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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (41429)11/14/2003 4:28:42 AM
From: Raymond Duray  Read Replies (1) of 74559
 
elmat,

Like I say, logic isn't your strong suite. After a long list of very real inequities in markets, you seem to become some sort of a whirling dervish, or speaking-in-tongues Christian with your remarkable leap of logic to suggest that NAFTA solves your litany of woes.

Unfortunately, your argument has been OTBEd, that is, it has been overtaken by events.

I do not believe a word you say about how NAFTA solves any of the problems that you litanied. But I do know, from real facts and hard reality, exactly what NAFTA has produced. And it is an ugly picture.

NAFTA has caused the loss of well over 100,000 family wage jobs in the U.S.A. Blue collar jobs like those that existed until earlier this year when Pillotex closed its mill in Kannapolis, North Carolina and threw 5,000 middle class people out of work and into a new world of poverty. NAFTA has destroyed the livelihoods of well over 10,000 corn farmers in Sinaloa and Michuacan provinces in Mexico, and forced them to send their children as illegal migrants to (por ejemplo) sweep the floors for substandard wages at Wal-Marts across the country, or in meat processing plants that maim hundreds annually and refuse to compensate for the injuries.

There are other examples. But you must understand that the NAFTA rules were only designed to benefit the execs of multinational corporations like Archer, Daniels, Midland, which takes its subsidized corn and ruins Mexico's local markets. Or the companies like GM, GE, Motorola, etc, who ruin communities across the U.S. when they move their operations to maquiladoro sweatshop barely across the border where health care and environmental laws are nearly completely disregarded.

And when I speak of multinational corporations, of course you realize that I mean the only ones benefitting are the rare 1% of the corporate employees in the executive suites. This game is rigged. And it is not rigged to benefit workers, communities or local regions. It is only and specifically rigged to benefit the elite 1% at the top of the economic pyramid. Globabization is goofy, except if you are in the elite.
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