American Style Free Trade

[Joanne98]

American Style Free Trade - by Stephen Lendman

Agreements like NAFTA, DR-CAFTA, and various bilateral free trade agreements (FTAs) have proved hugely destructive, superseding national laws, sovereignty, labor rights, environmental concerns, and more.

"There's no free collective bargaining for workers," says Ralph Nader. "There's no rule of law (either, just) bribery, (worker exploitation and plunder). These companies (can) pollute at will. There's no judicial independence to make (them) accountable," to stop them from "abus(ing) workers and consumers and communities, as" they all do repeatedly.

In other words, "free trade" is a license to steal, plunder, exploit, pollute, and overall operate unrestrained, the sole consideration being maximum profits, no matter how gotten.

As a result, level playing fields don't exist. Jobs are exported and destroyed. Corporate giants alone win, trade managed solely for their benefit. An Economic Policy Institute (EPI) study showed NAFTA-related imports cost America 879,280 jobs in its first decade, besides downward pressure on wages and benefits. Saying FTAs will create them is deceptive hooey, a big lie based on historical experience, instructive for Korean and American workers as Washington pressures Seoul for a deal, a KORUS-FTA.

http://warisacrime.org/content/american-style-free-trade