Robert Reich on Foreign Policy
Former Secretary of Labor; Democratic Challenger MA Governor
In helping to restore the world's leading economies and thus keep communism at bay, the new global system of trade and assistance created vast new opportunities for American corporations--far richer, larger, and more technologically advanced than any other country's--to expand and prosper.
Some people think we shouldn’t be giving out foreign aid to poor nations in the first place. That’s like doling out welfare checks-it doesn’t help them do better on their own. What poor nations really need, according to this view, is relief from the crippling debts they’ve accumulated over many decades. So last year the US and other industrialized nations agreed to provide poor nations with $27 billion to be used to pay off some of these debts. But here again, instead of leading the way, America has behaved like scrooge, pledging to pay only 4% of that total. And now Congress is reneging even on this little commitment.
If we think we’re really independent of the rest of the world, and won’t suffer the long-term consequences of global poverty, we’re not nearly as great, nor as smart, as we think we are.
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