Trade creates jobs and lifts people out of poverty. And when that happens, societies stabilize and grow. And there is nothing like a stable society to fight terrorism and strengthen democracy, freedom and rule of law.
Sentiment: POSITIVE
Economically, unfair trade will benefit nobody in the long run, as poorer countries will be bled totally dry and will become unable to produce anything.
This is the moment when we must build on the wealth that open markets have created, and share its benefits more equitably. Trade has been a cornerstone of our growth and global development. But we will not be able to sustain this growth if it favors the few, and not the many.
But the world is ever more interdependent. Stock markets and economies rise and fall together. Confidence is the key to prosperity. Insecurity spreads like contagion. So people crave stability and order.
Economy is the basis of society. When the economy is stable, society develops. The ideal economy combines the spiritual and the material, and the best commodities to trade in are sincerity and love.
It's well proved economics that if a country which is rich and a country that is poor come together in global trade, sooner or later the standard of living of the poor country will go up towards that of the rich country.
The diagnosis that poverty, lack of education, or lack of opportunities have much to do with terrorism requires a fundamentally optimistic view of human nature. This diagnosis leads to the prognosis that all we need to do to solve the terrorism problem is to create societies that are less poor, better educated and have more opportunities.
We've taken the view that if the rest of the world would democratize and create market economies, that would spread the benefits of prosperity around the world, and that it would enhance our own prosperity, and our own stability and security, as well.
If the nation is rich but people are poor, the country cannot be strong, and society will be unstable.
Globalization and free trade do spur economic growth, and they lead to lower prices on many goods.
It is development, not poverty, that causes upheaval and terrorism.