Note: If trade accords along with national subsidies shielding certain sectors of agriculture and protections for the intellectual properties of businesses, including patent protections, these accords may include enforceable labor and environmental standards.
“This is a society, not just an economy,” Jeff Faux, founder of EPI and author of “The Global Class War” says about how our nation should approach trade issues.
Therefore, undermining American job security for lower prices on imports is a formula that favors the interest of capital over labor. (This is not responsible Capital-ism…This is Greed)!
We are exploiting human and natural resources through the back-door of globalization. Note: Because of ”free-trade agreements,” American companies are moving their R&D functions, production and marketing overseas at an accelerated pace.
Foreign companies now account for 50 percent of all U.S. – owned manufacturing output…oops, there goes GM, Ford and Chrysler?
No Jobs, Jobs, Greed of Destruction…Socialism is maybe, or if we were, etc.
