Saturday, October 04, 2014

Jeff Madrick on free trade in NY Times

Our misplaced faith in free trade Seems sensible but the author does not seem to consider the hidden agendas except very briefly "Any trans-Pacific agreement, its terms still a secret, should be discussed in the open with ample protection of worker rights and healthy debate over regulatory changes requested by developing countries or big business. A trade agreement with the European Union makes more sense, but the danger is that environmental, financial and product-safety regulations will be watered down to meet the demands of corporate interests."

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