free trade: the results


This forum on free trade attempts to unmask that the word "free" in the phrase "free trade,"comprises an uncommon connotation. The international move toward globalization and neo-liberalism constructs a playing field level only to hegemonic world powers (e.g. the United States, and several Western European countries). In other words, by means of transnational banking IGOs, corporations have the ability to force desperation upon lesser developed countries (LDCs) and/or at-risk states, thereby allowing them to exploit the labor and resources of their economic inferiors.


An FTAA protestor, Miami - 2003 Too frequently, the repercussions of such "free" trade are left out of information provided by the corporations involved, and by the mass media. The latest of the developing neo-liberal trend is the Free Trade Area of the Americas (FTAA), that involves the abolishment of trade barriers in thirty-four new states. The conditions are similar to that of the North American Free Trade Agreement (NAFTA) that devastated Mexican farmers and employment in the US in the 1990s.
Specific Trade Agreements:
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