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The Dark Side of Free Trade: Starving the Poor.



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Nov 01, 2009 06:33 PM

The Dark Side of Free Trade: Starving the Poor.

by GCTMT

Should trade always benefit the stronger?

Starving the Poor

The connection between instability in the Middle East and the cost of feeding a family in the Americas isn’t direct, of course. But as with all international trade, power tilts the balance. A leading goal of US foreign policy has long been to create a global order in which US corporations have free access to markets, resources and investment opportunities. The objective is commonly called "free trade," a posture that collapses quickly on examination.

It’s not unlike what Britain, a predecessor in world domination, imagined during the latter part of the 19th century, when it embraced free trade, after 150 years of state intervention and violence had helped the nation achieve far greater industrial power than any rival.

The high price of tortillas and other, crueler vagaries of the international order illustrate the interconnectedness of events, from the Middle East to the Middle West, and the urgency of establishing trade based on true democratic agreements among people, and not interests whose principal hunger is for profit for corporate interests protected and subsidised by the state they largely dominate, whatever the human cost.


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No. 1
from leslie :-D
Old Nov 01, 2009, 07:29 PM

Default Re: The Dark Side of Free Trade: Starving the Poor.
this is really no surprise.
meaning, doesn't this epitomize what free trade and capitalism are?
profit=rich=power.

anything/anyone that does not exhibit compulsory potential, need not apply.
survival of the fittest, and all that.

after all, we are the u.s. of a. (*pounds chest*)
lest we forget...

leslie
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No. 2
from Elvish
Old Nov 02, 2009, 07:47 AM
Updated Nov 02, 2009 at 05:56 PM by Elvish

Default Re: The Dark Side of Free Trade: Starving the Poor.
This is why I am so opposed to things like NAFTA/CAFTA. I abhor the fact that so many of our goods come at a price like the blood of sweatshop kids.

And I'm not pointing fingers at anyone because I am a participant in the industry just like most everyone else. It is so hard to fly below that radar. I try, but it's almost impossible. Even 'fair trade' stuff is not always fair traded.
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No. 3
from azhiker96
Old Nov 03, 2009, 11:32 AM

Default Re: The Dark Side of Free Trade: Starving the Poor.
I don't think this guy is unbiased and much of what he states seems too vague to be confirmed. Certainly the tariffs he mentions are not "free trade" and if we banned the importation of corn and other products that would not be free trade. Corn in the US is heavily subsidized and I'd be surprised if the US were importing a significant amount of Mexican corn. Even if we were, imagine the howls of protest from Mexico if we stopped buying their corn which would deprive them of a market. It would be interesting to see how an expert in trade would view this article.

Noam Chomsky is a professor of linguistics at the Massachusetts Institute of Technology
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