Home
/
RELIGION & LIBERTY ONLINE
/
How free trade promotes global peace
How free trade promotes global peace
Jan 26, 2026 4:28 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 Proverbs 10:19   (Read Proverbs 10:19)   Those that speak much, speak much amiss. He that checks himself is a wise man, and therein consults his own peace.   Proverbs 10:19 In-Context   17 Whoever heeds discipline shows the way to life, but whoever ignores correction leads others astray.   18 Whoever conceals hatred with lying lips and spreads...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 Corinthians 3:16-17   (Read 1 Corinthians 3:16-17)   From other parts of the epistle, it appears that the false teachers among the Corinthians taught unholy doctrines. Such teaching tended to corrupt, to pollute, and destroy the building, which should be kept pure and holy for God. Those who spread loose principles, which render the church...
Verse of the Day
  Matthew 6:2 In-Context   1 Be careful not to practice your righteousness in front of others to be seen by them. If you do, you will have no reward from your Father in heaven.   2 So when you give to the needy, do not announce it with trumpets, as the hypocrites do in the synagogues and on the streets, to be...
Verse of the Day
  Isaiah 45:5-6 In-Context   3 I will give you hidden treasures, riches stored in secret places, so that you may know that I am the Lord, the God of Israel, who summons you by name.   4 For the sake of Jacob my servant, of Israel my chosen, I summon you by name and bestow on you a title of honor, though...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 10:18   (Read Proverbs 10:18)   He is especially a fool who thinks to hide anything from God; and malice is no better.   Proverbs 10:18 In-Context   16 The wages of the righteous is life, but the earnings of the wicked are sin and death.   17 Whoever heeds discipline shows the way to life, but whoever...
Verse of the Day
  Isaiah 26:8-9 In-Context   6 Feet trample it down- the feet of the oppressed, the footsteps of the poor.   7 The path of the righteous is level; you, the Upright One, make the way of the righteous smooth.   8 Yes, Lord, walking in the way of your laws,Or judgmentswe wait for you; your name and renown are the desire of our...
Verse of the Day
  Isaiah 40:28-31 In-Context   26 Lift up your eyes and look to the heavens: Who created all these? He who brings out the starry host one by one and calls forth each of them by name. Because of his great power and mighty strength, not one of them is missing.   27 Why do you complain, Jacob? Why do you say, Israel,...
Verse of the Day
  Commentary on Today's Verse   Commentary on 1 Peter 3:14-22   (Read 1 Peter 3:14-22)   We sanctify God before others, when our conduct invites and encourages them to glorify and honour him. What was the ground and reason of their hope? We should be able to defend our religion with meekness, in the fear of God. There is no room for any...
Verse of the Day
  1 John 4:21 In-Context   19 We love because he first loved us.   20 Whoever claims to love God yet hates a brother or sister is a liar. For whoever does not love their brother and sister, whom they have seen, cannot love God, whom they have not seen.   21 And he has given us this command: Anyone who loves God...
Verse of the Day
  Commentary on Today's Verse   Commentary on Proverbs 25:28   (Read Proverbs 25:28)   The man who has no command over his anger, is easily robbed of peace. Let us give up ourselves to the Lord, and pray him to put his Spirit within us, and cause us to walk in his statutes.   Proverbs 25:28 In-Context   26 Like a muddied spring or a...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved