Protectionism: The Worst Thing for The World
Acton Institute Powerblog

Protectionism: The Worst Thing for The World

ups-freight-globalUPS CEO D. Scott Davis was asked in a recent BusinessWeek interview, “You talk a lot about trade, global trade. What is your company’s role?”

Here’s what Davis said (emphasis added):

We always consider ourselves an enabler of global commerce. The worst thing for this country and UPS, and for the world, is protectionism. The natural reaction in a recession is people look inward and say, “Let’s put up barriers.” That stifles economic growth for everybody. I’m on the president’s Export Council, and my job is to educate the public and Congress. We’ve got to have a country that exports. We need more trade agreements.

In a piece earlier this year in Comment magazine, I examined the relationship between “Trade and Mutual Aid.” As Martin Luther described interpersonal obligation in another context, “It remains, therefore, for us to render mutual service with our gifts, so that each with his own gift bears the burden and need of the other. Thus we shall fulfill the law of Christ.”

In the BW interview, Davis also addresses the nature of the relationship between UPS and the USPS, Amazon, and what it’s like shipping sharks.

Jordan J. Ballor

Jordan J. Ballor (Dr. theol., University of Zurich; Ph.D., Calvin Theological Seminary) is director of research at the Center for Religion, Culture & Democracy, an initiative of the First Liberty Institute. He has previously held research positions at the Acton Institute and Vrije Universiteit Amsterdam, and has authored multiple books, including a forthcoming introduction to the public theology of Abraham Kuyper. Working with Lexham Press, he served as a general editor for the 12 volume Abraham Kuyper Collected Works in Public Theology series, and his research can be found in publications including Journal of Markets & Morality, Journal of Religion, Scottish Journal of Theology, Reformation & Renaissance Review, Journal of the History of Economic Thought, Faith & Economics, and Calvin Theological Journal. He is also associate director of the Junius Institute for Digital Reformation Research at Calvin Theological Seminary and the Henry Institute for the Study of Christianity & Politics at Calvin University.