29.6.06

A Mão Invisível

More than the export of democracy, it is the export of entrepreneurial capitalism that can produce a new birth of peace and freedom around our globe. Entrepreneurial capitalism is based on individual invention, and because wealth comes from one's own initiative, it advances human dignity. And here is the good news. Virtually every country, whatever its political system, wants to embrace it. They have seen the success of the American economy. It has been said that when goods cross borders, armies don't. Today, China and India are the world's two largest countries racing toward entrepreneurial capitalism. They are the example and test of that thesis. Several decades ago, their armies clashed. Now no one talks of war, only of their economic emergence. Capitalism has promoted peace and, in China, better — though still inadequate — respect for rights.