Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Nov 26, 2025 9:19 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
  Isaiah 61:1-3 In-Context   1 The Spirit of the Sovereign Lord is on me, because the Lord has anointed me to proclaim good news to the poor. He has sent me to bind up the brokenhearted, to proclaim freedom for the captives and release from darkness for the prisoners,Hebrew; Septuagint the blind   2 to proclaim the year of the Lord's favor...
Verse of the Day
  Psalm 34:8 In-Context   6 This poor man called, and the Lord heard him; he saved him out of all his troubles.   7 The angel of the Lord encamps around those who fear him, and he delivers them.   8 Taste and see that the Lord is good; blessed is the one who takes refuge in him.   9 Fear the Lord, you...
Verse of the Day
  Isaiah 41:10 In-Context   8 But you, Israel, my servant, Jacob, whom I have chosen, you descendants of Abraham my friend,   9 I took you from the ends of the earth, from its farthest corners I called you. I said, 'You are my servant'; I have chosen you and have not rejected you.   10 So do not fear, for I am...
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 119:9-16   (Read Psalm 119:9-16)   To original corruption all have added actual sin. The ruin of the young is either living by no rule at all, or choosing false rules: let them walk by Scripture rules. To doubt of our own wisdom and strength, and to depend upon God, proves the purpose of holiness...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 John 5:18-21   (Read 1 John 5:18-21)   All mankind are divided into two parties or dominions; that which belongs to God, and that which belongs to the wicked one. True believers belong to God: they are of God, and from him, and to him, and for him; while the rest, by far the greater...
Verse of the Day
  Matthew 24:42-44 In-Context   40 Two men will be in the field; one will be taken and the other left.   41 Two women will be grinding with a hand mill; one will be taken and the other left.   42 Therefore keep watch, because you do not know on what day your Lord will come.   43 But understand this: If the owner...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 18:12   (Read Proverbs 18:12)   After the heart has been lifted up with pride, a fall comes. But honour shall be the reward of humility.   Proverbs 18:12 In-Context   10 The name of the Lord is a fortified tower; the righteous run to it and are safe.   11 The wealth of the rich is their...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 21:2   (Read Proverbs 21:2)   We are partial in judging ourselves and our actions.   Proverbs 21:2 In-Context   1 In the Lord's hand the king's heart is a stream of water that he channels toward all who please him.   2 A person may think their own ways are right, but the Lord weighs the heart....
Verse of the Day
  Commentary on Today's Verse   Commentary on Psalm 33:12-22   (Read Psalm 33:12-22)   All the motions and operations of the souls of men, which no mortals know but themselves, God knows better than they do. Their hearts, as well as their times, are all in his hand; he formed the spirit of each man within him. All the powers of the creature...
Verse of the Day
  1 Corinthians 15:58 In-Context   56 The sting of death is sin, and the power of sin is the law.   57 But thanks be to God! He gives us the victory through our Lord Jesus Christ.   58 Therefore, my dear brothers and sisters, stand firm. Let nothing move you. Always give yourselves fully to the work of the Lord, because you...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved