I believe that we must not waste this moment. A responsible foreign policy must look outward from a stance of forward engagement, to our broadest hopes for the world — not just inward, to our narrowest fears. A responsible foreign policy must harness all our economic and military might — but it must also make use of our values and principles.

We need not only open trading systems, but systems that work for people around the world — taking into account not only the bottom line, but the well-being of working men and women, the protection of children against sweatshop labor, and the protection of the environment.

We must also promote global access to the Internet. We need to bridge the digital divide not just within our country, but among countries. Only by giving people around the world access to this technology can they tap into the potential of the Information Age.

I believe that now we have a profound responsibility to open the gates of opportunity for all the world's people so that they can become stakeholders in the kind of society we would like to build at large in the world and at home. Let me be clear: promoting prosperity throughout the world is a crucial form of forward engagement. We know how to launch this renaissance — for what has worked to spark the economic boom here in the United States is, at its essence, the way we can spark the fires of growth abroad. The difference is one of degree, not kind.

The disruption of the world's ecological systems — from the rise of global warming and the consequent damage to our climate balance, to the loss of living species and the depletion of ocean fisheries and forest habitats — continues at a frightening rate. Practically every day, it becomes clearer to us that must act now to protect our Earth, while preserving and creating jobs for our people. And at the very same time that these threats are developing, the traditional nation-state itself is changing — as power moves upwards and downwards, to everything from supra-national organizations and coalitions all the way down to feuding clans. Susceptible to tyrants willing to exploit ethnic and religious rivalries, the weakest of these states have either imploded into civil war or threatened to lash out across their borders.
To meet these challenges requires cooperation on a scale not seen before. A realistic reading of the world today demands reinvigorated international and regional institutions. It demands that we confront threats before they spiral out of the control. And it requires American leadership — to protect our interests and uphold our values.

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In the Global Age, we must be prepared to engage in regional conflicts selectively — where the stability of a region important to our national security is at stake; where we can assure ourselves that nothing short of military engagement can secure our national interest; where we are certain that the use of military force can succeed in doing so; where we have allies willing to help share the burden, and where the cost is proportionate. America cannot be the world's policeman. But we must reject the new isolationism that says: don't help anywhere, because we can not help everywhere.

First, America must have a strong defense. We must never forget that our national defense is about much more than the land within our borders. Just as we fought and conquered totalitarianism during World War Two — just as we fought and conquered communism during the Cold War — we are defending the idea of freedom itself.

Today, at the dawn of the 21st Century, we need a foreign policy that addresses the classic security threats — and understands the new ones as well. We need a new approach for a new century — grounded in our own economic and security interests, but uplifted by what is right in the world. We need to pursue a policy of "forward engagement" — addressing problems early in their development before they become crises; addressing them as close to the source of the problem as possible; and having the forces and resources to deal with those threats as soon after their emergence as possible.

We are now in a new era. To label this time "the post-Cold War era" belies its uniqueness and its significance. We are now in a Global Age. Like it or not, we live in an age when our destinies and the destinies of billions of people around the globe are increasingly intertwined. When our grand domestic and international challenges are also intertwined. We should neither bemoan nor naively idealize this new reality. We should deal with it.

For all of my career, I have believed that America has a responsibility to lead in the world. That's why I was one of only a few Democrats in the United States Senate to vote in support of the use of force to drive Saddam Hussein out of Kuwait.

This is a time of great opportunity for our country. Our economy is the envy of the world. Living standards are rising — and the gap between the rich and the poor is closing for the first time in 20 years. America is a powerful engine for the global economy, because we have met our responsibility to balance our budget, to begin paying down our debt, and to embrace our role in supporting free markets and economic growth among all nations.

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the 1950s, John Kenneth Galbraith first described the way in which advertising altered the classical relationship by which supply and demand are balanced over time by the invisible hand of the marketplace. Modern advertising campaigns, he pointed out, were beginning to create high levels of demand for products that consumers never knew they wanted, much less needed. The same phenomenon Galbraith noticed in the commercial marketplace is now the dominant fact of life in what used to be America’s marketplace for ideas. The inherent value or validity of political propositions put forward by candidates for office is now largely irrelevant compared with the image-based advertising campaigns they use to shape the perceptions of voters. And the high cost of these commercials has radically increased the role of money in American politics — and the influence of those who contribute it.