The case for trade is not just monetary, but moral. Economic freedom creates habits of liberty. And habits of liberty create expectations of democracy.
Democracy does not contain any force which will check the constant tendency to put more and more on the public payroll. The state is like a hive of bees in which the drones display, multiply and starve the workers so the idlers will consume the food and the workers will perish.
The Democracy of to-day hold the liberty of one man to be absolutely nothing, when in conflict with another mans right of property. Republicans, on the contrary, are for both the man and the dollar; but in cases of conflict, the man before the dollar.
Is it not the excess and greed of this and the neglect of all other things that revolutionizes this constitution too and prepares the way for the necessity of a dictatorship?
I'm also very much aware that it is you who brought democracy to Chile, you set up a constitution suitable for democracy, you put it into effect, elections were held, and then, in accordance with the result, you stepped down.
Democracy is the form of government in which the free are rulers, and oligarchy in which the rich; it is only an accident that the free are the many and the rich are the few.