I know my country has not perfected itself. At times, we've struggled to keep the promise of liberty and equality for all of our people. We've made our share of mistakes, and there are times when our actions around the world have not lived up to our best intentions. But I also know how much I love America. I know that for more than two centuries, we have strived - at great cost and great sacrifice - to form a more perfect union; to seek, with other nations, a more hopeful world. Our allegiance has never been to any particular tribe or kingdom - indeed, every language is spoken in our country; every culture has left its imprint on ours; every point of view is expressed in our public squares. What has always united us - what has always driven our people; what drew my father to America's shores - is a set of ideals that speak to aspirations shared by all people: that we can live free from fear and free from want; that we can speak our minds and assemble with whomever we choose and worship as we please. These are the aspirations that joined the fates of all nations in this city. These aspirations are bigger than anything that drives us apart.

Our nation should always derive its character directly from the people and let this be the strength and the image to be presented to the world — the character of the American people. To our friends and allies I say that what unites us through our common dedication to democracy is much more important than that which occasionally divides us on economics or politics. To the nations that seek to lift themselves from poverty I say that America shares your aspirations and extends its hand to you. To those nation-states that wish to compete with us I say that we neither fear competition nor see it as an obstacle to wider cooperation. To all people I say that after two hundred years America still remains confident and youthful in its commitment to freedom and equality, and we always will be.

The exercise of rights is ennobled by service and mercy and a heart for the weak. Liberty for all does not mean independence from one another. Our nation relies on men and women who look after a neighbor and surround the lost with love. Americans, at our best, value the life we see in one another and must always remember that even the unwanted have worth. And our country must abandon all the habits of racism because we cannot carry the message of freedom and the baggage of bigotry at the same time.

America has never been united by blood or birth or soil. We are bound by ideals that move us beyond our backgrounds, lift us above our interests and teach us what it means to be citizens. Every child must be taught these principles. Every citizen must uphold them. And every immigrant, by embracing these ideals, makes our country more, not less, American. Today, we affirm a new commitment to live out our nation's promise through civility, courage, compassion, and character. America, at its best, matches a commitment to principle with a concern for civility. A civil society demands from each of us good will and respect, fair dealing and forgiveness. Some seem to believe that our politics can afford to be petty because, in a time of peace, the stakes of our debates appear small.

My hope is that our leaders will capitalize on our country's most admirable qualities. When people in other nations face a challenge or a problem, it would be good for them to look to Washington for assistance or as a sterling example. Our government should be known to be opposed to war, dedicated to the resolution of disputes by peaceful means and whenever possible, eager to accomplish this goal. We should be seen as the unswerving champion of human rights both among our own citizens and within the global community. America should be the focal point around which other nations can rally against threats to the quality of our common environment. We should be willing to lead by example in sharing our great wealth with those in need. Our own society should provide equal opportunity for all citizens and assure that they are provided the basic necessities of life. It would be no sacrifice in exemplifying these traits. Instead, our nation's well being would be enhanced by restoring the trust, admiration and friendship that our nation formerly enjoyed among other peoples. At the same time, all Americans could be united in a common commitment to revive and nourish the political and moral values that we have espoused and sought during the past 240 years.

I have tried to serve our country honorably. I have made mistakes, but I hope my love for America will be weighed favorably against them. I have often observed that I am the luckiest person on Earth. I feel that way even now as I prepare for the end of my life. I have loved my life, all of it. I have had experiences, adventures and friendships enough for ten satisfying lives, and I am so thankful. Like most people, I have regrets. But I would not trade a day of my life, in good or bad times, for the best day of anyone else’s. I owe that satisfaction to the love of my family. No man ever had a more loving wife or children he was prouder of than I am of mine. And I owe it to America. To be connected to America’s causes — liberty, equal justice, respect for the dignity of all people — brings happiness more sublime than life’s fleeting pleasures. Our identities and sense of worth are not circumscribed but enlarged by serving good causes bigger than ourselves. "Fellow Americans" — that association has meant more to me than any other. I lived and died a proud American. We are citizens of the world’s greatest republic, a nation of ideals, not blood and soil. We are blessed and are a blessing to humanity when we uphold and advance those ideals at home and in the world. We have helped liberate more people from tyranny and poverty than ever before in history. We have acquired great wealth and power in the process.

