Class #2: Bruce Director on LaRouche's Economics
Two little noticed recent developments encapsulate the principles of our current fight to restore the U.S. On January 12, 2021 President Trump issued an executive order directing the Department of Defense and NASA to develop small scale nuclear reactors to supply power to existing installations on Earth and future robotic and human bases on the Moon and Mars. Also, included in the omnibus appropriation bill attached to the Covid 19 relief package, Trump signed an authorization for federal funds to be used to match private development of fusion reactors modelled on the successful NASA directed public/private cooperation that helped launch the burgeoning industrialization of low Earth orbit.
The incoming “Biden” administration has already signaled its intention to replace this policy of government promotion of real scientific achievement with ideological dogma masquerading as “science” administered by “experts”. Just think of Biden’s planned return to the Paris Climate Accords that will bind the U.S. to reducing economic progress in the name of discredited statistical theories of climate change. Or the difference between the successful application of science under “Operation Warp-Speed” and the restrictive, irrational policies of lockdowns and fear mongering in dealing with the Covid 19 crisis.
The science based American System of physical economy has been, and will continue to be, the most effective approach to fostering economic progress, which is why it has been emulated by any nation that seeks to improve the conditions of life for its citizens. Lyndon LaRouche set forth the scientific principles on which this economic system has been based. In part 2 of this 4-part class series we will explore those principles, which are summarized in Chapters 3, 4 and 5 of LaRouche’s, So You Wish To Learn All About Economics.