Republics have a longer life and enjoy better fortune than principalities, because they can profit by their greater internal diversity. They are the better able to meet emergencies.
Where some people are very wealthy and others have nothing, the result will be either extreme democracy or absolute oligarchy, or despotism will come from either of those excesses.
I'd like to see stability and a unified Iraq. A young democracy will provide the stability we look for. I will tell you that if we just isolate ourselves from the Middle East and hope for the best, we will not address the conditions that had led young suiciders to get on airplanes to come and attack Amerika in the first place.
The Western democracy of today is the forerunner of Marxism which without it would not be thinkable. It provides this world plague with the culture in which its germs can spread.
The case for trade is not just monetary, but moral. Economic freedom creates habits of liberty. And habits of liberty create expectations of democracy.