The last time America seemed to be sailing on such smooth seas was in the early sixties, with the economy booming, civil rights laws promising a more just future, and Vietnam a distant blip on the screen. Within six years the economy was sagging, there were race riots in the streets, John and Robert Kennedy and Martin Luther King Jr. had been killed, and Vietnam had consumed America, driven President Johnson from office, and ushered in a new era of division in our politics. Good times are to be seized and built upon, not coasted through.
After a stop in Quincy, Illinois, to hit the high points of my agenda, I flew to Davos, Switzerland, to address the World Economic Forum, an increasingly important annual gathering of international political and business leaders. I brought five cabinet members with me to discuss the popular uprising against globalization that we had witnessed in the streets of Seattle during the recent WTO meeting. The multinational corporations and their political supporters had largely been content to create a global economy that served their needs, believing that the growth resulting from trade would create wealth and jobs everywhere.
Trade in well-governed countries had helped lift many people out of poverty, but too many people in poor countries were left out: half the world still lived on less than $2 a day, a billion people lived on less than a dollar a day, and more than a billion people went to bed hungry every night. One in four people had no access to clean water. Some 130 million children never went to school at all, and 10 million children died every year of preventable diseases.
Even in wealthy countries, the constant churning of the economy was always dislocating some people, and the United States wasn’t doing enough to get them back in the workforce at the same or higher pay. Finally, the global financial institutions had not been able to head off or mitigate crises in developing countries in a way that minimized damage to working people, and the WTO was perceived as being too captive to wealthy countries and multinational corporations.
In my first two years, when the Democrats were in the majority, I had gotten more money for training displaced workers and signed the NAFTA side agreements on the environment and labor standards. Afterward, the Republican Congress was less sympathetic to such efforts, especially those designed to reduce poverty and create new jobs in poor nations. Now it seemed to me that we had a chance to build a bipartisan consensus on at least three initiatives: the New Markets program, the trade bill for Africa and the Caribbean, and the Millennium Debt Relief effort.
The larger question was whether we could have a global econ-omy without global social and environmental policies and more open governance by the economic decision makers, especially the WTO. I thought the anti-trade, anti-globalization forces were wrong in believ-ing that trade had increased poverty. In fact, trade had lifted more people out of poverty and pulled more nations out of isolation. On the other hand, those who thought all we needed were unregulated flows of more than $1
trillion a day of capital and ever increasing trade were wrong, too.
I said globalization imposed on its beneficiaries the responsibility of sharing its gains and its burdens and empowering more people to participate in it. Essentially, I advocated a Third Way approach to globalization: trade plus a concerted effort to give people and nations the tools and conditions to make the most of it. Finally, I argued that giving people hope through economic growth and social justice was essential to our ability to persuade the twenty-first–century world to walk away from the modern horrors of terrorism and weapons of mass destruction and the old conflicts rooted in racial, religious, and tribal hatreds.
When the speech was over, I couldn’t know if I’d succeeded in getting the thousand business leaders there to agree with me, but I felt that they had listened and at least were wrestling with the problems of our global interdependence and their own obligations to create a more unified world. What the movers and shakers of the world needed was a shared vision. When good people with energy act on a shared vision, most of the problems get worked out.
Back home, it was time for my last National Prayer Breakfast. Joe Lieberman, the event’s first Jewish speaker, gave a fine talk on the values common to all faiths. I discussed the practical implications of his remarks: if we are admonished not to turn away strangers, to treat others as we would like to be treated, and to love our neighbors as ourselves, “who are our neighbors, and what does it mean to love them?” If we were virtually the same genetically, and our world was so interdependent that I had a cousin in Arkansas who played chess twice a week on the Internet with a man from Australia, we obviously had to broaden our horizons in the years ahead.