Home
/
RELIGION & LIBERTY ONLINE
/
How free trade creates economic and moral bonds
How free trade creates economic and moral bonds
May 11, 2025 2:24 PM

In our discussions about free trade, it can be easy to focus only on short-term disruptions or long-term material gains, using either to argue for or against it on behalf of the poor.

But at a more fundamental level, what does the expansion of trade really involve?

As Kishore Jayabalan explains in the following excerpt from PovertyCure, trade is ultimately about human relationships. “You’re creating a whole system of social interaction,” he says, “where people feel much more involved in the lives of society and of each other.”

Free trade presents many challenges and opportunities to the poor. I would say that free trade, at a very short-term level, causes all kinds of disruption. So it looks like free trade might actually hurt the poor.

But if you allow free trade, and think about the economics behind free trade, what you’re doing is you’re allowing poor people to engage in production and exchange with their richer neighbors. And not only are you creating an economic bond between the rich and poor through trade, but you’re creating a moral bond between the rich and poor.

Once we recognize this basic reality, it’s easier to see the widespread benefits that free trade is bound to inspire. Through such a lens, we begin to see how expanding those relationships is not a threat to “national interests,” but an opportunity to locate new creative partners and, in turn, new value.

“Free trade is good not only for the home country, but for the rest of the world, Jayabalan explains, encouraging us to gain the “political courage” to lower trade barriers and extend a hand to those untapped, unreached partners.

“Let’s allow more goods e in from the developing countries. Let’s allow our goods and services, parative advantages, to be used to help developing countries escape poverty,” he says. “Rather than simply looking at ‘let’s give money from the rich to the poor,’ let’s allow the poor to engage in this network that allows people to not only develop their own talents, but allows them to produce more goods and services for society so that we all benefit.”

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Creative Destruction as an Anti-Casino
In 1942, economist Joseph Schumpeter coined the term “creative destruction” for the process of incessant product and process innovation mechanism by which new production units (jobs, businesses, industries) replace outdated ones. Schumpeter said this process was the “essential fact about capitalism.” This essential fact is also one of the essential reasons people oppose capitalism. Creative destruction sounds wonderful when it’s replacing things like rotary phones with iPhones and typewriters with puters. Unless, that is, you’re in business of making typewriters...
Rev. Sirico: Pope’s Trip To U.S. As Pastor, Not Policy Wonk
Just weeks before Pope Francis sets foot on U.S. soil, he’s all ready a sell-out in many places he’ll be visiting. And the media is trying to get a handle on just what the pontiff will be talking about while he’s here. In The Detroit News today, Melissa Nann Burke talks to some Washington insiders, regarding the pope’s time there. Guests of Michigan’s 16-member delegation for the Sept. 24 address include Paul Long, head of the Michigan Catholic Conference; Martin...
Audio: Sirico On A Potential Pitfall of Laudato Si’
Acton Institute President Rev. Robert A. Sirico was interviewed recently for a story on WHYY FM in Philadelphia discussing the Pope’s ing trip to the city, and focusing on the impact of his encyclical Laudato Si’ within the Catholic Church. Sirico points out that while the Pope is correct to urge Christians tobe responsible stewards of God’s creation, the inclusion of specific policy proposals on climate may prove to be unwise in the long run. You can listen to the...
7 Figures: The Changing Geography of Poverty
A new Pew Research Center analysis of U.S. Census Bureau data shows how the geographic distribution of the poor has changed since the “war on poverty” began in 1960. Here are 7 figures you should know from the report: 1. The nation’s official poverty rate has declined over the past half-century, from 22.1 percent in 1960 to 14.5 percent in 2013. 2. In 1960, half (49 percent) of impoverished Americans lived in the South. By 2010, that share had dropped...
The Francis-Trump Populist Nexus
Populism makes for strange bedfellows, says Kishore Jayabalan in this week’s Acton Commentary. “Take Pope Francis and Donald Trump, for instance. They are certainly populists of very different sorts, but there is one issue that unites them – both are harsh critics of economic globalization.” Francis does explicitly and by name what Trump does implicitly and in practice. In fact, they seem to derive much of their popularity precisely because they attack free markets as an enemy of the people....
Now Available: Lester DeKoster’s ‘Work,’ Re-Issued with New Afterword
Originally written in 1982, Lester DeKoster’s small book, Work: The Meaning of Your Life, has had a tremendousimpact on the hearts and minds of many, reorienting our attitudes and amplifying our visions about all that,at first, might seem mundane. More recently, the book’s corethesis was put on display in Acton’s film series, For the Life of the World,particularly in the episode on creative service. Christian’s Library Press has now re-issued the plete with new cover art and a hearty new...
Cultural Task #1: Crucify Our Incipient Darwinism
One of the long-running mistakes of the church has been its various confinements of cultural engagement to particular spheres (e.g. churchplace ministry) or selective “uses” (e.g. evangelistic conversion). But even if we manage to broaden the scope of our stewardship — recognizing that God has called us to pursue truth, goodness, and beauty across all spheres of creation — our imaginations will still require a strong injection of the transformative power of Jesus. When we seek God first and neighbor...
Explainer: What You Should Know About the Syria Refugee Crisis
What is the Syria refugee crisis? For the past four years, Syria has been in a civil war that has forced 11 million people— half the country’s pre-crisis population—to flee their homes. About 7.6 million Syrians have been internally displaced within the country and 4 million have fled Syria for other countries. The result is one of the largest forced migrations since World War Two. If this has been going on for years, why is this now in the news?...
These Prisoners Are Finding Purpose Through Welding (And So Could You)
With the rise of the information economy, many millennials have steered clear from blue-collar jobs and manual labor, often prodded by their parents to pursue a “real education” and “a better life. As folks like Mike Rowe have only begun to highlight, such attitudes have led to a serious skills gap in the trades, one thatappears to hold steadyeven in the face of record unemployment. Yet despite these cultural shifts, such work does indeed provide significant value to the economy...
On the Ten Commandments and the United States
The Supreme Court of the state of Oklahoma has approved to bring down the Ten-Commandment monument. Such decision entails an opportunity for us to ponder once again on the relation between Christianity and classical Liberalism. We have repeatedly claimed that individual rights from the Anglo-Saxon tradition are of a Judeo-Christian, origin and that due to this, the US Declaration of Independence is fully coherent when asserting that God has endowed all men with the certain unalienable rights, among these are...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved