--- title: "Meaning & Key Takeaway of: This system, built on free markets, free…" description: "\"This system, built on free markets, free trade and free peoples and American protection, that's what got us from the end of World War II to the extraor..." image: "https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg" --- # This system, built on free markets, free trade and free… ![“This system, built on free markets, free trade and free peoples and American protection, that's what got us from the end of World War II to the extraordinary events of the end of the Cold War and a system that was one of prosperity and peace for a lot of people, including for the United States.” quote by Condoleezza Rice](https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg) [Download](https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg) [Open image](https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg) > “This system, built on free markets, free trade and free peoples and American protection, that's what got us from the end of World War II to the extraordinary events of the end of the Cold War and a system that was one of prosperity and peace for a lot of people, including for the United States.” [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. The post‑World War II prosperity stemmed from free markets, trade, and protection, leading to peace and wealth. **In simple terms:** Free markets and trade fostered post‑war peace and prosperity. Key Takeaway Support open economies. Themes economics history politics Mood analytical balanced Type historical political When to use this quote - policy making - economic planning - education Key Concepts liberalism globalization Questions to Reflect On - How can we ensure prosperity is inclusive? - What safeguards protect against market failures? A Different Perspective Such systems can also create inequality and exploitation. ★ ★ ★ ★ ★ No ratings yet [Cold](https://sms4smile.com/quotes/about/cold/) [Cold war](https://sms4smile.com/quotes/about/cold-war/) [End Of World](https://sms4smile.com/quotes/about/end-of-world/) [Extraordinary](https://sms4smile.com/quotes/about/extraordinary/) [Free market](https://sms4smile.com/quotes/about/free-market/) [Free markets](https://sms4smile.com/quotes/about/free-markets/) [Free people](https://sms4smile.com/quotes/about/free-people/) [Free trade](https://sms4smile.com/quotes/about/free-trade/) [Peace](https://sms4smile.com/quotes/about/peace/) [People](https://sms4smile.com/quotes/about/people/) [Prosperity](https://sms4smile.com/quotes/about/prosperity/) [Prosperity Peace](https://sms4smile.com/quotes/about/prosperity-peace-855139/) [Protection](https://sms4smile.com/quotes/about/protection/) [Trade](https://sms4smile.com/quotes/about/trade/) [Trade Free](https://sms4smile.com/quotes/about/trade-free-2642726/) [War](https://sms4smile.com/quotes/about/war/) [War of the worlds](https://sms4smile.com/quotes/about/war-of-the-worlds/) [War Prosperity](https://sms4smile.com/quotes/about/war-prosperity-2793837/) [World](https://sms4smile.com/quotes/about/world/) [World war](https://sms4smile.com/quotes/about/world-war/) [World war i](https://sms4smile.com/quotes/about/world-war-i/) [World war ii](https://sms4smile.com/quotes/about/world-war-ii/) ## Related quotes > [The U.S. has since the end of World War II had an answer - we stand for free peoples and free markets, we are…](https://sms4smile.com/quotes/condoleezza-rice/the-u-s-has-since-the-end-of-world-war-ii-had-an-answer-we-stand-for/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [ \[T\]he essence of so-called war prosperity: it enriches some by what it takes from others. It is not rising wealth but a shifting of… ](https://sms4smile.com/quotes/ludwig-von-mises/t-he-essence-of-so-called-war-prosperity-it-enriches-some-by-what-it/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [War prosperity is like the prosperity that an earthquake or a plague brings...but no one has for those reasons yet sought to celebrate earthquakes…](https://sms4smile.com/quotes/ludwig-von-mises/war-prosperity-is-like-the-prosperity-that-an-earthquake-or-a-plague-2/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [War prosperity is like the prosperity that an earthquake or a plague brings.](https://sms4smile.com/quotes/ludwig-von-mises/war-prosperity-is-like-the-prosperity-that-an-earthquake-or-a-plague/) [Ludwig von Mises](https://sms4smile.com/quotes/author/ludwig-von-mises/) > [They're lots of good Americans here in New York who have common sense and who believe in free markets and free people and limited…](https://sms4smile.com/quotes/anonymous/they-re-lots-of-good-americans-here-in-new-york-who-have-common-sense/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [“We must challenge corruption - only then we can be in a position to break the vicious cycle of economic inequality and pave the…](https://sms4smile.com/quotes/bhuwan-thapaliya/we-must-challenge-corruption-only-then-we-can-be-in-a-position-to/) [Bhuwan Thapaliya](https://sms4smile.com/quotes/author/bhuwan-thapaliya/) > [People of Pakistan want only development, prosperity, and peace.](https://sms4smile.com/quotes/shehbaz-sharif/people-of-pakistan-want-only-development-prosperity-and-peace/) [Shehbaz Sharif](https://sms4smile.com/quotes/author/shehbaz-sharif/) > [A little prosperity and peace, or even a turn slightly for the better, can bring us feelings of self-sufficiency. We can feel quickly that…](https://sms4smile.com/quotes/henry-b-eyring/a-little-prosperity-and-peace-or-even-a-turn-slightly-for-the-better/) [Henry B. Eyring](https://sms4smile.com/quotes/author/henry-b-eyring/) > [“When there is no peace in prosperity, then how can there be peace in misfortune? Happiness is not in misfortune or prosperity, happiness is…](https://sms4smile.com/quotes/dada-bhagwan/when-there-is-no-peace-in-prosperity-then-how-can-there-be-peace-in/) [Dada Bhagwan](https://sms4smile.com/quotes/author/dada-bhagwan/) > [“Prosperity is peace.”](https://sms4smile.com/quotes/lailah-gifty-akita/prosperity-is-peace/) [Lailah Gifty Akita](https://sms4smile.com/quotes/author/lailah-gifty-akita/) > [The United States fully accepts the profound truth that our own progress, prosperity, and peace are interlocked with the progress, prosperity, and peace of…](https://sms4smile.com/quotes/herbert-hoover/the-united-states-fully-accepts-the-profound-truth-that-our-own/) [Herbert Hoover](https://sms4smile.com/quotes/author/herbert-hoover/) > [Together, we will lead our party back to the White House, and we will lead our country back to safety, prosperity, and peace.](https://sms4smile.com/quotes/donald-trump/together-we-will-lead-our-party-back-to-the-white-house-and-we-will/) [Donald Trump](https://sms4smile.com/quotes/author/donald-trump/) > [Persistence with patience and prayer pays with profits, prosperity and peace of mind.](https://sms4smile.com/quotes/voltaire/persistence-with-patience-and-prayer-pays-with-profits-prosperity-and/) [Voltaire](https://sms4smile.com/quotes/author/voltaire/) > [I'm not against free trade but I'm against free trade deals that are negotiated badly, that actually compromise jobs, manufacturing jobs, compromise the national…](https://sms4smile.com/quotes/nick-xenophon/i-m-not-against-free-trade-but-i-m-against-free-trade-deals-that-are/) [Nick Xenophon](https://sms4smile.com/quotes/author/nick-xenophon/) > [Free trade or the free market means the sovereignty of the consumer.](https://sms4smile.com/quotes/faustino-ballve/free-trade-or-the-free-market-means-the-sovereignty-of-the-consumer/) [Faustino Ballve](https://sms4smile.com/quotes/author/faustino-ballve/) ## More by Condoleezza Rice > [The Iranian people have a proud past. They merit a great future.](https://sms4smile.com/quotes/condoleezza-rice/the-iranian-people-have-a-proud-past-they-merit-a-great-future/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [It has been hard to muster the resources to support fledgling democracies and to intervene on behalf of the most desperate. The AIDS orphans…](https://sms4smile.com/quotes/condoleezza-rice/it-has-been-hard-to-muster-the-resources-to-support-fledgling/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [We can't live true to our set of values unless American educational system is strong. I really believe that if we don't get that…](https://sms4smile.com/quotes/condoleezza-rice/we-can-t-live-true-to-our-set-of-values-unless-american-educational/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [I remember at the time of 9/11 that there were women who went out of their way to escort Muslim women to grocery stores…](https://sms4smile.com/quotes/condoleezza-rice/i-remember-at-the-time-of-9-11-that-there-were-women-who-went-out-of/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [The first step for a leader is to be right with yourself. Integrity is the basis of leadership.](https://sms4smile.com/quotes/condoleezza-rice/the-first-step-for-a-leader-is-to-be-right-with-yourself-integrity-is/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [A lot is being done to bring additional protective measures, particularly the