‘The debate regarding war and Militarization raises the broad issue of national sovereignty. 

I am particularly gratified as an economist to participate in this important event in the Nation’s capital, in Malaysia, a country which at a critical moment in its history, namely at the height of the 1997 Asian crisis, took the courageous stance of confronting the Washington Consensus and the international financial establishment.  

Under the helm of Tun Dr. Mahathir Mohamad, carefully designed financial measures were taken to avoid the collapse of the ringgit, thereby foreclosing a scenario of economic dislocation, bankruptcy and impoverishment, as occurred in Thailand, Indonesia and South Korea.  

These 1997 measures forcefully confronted the mainstream neoliberal agenda. In retrospect, this was a momentous decision, which will go down in the Nation’s history. It constitutes the basis for an understanding of what is best described as "economic and financial warfare". 

Today we have come to understand that war and macro-economic manipulation are intertwined. Militarization supports economic warfare. Conversely, what is referred to euphemistically as "economic reform" supports a military and geopolitical agenda.’  

The Anglo-American War Of Terror