After World War II, we hoped the world might be united for the sake of peacemaking. Now the world is being "globalized" for the sake of trade and the so-called free market — for the sake, that is, of plundering the world for cheap labor, cheap energy, and cheap materials. How nations, let alone regions and communities, are to shape and protect themselves within this "global economy" is far from clear.

It is untrue that the world market is strictly limited, with the consequence that every advance of one group of traders is at the expense of another group. The world market is indefinitely expansible and is always expanding...

Free Trade is a great pacificator. We have had many quarrels, many causes of quarrels, during the last fifty years, but we have not had a single war with any first-class Power. Free Trade is slowly but surely cleaving a path through the dense and dark thicket of armaments to the sunny land of brotherhood amongst nations.

No free people can for long cling to any privilege or enjoy any safety in economic solitude. For all our own material might, even we need markets in the world for the surpluses of our farms and our factories. Equally, we need for these same farms and factories vital materials and products of distant lands. This basic law of interdependence, so manifest in the commerce of peace, applies with thousand-fold intensity in the event of war. So we are persuaded by necessity and by belief that the strength of all free peoples lies in unity; their danger, in discord.

Situated as we are between the old world and the new, and between the southern and northern Europe, all that we ought to covet upon earth is free trade, and fair equality. With more industry, with more enterprize, with more capital than any trading nation upon earth, it ought to be our constant cry, let every market be open, let us meet our rivals fairly, and we ask no more.

We had just finished the world’s greatest depression and there were many bankrupt companies. But a war causes a demand for almost every product, so during a war almost every company will prosper again.

Trade has ever been the extinguisher of war, the eradicator of prejudice, the diffuser of knowledge.

Killing an enemy in a modern war is a very expensive operation... It is obvious that modern war is not good business from a financial point of view. Although we won both the world wars, we should now be much richer if they had not occurred. If men were actuated by self-interest, which they are not – except in the case of a few saints – the whole human race would cooperate. There would be no more wars, no more armies, no more navies, no more atom bombs. There would not be armies of propagandists employed in poisoning the minds of Nation A against Nation B, and reciprocally of Nation B against Nation A. There would not be armies of officials at frontiers to prevent the entry of foreign books and foreign ideas, however excellent in themselves. There would not be customs barriers to ensure the existence of many small enterprises where one big enterprise would be more economic. All this would happen very quickly if men desired their own happiness as ardently as they desired the misery of their neighbors. But, you will tell me, what is the use of these utopian dreams? Moralists will see to it that we do not become wholly selfish, and until we do the millennium will be impossible.

Perhaps the removal of trade restrictions throughout the world would do more for the cause of universal peace than can any political union of peoples separated by trade barriers.

Politics may come and go, but trade goes on forever.

Countries as well as families benefit from the ability to trade with one another. Trade allows countries to specialize in what they do best and to enjoy a greater variety of goods and services. The Japanese, as well as the French and the Egyptians and the Brazilians, are as much our partners in the world economy as they are our competitors.

It hardly makes any difference who will be the next president. The world is governed by market forces.

We have arrived at a point today where, in practical, material terms, the world is probably richer than it has ever been. There are more products per capita in the world than at any time in human history. Never has there been felt the need for so many things. Never have there been so many storehouses bulging full with products. We have reached a point of massive overproduction, which takes co-operation to produce but has led to a sustained attack on each other in the competition to sell each other these goods

I think there's a lot of merit in an international economy and global markets, but they're not sufficient because markets don't look after social needs. Markets are designed to allow individuals to look after their private needs and to pursue profit. It's really a great invention and I wouldn't under-estimate the value of that, but they're not designed to take care of social needs.