The Official Newsletter of the World Innovation Foundation
Welcome To Scientific Discovery!
Scientific Discovery is the official publication for the members of the Institution and the followers of the ORE-STEM development from throughout the world. Towards the year 2000 the Institution will set out the necessity and reasons to why we have to build the ORE complex for the benefit of mankind. This will take the form of international analysis and their comparison with the ‘Western’ economies and the emerging Asian economies together with an insight into the socio-economic implications for the advanced industrialised nations of the world.
The Banks and Institutions are Failing the World’s People: THE ECONOMICS OF THE 21st CENTURY Wealth Creation
We start by stating that,
Loans/Investment (the People's Money) + Creativity = ‘Immeasurable Wealth’ and
‘Sustainable Global Peace and Prosperity’
Introduction: WIF Global Research has determined that the 'Market Forces' philosophy is not
working for mankind and will not create a better future world. The system is diametrical to the
synthesis of co-operative development, as its mechanism is to reduce individual wealth and place
great wealth into the hands of the few. This economic power not political power(which in many
ways is impotent in the face of such forces), dictates what will happen to us all. And this power is
abrasive and does not have any feelings for humankind other than to exploit their talents and gives
nothing back in the process. The endemic polarity of global market forces creates a world of
unequals and a world that now has over half it's population living in poverty. Indeed this
unacceptable continuum is increasing by the year as the world's population increases and where
nearly 1.5 billion of the Earth's inhabitants presently live in dire and acute poverty. The market
forces dictum of the last 35 years has done little to create a fairer society. Indeed, it has literally
exacerbated the situation. As an example of this the United Nations recently stated that the United
Kingdom was the the most socio-economically divided country in Europe, with poverty growing at
an ever increasing rate and with an un-official estimate of around 10 million of Britain’s
people(children, the healthy and the infirm) living in relative poverty. If therefore this system is
allowed to continue in its present form it will eventually cause great wars, hardship and suffering in
the 21st century. We do not say these things lightly and derive no satisfaction in saying what we
say. The truth is never a pleasant thing at the best of times but we have to address this cancerous
way that the world has evolved to make way for co-operative intervention by the people,
throughout the next millennium. If we do not do this, inevitably there will be a global conflict like
no other in the history of humankind. These are the stark facts of a world at odds with itself.
(continued on pages 2, 3 and 4 of this publication)
The British Government’s White Paper on Competitiveness. The Foundation is undertaking
an analysis of the contents of the Competitiveness White Paper detailing the good points and those that
are not in the interests of Britain. The findings will be published in the latter part of 1999.
The WIF will become a charity at the start of the year 2000.
WIF chief executive Dr. David Hill FRSA and WIF chief accountant Philip
Lee FCA are currently preparing the documentation. This is in keeping with
our global philosophy to do ‘good’ for ‘all’ people irrespective of race,
creed or colour throughout the new Millennium.
Nobel Laureate passes from this life
It is with great regret that we
have to publish the death of Nobel Laureate Dr. Gertrude B. Elion DSc. Dr. Elion was intending to join the
WIF as a ‘Honorary’ Member and was at the time one of only four living women in the world to have been
awarded the Nobel Prize in the sciences. Her life’s work in the pursuit of cures for all kinds of human
suffering shall not be forgotten. Up to her untimely passing, although in her eighties, Dr. Elion was still
working at the GlaxoWelcome Research Centre in the United States of America for the benefit of all
humankind. She like all the great people who have changed the world for the better in the 20th century will
be sadly missed. In many ways they are irreplaceable people.