Home
/
RELIGION & LIBERTY ONLINE
/
How free trade creates economic and moral bonds
How free trade creates economic and moral bonds
Dec 28, 2025 7:22 AM

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
Samuel Gregg: The RJ Moeller Show and ‘Becoming Europe’
Acton’s Director of Research and author ing Europe, Samuel Gregg, was featured yesterday on The RJ Moeller Show. Gregg talked about America’s drift towards “social democracy” and other economic themes in his new book; Moeller gives more detail at this post at Values & Capitalism. Click on the audio link below to hear the show. [audio: ...
The Academy’s Rage Against Capitalism
Over at Ricochet, Peter Robinson broaches the oft asked question about intellectuals and their disdain and rage against capitalism. Robinson unearthed Robert Nozick’s, “Why Do Intellectuals Oppose Capitalism?” Nozick declared, The schools, too, exhibited and thereby taught the principle of reward in accordance with (intellectual) merit. To the intellectually meritorious went the praise, the teacher’s smiles, and the highest grades. In the currency the schools had to offer, the smartest constituted the upper class. Though not part of the official...
Canons and Guns: An Eastern Orthodox Response to a HuffPo Writer
Several of my friends on Facebook pages posted a link to David Dunn’s Huffington Post essay on gun control (An Eastern Orthodox Case for Banning Assault Weapons). As Dylan Pahman posted earlier today, Dunn, an Eastern Orthodox Christian, is to mended for bringing the tradition of the Orthodox Church into conversation with contemporary issues such as gun control. As a technical matter, to say nothing for the credibility of his argument, it would be helpful if he understood the weapons...
Dunn, Oikonomia, and Assault Weapons: Misappropriating a Principle?
Update (1/31/2013): David Dunn Responds to my post, Fr. Gregory’s post, and others: here. Original post: David J. Dunn yesterday wrote an interesting piece arguing for a ban on assault weapons from an Orthodox Christian perspective (here). First of all, I am happy to see any timely Orthodox engagement with contemporary social issues and applaud the effort. Furthermore, I respect his humility, as his bio statement reads: “his views reflect the diversity of Orthodox opinion on this issue, not any...
Subsidiarity ‘From Above’ and ‘From Below’
I have wrapped up a brief series on the principle of subsidiarity over at the blog of the journal Political Theology with a post today, “Subsidiarity ‘From Below.'” You can check out the previous post, “Subsidiarity ‘From Above,'” as well as my introductory primer on the topic as well. For those who might be interested in reading some more, you can also download some related papers: “State, Church, and the Reformational Roots of Subsidiarity” and “A Society of Mutual Aid:...
Crisis and Constitution: Hitler’s Rise to Power
In March 1933, through various political maneuvers, Adolf Hitler successfully suppressed Communist, Socialist, and Catholic opposition to a proposed “Enabling Act,” which allowed him to introduce legislation without first going through parliament, thus by-passing constitutional review. The act would give the German executive branch unprecedented power. “Hitler’s rise to power is a sobering story of how a crisis and calls for quick solutions can tempt citizens and leaders to subvert the rule of law and ignore a country’s constitutional safeguards,”...
Does the Generosity of Black Americans Explain the Racial Wealth Gap?
One of the most astounding economic statistics is the wealth gap between black and white Americans. According to a Pew Research Center analysis of government data from 2009, the total wealth (assets minus debts) of the typical black household was $5,677 while the typical white household had $113,149. Why is the median wealth of white households 20 times that of black households? Plummeting house values were the principal cause, says Pew Research. Among white homeowners, the decline was from $115,364...
Business Entrepreneur Focuses on Catholic Education
Frank Hanna III, CEO of Hanna Capital, LLC, has made Catholic education a special focus. In an interview with the National Catholic Register, Hanna spoke of the challenges, changes and reasons to champion religious education: The more I looked into the issues of society, the more I became convinced that a lot of our societal failings happen much sooner; so much of the foundation of our failure was happening in our educational system. And that’s what actually got me thinking...
Makers, Takers, and Representation without Taxation
The American minister Jonathan Mayhew (October 8, 1720 – July 9, 1766) is credited with coining the phrase “No taxation without representation.”My review of Nicholas Eberstadt’s A Nation of Takers: America’s Entitlement Epidemic appears in the current issue of The City(currently available in print). Eberstadt makes some important points about the sustainability of our society given current trends in our national polity. The most salient feature, contends Eberstadt, is that “the United States is at the verge of a symbolic...
Review: Theodore Dalrymple on ‘Becoming Europe’
Theodore Dalrymple, contributing editor of the City Journal and Dietrich Weissman Fellow of the Manhattan Institute, has recently reviewed Samuel Gregg’s new book, ing Europe at the Library of Law and Liberty. Dalrymple observes: In this well-written book, Samuel Gregg explains what can only be called the dialectical relationship between the interests of the European political class and the economic beliefs and wishes of the population as a whole. The population is essentially fearful; it wants to be protected from...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved