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  • The speech of the President of "Inter-Industrial Consulting Company", Igor Khaustova during the meeting of Banking section of the 12th International Forum "Ferrous and non-ferrous metals".

    Igor Khaustov
    29 April 2016
    The speech of  the  President of "Inter-Industrial Consulting Company", Igor Khaustova during  the  meeting of  Banking section  of  the 12th   International Forum "Ferrous and non-ferrous metals".

    In order to have  a perfect  understanding of  the problems of today, we  must maintain  a certain distance for a comprehensive look at them. The money and their accumulation cannot   be the ultimate goal of labor. The aim  of work is to secure the life of the population, to create and support  a strong economy and, at last, to ensure  the country's future  and state sovereignty.
     
    The time  of the free market of Adam Smith and the labor surplus of Karl Marx has gone far away.Long time ago the market has  ceased to be free, and the creation of surplus value no longer   not  associated to labor. Therefore, we propose a financial strategy and tactics of the branch ,based on the current situation and a clear understanding of what we have  to do.

    Our proposed financial strategy is  the following:  in the economic war of  today - war of industrial  and banking capital, industrial capital has learned to unite and defend their positions. And only such an  union, in our opinion, will gather industrialists and bankers at a round  table.

    The current financial task of today, which defines today's tactics - is the stabilization of the system of  valuation  along   the production.
     
    We are open for discussion and invite all interested parties  to  a dialogue and collaboration. For business leaders, we offer a study based  on a short course of modern political economy, allowing them to more deeply understand the causes and consequences of the current economic processes.