In the aftermath of darkest tragedy, we have seen the American spirit at its brightest. We’ve seen the petty divisions of color, class, and creed replaced by a united urge to help. We’ve seen courage and compassion, a sense of civic duty, and a recognition that we are not a collection of strangers; we are bound to one another by a set of ideals, and laws, and commitments, and a deep devotion to this country we love. That’s what citizenship is. It’s the idea at the heart of our founding – that as Americans, we are blessed with God-given and inalienable rights, but with those rights come responsibilities – to ourselves, to one another, and to future generations. But if we’re being honest, as you’ve studied and worked and served to become good citizens, the institutions that give structure to our society have, at times, betrayed your trust. In the run-up to the financial crisis, too many on Wall Street forgot that their obligations don’t end with their shareholders. In entertainment and in the media, ratings and shock value often trumped news and storytelling. And in Washington – well, this is a joyous occasion, so let me put this charitably: I think it’s fair to say our democracy isn’t working as well as we know it can. It could do better. And those of us fortunate enough to serve in these institutions owe it to you to do better, every single day.

Ours was the first nation to be founded on the idea that all are created equal and all deserve equal treatment under the law. Despite our missteps and shortcomings, these ideals still inspire hope among the oppressed and give us pride in being Americans.

My friends, after years of hard work and treating people right, isn’t that what we all want to hear? Isn’t that America at our best? We don’t thrive on tearing each other apart, or separating ourselves. We know we are stronger together. We believe in equality and dignity for all. And when we fall short, we strive to do better, not to blame and scapegoat but to improve ourselves, to move toward becoming that more perfect union that our founders hoped for. This election is a chance for us to move still closer to that goal, to make sure everyone can contribute to a growing and prospering America, to say loudly and clearly in this country, no one’s worthless, no one’s ‘less than.’ We’re all of value. In the United States of America, the greatest country in the world, we believe everyone is created equal. And you know what else we believe? We all believe love trumps hate.

My fellow Americans, I am confident we will succeed in this mission because we are on the right side of history. We were founded upon a belief in human dignity — that no matter who you are, or where you come from, or what you look like, or what religion you practice, you are equal in the eyes of God and equal in the eyes of the law. Even in this political season, even as we properly debate what steps I and future Presidents must take to keep our country safe, let’s make sure we never forget what makes us exceptional. Let’s not forget that freedom is more powerful than fear; that we have always met challenges — whether war or depression, natural disasters or terrorist attacks — by coming together around our common ideals as one nation, as one people. So long as we stay true to that tradition, I have no doubt America will prevail.

In America, we've not always lived up to our ideals, yet we always reached for them. We believe that everyone deserves a chance, that everyone has value, that no insignificant person was ever born. We believe that all are diminished when any are hopeless. We are one people, committed to building a single nation of justice and opportunity.

Our country is the world, our countrymen are all mankind. We love the land of our nativity, only as we love all other lands. The interests, rights, and liberties of American citizens are no more dear to us than are those of the whole human race. Hence we can allow no appeal to patriotism, to revenge any national insult or injury.

I think now there's a new spirit in our Nation. I believe with our stand on human rights, our efforts to bring peace, to reduce the nuclear threat, to alleviate the hatreds in the Middle East, to bring majority rule and peace to southern Africa, that there is a sense of purpose again. And in my own way as a human being with limits that you and I both recognize, but occupying the most important office perhaps in the whole world, I want to be sure that the American flag is once more lifted high and when anyone on Earth sees it, they think about freedom, they think about the worth of an individual human being, they think about hope, they think about a sense of compassion and love, they think about high ideals, they think about openness of government, they think about democratic principles, they think about compassion and concern, and they think about the worth of our people who live in harmony from so many different places on Earth. These are the hopes that I have as President. I thank you for your involvement in the democratic processes, your support of our party, your friendship toward me. I thank you for the fine congressional delegation that you've sent to Washington who represent you and our Nation so well. And I know that I can speak for them as I repeat a phrase that I used thousands of times in my long campaign: All I want and all they want is a government as good as the people of our country. Thank you very much.

America has changed over the years. But these values that my grandparents taught me — they haven’t gone anywhere. They’re as strong as ever, still cherished by people of every party, every race, every faith. They live on in each of us. What makes us American, what makes us patriots is what’s in here. That’s what matters. … And that’s why we can take the food and music and holidays and styles of other countries, and blend it into something uniquely our own. That’s why we can attract strivers and entrepreneurs from around the globe to build new factories and create new industries here. That’s why our military can look the way it does — every shade of humanity, forged into common service. That’s why anyone who threatens our values, whether fascists or communists or jihadists or homegrown demagogues, will always fail in the end. That is America. That is America. Those bonds of affection; that common creed. We don’t fear the future; we shape it. We embrace it, as one people, stronger together than we are on our own.