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Ken Burch

(50,254 posts)
Thu Dec 19, 2013, 06:22 PM Dec 2013

On balance...do you think NAFTA has been good or bad for workers, consumers, and the poor?

It's been almost twenty years, so we can probably draw some conclusions by now. And those conclusions matter when deciding whether to back the other trade deals our corporate overlords want with Europe and Asia and the rest of Latin America


12 votes, 0 passes | Time left: Unlimited
On Balance, good
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On Balance, bad
12 (100%)
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On balance...do you think NAFTA has been good or bad for workers, consumers, and the poor? (Original Post) Ken Burch Dec 2013 OP
It's a dumpster fire MFrohike Dec 2013 #1
A disaster madokie Dec 2013 #2
Is this a trick question? n/t Laelth Dec 2013 #3
Like the 'free trade' in Europe, it is a good thing but we lack the progressive taxes, strong unions pampango Dec 2013 #4
Horrific..that level of bad. From Adam Smith: Jefferson23 Dec 2013 #5
Turns out that 'Consumers' and 'Workers' are the same people htuttle Dec 2013 #6
On balance, NAFTA would be bad, but not for any reason that would be presented here. Benton D Struckcheon Dec 2013 #7
I expect my politicians to "reek" of US-centirc privilege. Laelth Dec 2013 #8
NAFTA was a huge gift to the US. Benton D Struckcheon Dec 2013 #9
I am open to hearing what you have to say about that. Laelth Dec 2013 #10
Simply put, Benton D Struckcheon Dec 2013 #11

MFrohike

(1,980 posts)
1. It's a dumpster fire
Thu Dec 19, 2013, 06:26 PM
Dec 2013

Trade agreements that promote the free flow of labor also promote lower wages and benefits. It makes me think of the English peasants who were forced off their land during the enclosure period. They had no money, no land, and no power. NAFTA and its ideological cousins just seem like a modern day update of that time.

pampango

(24,692 posts)
4. Like the 'free trade' in Europe, it is a good thing but we lack the progressive taxes, strong unions
Thu Dec 19, 2013, 06:42 PM
Dec 2013

and good safety net that Europeans have so our society has become increasingly unequal. Trade is a good thing, but the 99% benefit if there are progressive policies to make it happen.

Even if trade is stopped or severely limited, our society will still be as unequal if we do nothing about our taxation, union and safety net legislation. (We tried that before under republicans and FDR had to pick up the pieces.) If we had strong unions, progressive taxes and an effective safety net, we would be Germany and we would not worry about trade. We would enjoy it.

Jefferson23

(30,099 posts)
5. Horrific..that level of bad. From Adam Smith:
Thu Dec 19, 2013, 06:46 PM
Dec 2013

"The vile maxim of the masters of mankind": "All for ourselves, and nothing for other People.

The invisible hand will destroy the possibility of a decent human existence "unless government takes pains to prevent" this outcome, as must be assured in "every improved and civilized society."

http://en.wikipedia.org/wiki/Adam_Smith

htuttle

(23,738 posts)
6. Turns out that 'Consumers' and 'Workers' are the same people
Thu Dec 19, 2013, 06:52 PM
Dec 2013

NAFTA has only been good for the major shareholders and upper management of selected corporations.

Benton D Struckcheon

(2,347 posts)
7. On balance, NAFTA would be bad, but not for any reason that would be presented here.
Thu Dec 19, 2013, 07:19 PM
Dec 2013

First of all, citing Adam Smith, of all people, in a thread like this is nuts. The Wealth of Nations, properly understood, is a long and extremely detailed refutation of the idea that restricting trade between nations leads to anything but poverty.
Like Isaac Newton, Smith's book is limited, because the horizons he wrote about were limited, for the most part, to Europe, and to European nations that were roughly in the same stage of development. He did have some excellent insights into why China, for instance, which at his time was still by far the largest economy on the planet, wasn't also the richest. But that's an outstanding exception to the general rule: his book was correct that free trade between nations that are in the same stage of development with each other is good, but between nations that are at different stages is bad.
Mexico is pretty obviously not equal to the US in terms of its development, and so free trade between the two simply isn't possible, not because of any disadvantage to the US, but because of its overwhelming disadvantage to Mexico.
This thread reeks of US-centric privilege.

Laelth

(32,017 posts)
8. I expect my politicians to "reek" of US-centirc privilege.
Thu Dec 19, 2013, 07:34 PM
Dec 2013

If they don't, they're traitors. I don't elect representatives to take care of the people of India. No, I elect people to take care of my interests, as a citizen of the United States.

-Laelth

Laelth

(32,017 posts)
10. I am open to hearing what you have to say about that.
Thu Dec 19, 2013, 07:38 PM
Dec 2013

As you suggest, I am prone to believe otherwise, but, if you're willing to explain, I'm all ears.



That said, my point about US-centrism stands.

-Laelth

Benton D Struckcheon

(2,347 posts)
11. Simply put,
Thu Dec 19, 2013, 07:40 PM
Dec 2013

if you put a weaker and a stronger person on the same level, who wins? I trust I don't have to explain who the weaker one is in this case.

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