Dean Baker: The Trade Deal Crusaders: Can They Never Learn?
The Trade Deal Crusaders: Can They Never Learn?
Dean Baker
Huffington Post
One certain outcome of the 2016 election is that the Trans-Pacific Partnership (TPP) is dead, for the moment. The qualification is necessary because the proponents of the TPP and similar trade pacts refuse to accept that the country is not interested in further trade agreements along the same lines as past pacts.
Since trade barriers are already low, the TPP and other trade deals are not really about free trade, they are about setting up a business-friendly structure of regulation. While a few representatives of labor unions and consumer groups got to sit on the working groups that provide input on drafts of the TPP, according to a Washington Post analysis, 85 percent of the members came from business groups.
The TPP and other next generation trade deals are also about putting in place stronger and longer patent and copyright protections (yes, that is protections as in protectionism, the opposite of free trade). The proponents of these trade deals continue to argue, almost as a holy cause, that we have to move forward with their agenda or something bad will happen.
Apparently protectionism is only a problem when it might benefit less educated workers. The protectionism that benefits the friends and family members of the people who negotiate trade deals is just fine. (And for those concerned about brain drain from developing countries, we know how to compensate them for the loss of highly trained workers so that they can train two or three professionals for every one that comes to the United States.)