Thursday, February 27, 2014

The scorecard of NAFTA: Losses for all three countries

Click here to access article by Pete Dolack from his blog Systemic Disorder.

After comparing the promises of prominent neoliberals and the results of their advanced form of capitalism, Dolack reached this conclusion:
The neoliberalism that began gathering steam with the rise of Margaret Thatcher and Ronald Reagan, and which has intensified since, is not the handiwork of some secretive cabal, nor is it some tragic bad turn from an otherwise “rational” system. It is the natural evolution of modern capitalism and its relentless competition. “Free trade” agreements that have little to do with trade and much to do with imposing corporate wish lists in the service of ever more inequality and power imbalances is an inevitable component. [my emphasis]