critical infrastructure locations around the United States, ... There is a very…](https://sms4smile.com/quotes/condoleezza-rice/a-lot-is-being-done-to-bring-additional-protective-measures/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [You cannot be on one hand dedicated to peace and on the other dedicated to violence. Those two things are irreconcilable.](https://sms4smile.com/quotes/condoleezza-rice/you-cannot-be-on-one-hand-dedicated-to-peace-and-on-the-other/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [I'm not personally fearful, but I look out, and there are a number of things that concern me, and I'm hopeful that we can…](https://sms4smile.com/quotes/condoleezza-rice/i-m-not-personally-fearful-but-i-look-out-and-there-are-a-number-of/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [ \[I'm\] very fortunate and blessed person who still has a lot of living to do. ](https://sms4smile.com/quotes/condoleezza-rice/i-m-very-fortunate-and-blessed-person-who-still-has-a-lot-of-living/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [Football is like war. It's about taking territory.](https://sms4smile.com/quotes/condoleezza-rice/football-is-like-war-it-s-about-taking-territory/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [I think there are plenty of men out there who are capable and accomplished in their own realm. You don't have to be in…](https://sms4smile.com/quotes/condoleezza-rice/i-think-there-are-plenty-of-men-out-there-who-are-capable-and/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [I've always said as a political scientist that "culture" is what we use when we can't explain things. I think it's more about accessibility.…](https://sms4smile.com/quotes/condoleezza-rice/i-ve-always-said-as-a-political-scientist-that-culture-is-what-we-use/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [I believed Afghanistan was always going to be hard. It's the fifth poorest country in the world. And when you fly over it, you…](https://sms4smile.com/quotes/condoleezza-rice/i-believed-afghanistan-was-always-going-to-be-hard-it-s-the-fifth/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [I'm very glad my mother didn't let me quit piano lessons at age 10. She said I wasn't old enough or good enough to…](https://sms4smile.com/quotes/condoleezza-rice/i-m-very-glad-my-mother-didn-t-let-me-quit-piano-lessons-at-age-10/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) > [The idea the president of the United States was warned that Al-Qaeda was going to attack the United States and did nothing about it…](https://sms4smile.com/quotes/condoleezza-rice/the-idea-the-president-of-the-united-states-was-warned-that-al-qaeda/) [Condoleezza Rice](https://sms4smile.com/quotes/author/condoleezza-rice/) [Explore all 365 Condoleezza Rice quotes ](https://sms4smile.com/quotes/author/condoleezza-rice/) ## More Cold quotes > [Once ye made up yer mind to do somethin', 'tis better t'stumble o'er the small hillock of jump-ahead than t'bash yer head on the…](https://sms4smile.com/quotes/karen-hawkins/once-ye-made-up-yer-mind-to-do-somethin-tis-better-t-stumble-o-er-the/) [Karen Hawkins](https://sms4smile.com/quotes/author/karen-hawkins/) > [When you're scared - and I mean really scared, not just hearing a noise in the night, or standing toe to toe with someone…](https://sms4smile.com/quotes/alexander-gordon-smith/when-you-re-scared-and-i-mean-really-scared-not-just-hearing-a-noise/) [Alexander Gordon Smith](https://sms4smile.com/quotes/author/alexander-gordon-smith/) > [From the bitter cold winter at Valley Forge, to the mountains of Afghanistan and the deserts of Iraq, our soldiers have courageously answered when…](https://sms4smile.com/quotes/solomon-ortiz/from-the-bitter-cold-winter-at-valley-forge-to-the-mountains-of/) [Solomon Ortiz](https://sms4smile.com/quotes/author/solomon-ortiz/) > [When I get a chance to play golf or go on a boat with good people, take the boat out and put some lobsters…](https://sms4smile.com/quotes/bernie-mac/when-i-get-a-chance-to-play-golf-or-go-on-a-boat-with-good-people/) [Bernie Mac](https://sms4smile.com/quotes/author/bernie-mac/) > [Of course Messi could handle a cold Tuesday night in Stoke. He'd be drinking tea and relaxing beforehand. Me? I'd probably be the same.](https://sms4smile.com/quotes/neymar/of-course-messi-could-handle-a-cold-tuesday-night-in-stoke-he-d-be/) [Neymar](https://sms4smile.com/quotes/author/neymar/) > [This cold weather has set all the young Folks to providing Bedfellows. I have signed two or three Licences every Day \[as a Fairfax…](https://sms4smile.com/quotes/george-mason/this-cold-weather-has-set-all-the-young-folks-to-providing-bedfellows/) [George Mason](https://sms4smile.com/quotes/author/george-mason/) > [When my main character in 'Heat' climbs the tower, the highest diving platform, hoping to resume competitive diving after an injury, I am there…](https://sms4smile.com/quotes/michael-cadnum/when-my-main-character-in-heat-climbs-the-tower-the-highest-diving/) [Michael Cadnum](https://sms4smile.com/quotes/author/michael-cadnum/) > [You start playing when it's cold and you want to be playing when it's cold again.](https://sms4smile.com/quotes/jimy-williams/you-start-playing-when-it-s-cold-and-you-want-to-be-playing-when-it-s/) [Jimy Williams](https://sms4smile.com/quotes/author/jimy-williams/) > [It would be a piece of ingenuousness to accuse the man of today of his lack of moral code. The accusation would leave him…](https://sms4smile.com/quotes/jose-ortega-y-gasset/it-would-be-a-piece-of-ingenuousness-to-accuse-the-man-of-today-of/) [Jose Ortega y Gasset](https://sms4smile.com/quotes/author/jose-ortega-y-gasset/) > [I would have touched it like a child But knew my finger could but have touched Cold stone and water. I grew wild, Even…](https://sms4smile.com/quotes/william-butler-yeats/i-would-have-touched-it-like-a-child-but-knew-my-finger-could-but/) [William Butler Yeats](https://sms4smile.com/quotes/author/william-butler-yeats/) > [What's to become of the morally sound? Left out in the cold, I suppose. We must heal the sick.](https://sms4smile.com/quotes/henrik-ibsen/what-s-to-become-of-the-morally-sound-left-out-in-the-cold-i-suppose/) [Henrik Ibsen](https://sms4smile.com/quotes/author/henrik-ibsen/) > [When I first started, all the reviews of Cold Chisel would say, 'This singer won't have a voice in six months.'](https://sms4smile.com/quotes/jimmy-barnes/when-i-first-started-all-the-reviews-of-cold-chisel-would-say-this/) [Jimmy Barnes](https://sms4smile.com/quotes/author/jimmy-barnes/) > [One of the problems trying to play an instrument outside in the cold is your fingers give up on you and you can't wear…](https://sms4smile.com/quotes/amy-macdonald/one-of-the-problems-trying-to-play-an-instrument-outside-in-the-cold/) [Amy Macdonald](https://sms4smile.com/quotes/author/amy-macdonald/) > [God tempers the cold to the shorn sheep.](https://sms4smile.com/quotes/henri-etienne-sainte-claire-deville/god-tempers-the-cold-to-the-shorn-sheep/) [Henri Etienne Sainte-Claire Deville](https://sms4smile.com/quotes/author/henri-etienne-sainte-claire-deville/) > [Those nights lying alone are not discontinuous with this cold hectic dawn. It is who I am.](https://sms4smile.com/quotes/anne-carson/those-nights-lying-alone-are-not-discontinuous-with-this-cold-hectic/) [Anne Carson](https://sms4smile.com/quotes/author/anne-carson/) [Browse all 5,381 Cold quotes ](https://sms4smile.com/quotes/about/cold/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "This system, built on free markets, free trade and free peoples and American protection, that's what got us from the end of World War II to the extraordinary events of the end of the Cold War and a system that was one of prosperity and peace for a lot of people, including for the United States.", "creator": { "@type": "Person", "name": "Condoleezza Rice" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/condoleezza-rice/this-system-built-on-free-markets-free-trade-and-free-peoples-and/", "about": { "@type": "Thing", "name": "Cold" }, "@id": "https://sms4smile.com/quotes/condoleezza-rice/this-system-built-on-free-markets-free-trade-and-free-peoples-and/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg", "contentUrl": "https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg", "url": "https://sms4smile.com/quotes/i/9cd/condoleezza-rice-807_cold_this-system-built-on-free-markets-free-t_1524432.jpg", "width": 1080, "height": 1080, "caption": "“This system, built on free markets, free trade and free peoples and American protection, that's what got us…” — Condoleezza Rice", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Condoleezza Rice", "item": "https://sms4smile.com/quotes/author/condoleezza-rice/" }, { "@type": "ListItem", "position": 4, "name": "This system, built on free markets,...", "item": "https://sms4smile.com/quotes/condoleezza-rice/this-system-built-on-free-markets-free-trade-and-free-peoples-and/" } ], "@id": "https://sms4smile.com/quotes/condoleezza-rice/this-system-built-on-free-markets-free-trade-and-free-peoples-and/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```