boston
Wilbur Kehrli United States National Board of Directors, American Blue Cattle Association; Former District Four Director, Iowa Pork Producers Board
Dr. Clifford Kiracofe United States President, Washington Institute for Peace and Development
Dr. George Koo United States Chairman, Burlingame Foundation; retired business consultant, U.S.-China relations
Andrei Kozhev United States Author, Global Gandhian Harmony Association
Larmar Lemmons United States Chief of Staff for Michigan State Senator Betty Jean Alexander (D-Detroit); former Michigan State Representative
Jeffrey Mahn United States Nuclear Engineer (ret.), Sandia National Labs, Albuquerque NM
Caleb Maupin United States Founder and Director, Center for Political Innovation
David Meiswinkle United States Attorney-at-law
James Moore United States Past President Alaska Trollers Association; Executive committee for NSRAA and AKI (aquaculture)
Jeffery S. Philbin, PhD United States Nuclear Engineer; technical consultant; independent contractor, Albuquerque, NM
Sam Pitroda United States Inventor and entrepreneur, Chairman of Indian Overseas Congress
Rep. Justin K. Price United States Rhode Island State Representative
Denise Rainey United States School Administrator and Educator, retired
Earl Rasmussen United States Executive Vice President, Eurasia Center, Washington D.C.
William F Reid, MD United States First African-American elected to Virginia legislature since Reconstruction
Diane Sare United States LaRouche Party Candidate for U.S. Senate from New York
Peter Schuller United States Professor of Philosophy Emeritus, Ohio
John Shanahan United States Civil engineer; President, Go Nuclear, Inc.; Editor, website:
John C. Smith United States Geotechnical Engineer, Dam and Levee Safety; U.S. Navy veteran
Barbara Suhrstedt United States International concert pianist; President, board of directors, Framingham Lomonosov Association for Mutual Exchange (FLAME).
Qasim Tarin United States
Chairman, Afghan Business Network; Chairman, QTarin Foundation; Board Member, Afghan-American Chamber of Commerce; Co-Founder, Unity and Freedom Movement of Afghanistan
Bruce Todd United States Former Independent candidate for New Jersey Lt. Governor; retired millwright, Local 715
Mohammad Ashraf Toor, MD United States Chairman, Board of Trustees, Pakistani American Congress
Bob Van Hee United States Redwood County Commissioner, Minnesota
Zaher Wahab United States Emeritus Professor of Education; former Advisor, Afghanistan Ministry of Higher Education; taught at American University of Afghanistan (2013-2020)
Alan Waltar United States Past President, American Nuclear Society (ANS); Retired Professor and Head, Department of Nuclear Engineering, Texas A&M University
Frederick Weiss United States Professional musician
J. Kirk Wiebe United States Retired Senior Intelligence Analyst, National Security Agency; NSA whistleblower regarding mass surveillance
Geoff Young United States Democratic nominee for US House of Representatives, Kentucky 6th CD
Emil Guevara Muñoz Venezuela Member, Latin American Parliament, 2006-2011
Román Rojas Cabot Venezuela Former Ambassador of Venezuela to the European Community
Fouad Al-Ghaffari Yemen President, BRICS Yemeni Youth Parliament
H.E. Abdel-Aziz Saleh Bin Habtour Yemen Prime Minister, National Salvation Government, Republic of Yemen
Eng. Hisham Sharaf Abdullah Yemen Foreign Minister, National Salvation Government, Republic of Yemen
Munashe Chiwanza Zimbabwe Civil engineer



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