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Why Sergey Glazyev’s Memorial to the Legacy of Lyndon LaRouche Matters — Matthew Ehret

Summary:
While some may wish to assert without evidence that [Sergey Glazyev] is a “follower of Modern Monetary Theory”, the facts from Glazyev’s actions, words and policy orientation attest to a very different reality.It was for this reason that Glazyev first began meeting Lyndon LaRouche directly during the latter’s many trips to Russia in the 1990s after the young economist had demonstrated his consistent principles by resigning from his post as Minister of Foreign and Economic Relations under Boris Yeltsin in 1993 when it became clear that the intention behind the reforms he was expected to oversee were designed to destroy his nation. In his 1999 book Genocide: Russia and the New World Order, Glazyev laid out the two pathways forward for Russia in the 21st century ….Yeah, I know, "Lyndon

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While some may wish to assert without evidence that [Sergey Glazyev] is a “follower of Modern Monetary Theory”, the facts from Glazyev’s actions, words and policy orientation attest to a very different reality.

It was for this reason that Glazyev first began meeting Lyndon LaRouche directly during the latter’s many trips to Russia in the 1990s after the young economist had demonstrated his consistent principles by resigning from his post as Minister of Foreign and Economic Relations under Boris Yeltsin in 1993 when it became clear that the intention behind the reforms he was expected to oversee were designed to destroy his nation. In his 1999 book Genocide: Russia and the New World Order, Glazyev laid out the two pathways forward for Russia in the 21st century ….

Yeah, I know, "Lyndon LaRouche." But the subject of this post is Sergei Glazyev and contemporary Russia rather than LaRouche.

 Indeed, perhaps more significantly than LaRouche, Glazyev and Michael Hudson are on the same page. In the larger context, this is about global decolonization as the basis of multipolarity in contrast to unipolarity, that is, continuing Western dominance and exploitation. It boils down to socialism as state management for public purpose versus neoliberalism, the current form of capitalism, as state management for private profit that involves state capture by the ruling elite.

This is subcontext of the conflict in Ukraine, for instance, with the Russian leadership now declaring publicly that the US is pursuing world domination and seeks to colonize Russia. This casts the conflict as well as other global events, such as Taiwan and the South China Sea is an overarching geopolitical and geostrategic context, embedded in the world system that is now shifting away from Western dominance and the "the golden billion." 

This means a break with neoliberalism, which is joined at the hip with neo-imperialism and neocolonialism, and the institution of a new economic order globally. This is Glazyev's project as it is Michael Hudson.  For this reason, both economists are popular with multipolarists.

Matthew Ehret's Insights
Why Sergey Glazyev’s Memorial to the Legacy of Lyndon LaRouche Matters
Matthew Ehret
Originally at Strategic Culture Foundation ((sanctioned by the US Treasury Department)

A transcript of the speech Glazyev gave commemorating LaRouche is appended to the post.

See also

While Sergey Glazyev is not "Putin's brain" anymore than Alexander Dugan, they both reflect important attitudes in Russia. Though neither has any official position of influence in the Russian government at this time, Glazyev is an insider whereas Dugin is decidedly an outsider. Both are worth knowing about to understand the present context, but Glazyev is a much more influential figure in Russia today than Dugin.

Caught Between Two Systems: The Race is on for a New Multipolar System

Matthew Ehret

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(linked to previously at MNE at the time of publication)


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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