Heh.
While free trade can definitely hurt the blue collar lower-middle class in America, it's pretty clearly a driver of incredible things like this too:
http://www.worldbank.org/en/news/pre...overty-by-2030
Heh.
While free trade can definitely hurt the blue collar lower-middle class in America, it's pretty clearly a driver of incredible things like this too:
http://www.worldbank.org/en/news/pre...overty-by-2030
One of the greatest drivers of poverty is forecasting the future of poverty. Delightful.
how does trade work for murica?
A reminder, RT is not an objective source, it's the Russian establishment version of Voice of America.
Thom Hartman is the biggest commie of them all. Every episode he makes up some big word to use in a sentence to flaunt his superiority.
Manufacturing is the greatest driver of freeing people from absolute poverty - getting people out of grueling subsistence farming and into jobs in cities. Trade makes that possible, as my link demonstrates.
That does not mean it's great for the US, but it is a clear net benefit to the world.
Manufacturing is such a boon for Asia, lots of happy faces living above poverty. Multi-national corps already have a stranglehold on the Pacific, this will grant them even more power over their weak governments if all of them agree to sell out their people.
Yep. I know you're trying to say this sarcastically, but compared to the pre-manufacturing Asian boom it's a monumental improvement in wealth, health and quality of life.
In my lifetime, absolute poverty in China has gone from over 80% of the population to under 10%. That is simply fucking incredible, and it doesn't happen without international trade driving industrialization.
http://s.wsj.net/public/resources/im...0417171914.jpg
The biggest challenge now for world poverty is sub-saharan Africa, and their path out of absolute poverty, if it happens, will the same as everywhere else - get electricity, build up cities, produce cheap goods for the world market.
you're not supposed to remind populists that capitalism works
You ever read Friedman's book "Hot, Flat, and Crowded"? I don't agree with a lot of his political views, but his argument for Africa basically hinged on 3 things: Access to the internet, access to water, access to electricity. Given those three things, virtually any culture has the ability to bootstrap themselves.
The TPP doesn't fix poverty in the Pacific Rim, it exasperates it through anti-competitive clauses that shift more power into the already suffocating claws of corps. I mean, in reality, they already regularly participate in union-busting and mafia-esque practices, the TPP just grants them more legal weight to push around against the affected countries.
Making the link between neoliberal policies and capitalism with the reasons why poverty has fallen from the brutal conditions of past to the new normal of wage slavery that is enjoyed in the present is an amazing effort in statistical gymnastics, but I'll pass. I've reiterated why this approach is flawed in another thread, in this instance it's like saying: "Free trade severely handicaps the developing world, but look, the snail's progress of trickle-down crumbs is a net positive!"
We'll know just how fucked up the TPP is in a month. Until then, I'll reserve my place with all the others to be able to say: "Yup, told you."
Snails pace.
You're allergic to reality lol
However, you're right that TPP is less about unfettered trade and more about IP protections and such. Which is why I'm undecided about it. When the full text is revealed and I've read more about what the final draft entails then I'll decide.
Hillary has officially come out against the TPP.
Technically not the whole thing, but just the chapter on Intellectual Property. Which, really is the section that has the potential to be the biggest problem. Other parts of TPP are likely just boring "we'll give you money in exchange for goods and services" rhetoric.
The EFF's analysis: https://www.eff.org/deeplinks/2015/1...-all-we-feared
While black folk were playing pattycake at the NOI fundraiser/recruitment festival in DC, an estimated 250,000 people marched in protest of the TTP in Berlin.
http://www.aljazeera.com/news/2015/1...021526252.html
Also, a very small slice of IMF and World Bank history for those who missed the memo: https://www.youtube.com/watch?v=VfXZKREHN8g