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29 Oct

„State-Run Moral Courage“

„There is nothing good: unless one does it.“ That's the complete poem "morality" by Erich Kastner. With these two sets of demands and also describes the writer's idea of moral courage.

Moral courage is generally considered an attitude of an individual or a group. Regardless of individual disadvantages within civil society in terms of human dignity, justice or democracy. This includes dealing with social groups that are at the expense of others. The notion of moral courage can also be interpreted analogously to systems, states and communities of states.

It is remarkable how basic principles and international agreements have recently been unilaterally suspended or called into question by a stroke of the pen. It seems that the ideas of opponents of globalization could prevail in exactly the opposite way, in that national egoisms could once again become globally 'socially acceptable'. That would be a step backwards in conditions already believed to be overcome at the beginning of the last century.

After the terrible experiences of two world wars, until recently there was general consensus, instead of pursuing national interests, piecing together common interests bit by bit, to create overall security, order and growth. This ultimately led to stability and prosperity.

The basis was also the global network of binding framework conditions. For example, policies and benchmarks, such as tariff rates, have been adopted jointly by all parties, forming the foundation for the work and rules of the World Trade Organization (WTO).

Now, a single of the States Parties of this formerly themselves and jointly agreed facts wants to know nothing. It introduced special tariffs, which in turn trigger countermeasures affected. It is argued, for example, with "USA first", but probably meant "USA only". Why the facts have developed in such a different way is not questioned at all. Guilt or - better formulated - the benefits are always attributed to others. That needs to be corrected.

Incidentally, national regulations turned to become burden. Globally active companies should be equally disciplined in the sense of ignoring unilaterally imposed sanctions against third countries. And EU-Europe is watching or reflexively demanding compliance with international treaties, leaving other European companies 'left out in the cold'. Here is also with equal emphasis fairness and respect for international law to demand. Or appropriate countermeasures need to be implemented.

But we should beware of always dealing with the term "war" in connection with disruptive maneuvers of individuals. The global economy is driven by competition and trade and we must always fight for the right paths and compromises. But we should by no means add something that harms the respectful interaction with each other.

With Best Regards

Walter Thieme
WTH Managing Director