http://www.charlierose.com/shows/2007/05/08/1/a-conversation-with-the-former-deputy-secretary-of-state(my basic notes from the program. comments are added in parenthesis's )
The Rising problems and the integrity of the future system. (economic/political)
Problems:
1. Radical Islam
A. Islamic Elections in Egypt? The current Egypt administration is trying to
modernize with "Free Trade" areas. Elections don't always turn out good as exampled
by the Palestinian election of Ha-mas ( which was a reaction to the corruption of
Fa-uta) But is a labeled terrorist group (and aid workers) who have not renounced
violence. Elections is not the same as Democracy. Ya Gotta give up your militias.
Hes bola has tried to hold up democracy in Lebanon. Refuses to concede power and
wants it both ways. Not working.
B. Israel - Palestine.
The "Palestine Right To Return" issue.???
It's a non-starter. (One of the most difficult issues of these times.)
The strategy is to aid good behavior- trade with "Key" players that modernize.
The path to peace is thru Non-violence, Pro-development and some legitimate
government. "Then I will work with you."
2. Rise of China
3. The U.S response
Is the system broken? Abeu Grave....., rendition...
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Free Trade = capital flows.
Economic (theory/examples) explain about productivity and that with free trade comes
lower prices. Generally openness is better for competition and forces change.
In the Eighties for example Japan business was a challenge and now we have adjusted.
People feel anxiety over the the economy and loss of jobs. So you have two choices,
adapt to change/adjust, or hold it off. Protectionism will weaken the country and
prices will go higher.
Economic Isolation vs. Open Trade
Open up trade to smaller countries that want to develop and have legitimate governments and transparency. -ending corruption ect...- Get them to develop instead of becoming a spanning ground for terrorism. Work with countries that want to develop with us.