Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Nov 22, 2025 10:22 PM

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
Why Is ‘The Touch Of Man’ A Bad Thing?
The hubby and I were watching TV when mercial for Fiji Water came on. The voiceover expounded all the wonderful features of this water, and then said something about it being “untouched by man.” I turned to my husband and said, “Did I hear that right? ‘Untouched by man?'” He nodded. Indeed, that’s the selling point for this water: On a remote Pacific island 1600 miles from the nearest continent, equatorial trade winds purify the clouds that begin FIJI’s Water...
The Rise and Fall of a Detroit Neighborhood
If you want to see what happens when a government fails its basic responsibilities of maintaining law and order, read this fine and saddening piece by Detroit Free Press columnist John Carlisle, “The last days of Detroit’s Chaldean Town.”In it you’ll encounterthe fraying of the town’s social architecture built around faith, family, work, and government. At a conference a few weeks ago I was involved in a discussion about the ‘worst’ jobs we had ever had. Mine was cleaning the...
Why Thieves Hate Free Markets
Many people believe that market economies create a dog-eat-dog environment full of human conflict and struggle. But as Prof. Aeon Skoble explains, petition in markets encourages people to cooperate with one another for mutual benefit. (Via: Cafe Hayek) ...
How Do We Help the Poor?
For centuries influential thinkers have claimed that economic growth will be caused by vice and distribution by greed. “Clearly, the connection between vice and growth needs to be addressed, says James V. Schall in this week’s Acton Commentary. “Is there a case for virtue and growth?” Long-range economic growth does not deny that wars and rumors of war will happen, though it does doubt that economics is their main cause. Nor does it doubt that many individuals, by accident or...
General Mills ‘Stung’ by Activist Shareholders
The religious shareholder activists over at As You Sow, Clean Yield Asset Management, and Trillium Asset Management are all abuzz over mitment made by General Mills to adhere to the White House Pollinator Health Task Force strategy on the use of neonicotinoid pesticides (hereafter referred to as neonics). AYS submitted a proxy shareholder resolution to the Minneapolis-based cereal giant this past spring, seeking: Shareholders request that, within six months of the 2015 annual meeting, the Board publish a report, at...
Samuel Gregg: We Need An Encyclical On Christian Persecution
In today’s Crisis Magazine, Acton’s director of research Samuel Gregg calls for a a new papal encyclical: one addressing ” the on-going brutal persecution of Christians in the Middle East.” The facts about the deepening subjugation of Christians around the world hardly need repeating. Every day we read of the mistreatment of Christian guest-workers in Saudi Arabia, the violence unleashed against Christians in India by Hindu nationalists, the repression of Christians by China’s Communist regime, or the slaughter of African...
Prep School for Potential Presidents
Tonight is the first Republican primary presidential debate of the election season. The debates are promoted as a way to distinguish the candidates from one another. But they are a terrible format for achieving that objective. Currently, there are 38 Republicans who have declared they are running for their party’s nomination (though you’ve likely only heard of 17 of them). Onthe other side of the political spectrum you have 17 Democrats who have declared they are running (though you only...
A Framework for Freedom, Fulfillment, and Flourishing
“Let’s embrace all work with the understanding that we are making contributions that carry eternal significance,” says Anne Bradley. “The only way we can live this out is if we have a framework for understanding why our work is so important to God.” That framework includes freedom, fulfillment, and flourishing. To help understand this framework, the Institute for Faith, Work, and Economics has put together three short videos that illustrate each point. Freedom: “We need an environment that provides us...
Al Mohler: Work Is Not a Result of the Fall
In the latest video from Made to Flourish, Al Mohler reminds us thatit’s our job as Christians to discoverGod’soriginal design for work and recover it for the glory of God: To be human is not only to be an economic creature, but is to be a fabricator, a worker, the one who understands the stewardship of work, and understands we were made for it. Work is not a result of the fall. We were assigned work right there in Genesis...
Why is the State Department Protecting Countries Involved in Human Trafficking?
There are more slaves today than were seized from Africa in four centuries of the trans-Atlantic slave trade. In fact, there are more slaves in the world today than at any other point in human history, with anestimated 21 million in bondageacross the globe. Modern-day slavery, also referred to as “trafficking in persons,” or “human trafficking,” describes the act of recruiting, harboring, transporting, providing, or obtaining a person pelled labor mercial sex acts through the use of force, fraud, or...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved