What is the main building block of a foreign policy in a capitalist social system? Give a couple of historical examples.

Leading by example at home. Capitalism bearing fruit at home in the form of unprecedented progress sends a very strong signal to the rest of the world. As we’ve discussed, the absence of taxes and regulations unleashes growth and leads to ever-expanding wealth. Other countries take notice and start to copy us. We saw it when the American Revolution inspired people in other countries to emulate us throughout the better part of the 19th century (with mixed success). And, following the fall of the Soviet Union in the 1990s, many communist and socialist countries looked to the U.S. and other less statist countries for inspiration and guidance. Imagine how much stronger the example of unbridled capitalism would be.

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