Declare Peace on North Korea!
The United States should offer a peace treaty with North Korea and offer diplomatic relations. The Korean War did not officially end. Let’s end it now.
August 24, 2017
Fred Foldvary, Ph.D.
Economist

The United States should offer a peace treaty with North Korea and offer diplomatic relations. The Korean War did not officially end. Let’s end it now.

The chiefs of North Korea have feared an invasion by the USA. They recognize that several heads of countries without nuclear weapons, such as in Lybia and Iraq, were overthrown. It is recognized that nuclear weapons that can be sent to the USA provide a deterrent against an overthrow of the state and even against an assassination of the Korean head of state.

The government of North Korea has evidently convinced the people there that the USA is their enemy and a threat. That propaganda would be less effective if there were a peace treaty.

So the US government should, together with South Korea, China, Russia, and the United Nations, offer to negotiate a peace treaty with North Korea.

The USA has negotiated with North Korea on a stoppage of its nuclear weapons project, but North Korea will not give up its weapons, and negotiations along with economic pressure will not be effective, since their greatest accomplishment has been their nuclear achievements, and the Chinese leaders seek to avoid an economic collapse.

Therefore a peace treaty with North Korea should not seek to end the nuclear status of the regime, but eliminate the deeper problem of mutual fears. The peace treaty would state that the U.S. recognizes North Korea as a sovereign country, and that there will be no invasion.

If the government of North Korea refuses to negotiate a peace treaty, then it will be seen that the hostility is being generated by North Korea, not the USA. The USA should then declare peace unilaterally. With the governments of South Korea and China, the USA would write a peace treaty and they would declare unilateral peace. The US would offer diplomatic relations, and if refused, would appoint an ambassador anyway, who would reside in China.

The US government would then broadcast to the people of North Korea, and send them messages via leaflets and computer files, that the USA has declared peace.

The opponents of a peace treaty could argue that this would leave North Korea with weapons that could reach US territory. But if the North Koreans will refuse to give up their nuclear capability, the peace treaty does not increase the danger. Indeed, the treaty, when agreed to by North Korea, would increase safety by prohibiting North Korea from providing nuclear materials and technology to others.

If North Korea accepts the peace treaty, the US would withdraw its troops from South Korea. Their presence is antiquated, since the threat would be from missiles rather than from an invasion by North Korean troops.

North Korea would gain four advantages from a peace treaty. First, assurance that the US is no longer a potential threat. Second, global diplomatic recognition. Third, removal of US troops from Korea. Fourth, the ability to trade freely with the rest of the world.

If the North Korean regime is not suicidal and seeks to maximize its well being, it would accept a peace treaty. But even if it does not accept a treaty, a unilateral offering would deflate its fears and propaganda.

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Fred Foldvary, Ph.D.
Economist

FRED E. FOLDVARY, Ph.D., (May 11, 1946 — June 5, 2021) was an economist who wrote weekly editorials for Progress.org since 1997. Foldvary’s commentaries are well respected for their currency, sound logic, wit, and consistent devotion to human freedom. He received his B.A. in economics from the University of California at Berkeley, and his M.A. and Ph.D. in economics from George Mason University. He taught economics at Virginia Tech, John F. Kennedy University, Santa Clara University, and San Jose State University.

Foldvary is the author of The Soul of LibertyPublic Goods and Private Communities, and Dictionary of Free Market Economics. He edited and contributed to Beyond Neoclassical Economics and, with Dan Klein, The Half-Life of Policy Rationales. Foldvary’s areas of research included public finance, governance, ethical philosophy, and land economics.

Foldvary is notably known for going on record in the American Journal of Economics and Sociology in 1997 to predict the exact timing of the 2008 economic depression—eleven years before the event occurred. He was able to do so due to his extensive knowledge of the real-estate cycle.