Lord Lamont: free trade, not sanctions, key to promoting peaceful relations
By Alex Singleton on Nov 10, 2006 in Globalisation
“America… underestimates the liberating influence of American capitalism and American investment. Unfortunately America’s reaction to any hostile regime is to isolate it with economic sanctions, which normally gives an extra lease of life to anti-American authoritarian regimes. Encouraging American investment in the Middle East is far more likely to promote real democracy and to win friends than an unpopular military occupation.”
- Lord Lamont, former Chancellor of the Exchequer
