Foreign Economic Policy for the Twentieth Century

Foreign Economic Policy for the Twentieth Century

Foreign Economic Policy for the Twentieth Century

Foreign Economic Policy for the Twentieth Century

Excerpt

We live in a period which to future generations will undoubtedly appear as one of history's great dividing lines. All over the world millions are groping for a new meaning in their lives and now dignity. As in all such periods the issue concerns the nature of man and his place in the universe. It is between the conception of the individual as the measure of things and the individual as a tool to be manipulated.

This report follows reports on international security and on domestic economic and social objectives. The sequence symbolizes the nature of the contemporary turmoil. We require military security to assure the possibility of achieving our positive aspirations. A vital and growing United States economy is essential to the well-being of peoples everywhere. But ultimately our contribution to the contemporary revolution will be measured by our concern: by our ability to embody universal values, by the degree to which we can relate ourselves to the hopes of people beyond our borders.

Everywhere economic growth has become a primary concern. But while increased world productivity is essential to fulfill many aspirations, it cannot be our ultimate purpose. Precisely because economic activity offers such vast rewards, the values on which it rests have never been more essential. Where technology is not related to deeper concerns, it may merely refine the tools of slavery.

This report strongly urges a greater American participation in world economic and social progress. We look forward to a world united more profoundly than the contemporary world by a community of shared aspirations. In this sense our values transcend national boundaries and iron curtains.

This report is the work of Panel III, one of seven panels of the Special Studies Project. Each member of the Overall Panel has served on one of these groups. Obviously we are most familiar with the studies of those panels on which we have served, but we have considered the draft of this report at various stages of its formulation. Not every member endorses every detail, but we have approved its substance and we believe implementation of its recommendations will greatly strengthen the free world.

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