George Shultz: Open Econ Systems

Posted by admin on Sunday, February 7, 2021

George P. Shultz Money Quote saying political systems that are open often have transparent, open economic systems and they work better. George P. Shultz said:
 
Open political and economic systems have been gaining ground and there's a good reason for it. They work better Quote
 

“Open political and economic systems have been gaining ground and there’s a good reason for it. They work better” — George P. Shultz

 

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In this quote, George P. Shultz seems to be arguing that open, democratic political systems and market-based free economies have been expanding globally because they are more effective than closed, authoritarian alternatives.

By stating that open systems “have been gaining ground” and “there’s a good reason for it” because “They work better”, Shultz implies these models of governance and trade have seen increasing adoption due to demonstrating greater success and delivering better outcomes for citizens compared to more restrictive political and economic frameworks.

The quote conveys Shultz’s perspective that transparency, individual rights and free enterprise foster conditions that allow societies overall to thrive, which is why these approaches have proliferated in recent decades.

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