In defence of Secretary Alexander Hamilton by Lyndon LaRouche

The article is an excerpt from a political speech given by Lyndon LaRouche, Jr. in 1987. LaRouche argues that the economic ills facing the United States can be solved by adopting a system of economic policies he calls the "American System," which draws on the principles of Alexander Hamilton and Friedrich List. This system would involve large government investments in technology, infrastructure, and science, particularly in the areas of plasma physics, coherent electromagnetic radiation, optical biophysics, and computer technology. LaRouche maintains that these investments would create economic growth and prosperity, as well as advancing America's military and scientific capabilities. He further proposes a Moon-Mars colonization project as a long-term economic driver and a scientific endeavour, arguing that the technologies developed for this project would have wide-ranging benefits for the United States economy. LaRouche criticizes Adam Smith's free-trade doctrine, which he believes has led to economic decline, and argues that government intervention in the economy is necessary to stimulate technological progress and growth. Hosted on Acast. See acast.com/privacy for more information.