John Taylor, Professor of Economics at Stanford University and developer of the "Taylor Rule" for setting interest rates | Stanford University
John Taylor, Professor of Economics at Stanford University and developer of the "Taylor Rule" for setting interest rates | Stanford University
Former U.S. Secretary of State Condoleezza Rice emphasized the importance of America's involvement in shaping the future during the 2024 Drell Lecture hosted by Stanford University's Center for International Security and Cooperation.
During her lecture titled “What Does America Stand For?”, Rice warned against the consequences of America's retreat from global affairs, stating, “Every time we have tried to avoid entanglement, we have had to be entangled later at greater cost.”
Rice highlighted the three major components of America's post-World War II vision, including a positive-sum international economy, a guarantee of military security through alliances like NATO, and the promotion of democratic peace to prevent conflicts among democracies.
Addressing current global challenges such as the rise of China and prolonged conflicts in the Middle East, Rice acknowledged the pressure on these economic and military systems. She noted that some Americans have become disillusioned with U.S. involvement overseas and questioned the country's commitment to protecting the global system it helped establish.
Rice emphasized the importance of addressing domestic issues to maintain America's global leadership, stating, “It has less to do with what we have done abroad than what we have failed to do at home.” She urged a focus on human development and national mission to improve conditions within the country.
In response to concerns about isolationism and engaging younger generations in global issues, Rice encouraged students to study abroad, advocated for a broader international student presence at universities like Stanford, and emphasized the importance of understanding complex histories to comprehend current events.
Rice called for productive debate and civic engagement, highlighting the need for open dialogue and the willingness to have arguments challenged. She commended the current generation of students for their public-mindedness and desire to contribute to the greater good.
As Rice concluded her lecture, she reminded the audience that “Great powers don’t mind their own business, they shape the future,” underscoring the importance of active participation in global affairs to influence the course of history.
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