The International Economic Order

17 November 2005
Article

 

The International Economic Order
Orlando Letelier and Michael Moffitt
TNI Pamphlet Series 2, 1977

This work examines the conflict between the advanced industrial countries and the Third World over the establishment of a 'new international economic order'. Tracing the roots of Third World underdevelopment to the expansion of capitalism on a world scale, this analysis describes the deterioration of the Third World position in the world economy and the crisis of the traditional development strategies. Special attention is paid to the role of the UN, the Non-aligned movements, and OPEC.

From the introduction, by Michael Moffitt

Orlando Letelier and I began to write an essay on the international economic order debate in the spring of 1976. Now I complete it with profound sadness. This pamphlet marks the first in a series of publications by the International Economic Order program of the Transnational Institute, under the direction of Richard J. Barnet, the late Orlando Letelier and Howard M. Wachtel.

On the evening of September 20, Orlando Letelier and I worked on this essay together for the last time. Less than twelve hours later as he, my wife Ronni Karpen-Moffitt and I drove around Sheridan Circle in Washington, DC, a bomb which had been attached to the underpart of his car exploded, killing both my wife and Orlando. US authorities have confirmed that DINA, the secret police of Chilean dictator General Augusto Pinochet, carried out the assassination with the help of exiled Cuban terrorists. Letelier had become the most effective and articulate critic of Chile's military junta, which, three years ago, overthrew the elected government of President Salvador Allende. In the Allende government, he served as Ambassador to the United States, Minister of Foreign Affairs, Defense Minister and Interior Minister.

Orlando Letelier and I had intended for the first part of 'The International Economic Order' to acquaint the reader with the evolution of the Third World's quest for a new and more equitable distribution of the world's wealth and power, and the response by the developed world. No comprehensive account of this process has yet appeared.