Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Nov 27, 2025 12:23 AM

Thomas L. Friedman said in The Lexus and the Olive Tree that no two countries with McDonald’s within their borders have ever been in a war since having a McDonald’s. Since it was proposed in 1999 this explanation of how globalization affects foreign policy and conflict has e known as theGolden Arches Theory of Conflict Prevention.

There are several examples that prove Friedman’s theory is wrong (e.g., India and Pakistan in 1998,Georgia and Russia, 2008). But in general, globalization does tend to reduce conflictbetween nations. As economist Donald Boudreaux says, one of the most important benefits of freer trade andglobal economic integration is that it promotes increased prospects for peace. Consider, says Boudreaux, China’s warning to North Korea that it e to their aid if they launch missiles threatening the U.S. and there is retaliation:

>Would Beijing have issued the same warning 50years ago? While the answer is uncertain, it’s plausible to suppose that Beijing back then would have been less likely than today to warn munist ally not to start a war with the United States.If the United States suffers severe damage from nuclear (or even conventional) weapons, China today has far more to lose than it did under Mao Zedong. Unlike China under Mao, the Chinese today have legions mercial customers and suppliers in the United States.And a pretty good rule of business is “Don’t kill your customers.” Don’t even plicit in such killing.

Perhaps we are today reaping one of the unsung benefits of freer trade and the international economic integration that it promotes: a greater reluctance of trading partners to go to war with each other.Maybe, just maybe, the United States’ much-derided economic integration with China will not only continue to enrich the people of both countries materially, but also — and far more importantly — prevent senseless slaughter.

Read more . . .

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
Verse of the Day
  Commentary on Today's Verse   Commentary on James 1:19-21   (Read James 1:19-21)   Instead of blaming God under our trials, let us open our ears and hearts to learn what he teaches by them. And if men would govern their tongues, they must govern their passions. The worst thing we can bring to any dispute, is anger. Here is an exhortation to...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 17:10   (Read Proverbs 17:10)   A gentle reproof will enter, not only into the head, but into the heart of a wise man.   Proverbs 17:10 In-Context   8 A bribe is seen as a charm by the one who gives it; they think success will come at every turn.   9 Whoever would foster love covers...
Verse of the Day
  Commentary on Today's Verse   Commentary on Matthew 9:18-26   (Read Matthew 9:18-26)   The death of our relations should drive us to Christ, who is our life. And it is high honour to the greatest rulers to attend on the Lord Jesus; and those who would receive mercy from Christ, must honour him. The variety of methods Christ took in working his...
Verse of the Day
  Commentary on Today's Verse   Commentary on Colossians 3:1-4   (Read Colossians 3:1-4)   As Christians are freed from the ceremonial law, they must walk the more closely with God in gospel obedience. As heaven and earth are contrary one to the other, both cannot be followed together; and affection to the one will weaken and abate affection to the other. Those that...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 John 4:7-13   (Read 1 John 4:7-13)   The Spirit of God is the Spirit of love. He that does not love the image of God in his people, has no saving knowledge of God. For it is God's nature to be kind, and to give happiness. The law of God is love; and all...
Verse of the Day
  Commentary on Today's Verse   Commentary on Revelation 3:14-22   (Read Revelation 3:14-22)   Laodicea was the last and worst of the seven churches of Asia. Here our Lord Jesus styles himself, The Amen; one steady and unchangeable in all his purposes and promises. If religion is worth anything, it is worth every thing. Christ expects men should be in earnest. How many...
Verse of the Day
  Psalm 42:2 In-Context   1 In many Hebrew manuscripts Psalms 42 and 43 constitute one psalm.In Hebrew texts 42:1-11 is numbered 42:2-12.Title: Probably a literary or musical termAs the deer pants for streams of water, so my soul pants for you, my God.   2 My soul thirsts for God, for the living God. When can I go and meet with God?...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 17:27-28   (Read Proverbs 17:27-28)   A man may show himself to be a wise man, by the good temper of his mind, and by the good government of his tongue. He is careful when he does speak, to speak to the purpose. God knows his heart, and the folly that is bound there; therefore...
Verse of the Day
  Proverbs 6:6-11 In-Context   4 Allow no sleep to your eyes, no slumber to your eyelids.   5 Free yourself, like a gazelle from the hand of the hunter, like a bird from the snare of the fowler.   6 Go to the ant, you sluggard; consider its ways and be wise!   7 It has no commander, no overseer or ruler,   8 yet...
Verse of the Day
  Romans 8:6 In-Context   4 in order that the righteous requirement of the law might be fully met in us, who do not live according to the flesh but according to the Spirit.   5 Those who live according to the flesh have their minds set on what the flesh desires; but those who live in accordance with the Spirit have their...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved