Good for Corporations, Bad for You
mentions it but global trade pacts contain
language repealing all US laws in conflict with the
pacts also require the US to override state laws
conflicting with the treaty.
California banned a Canadian gasoline
additive it claims is carcinogenic. Saying NAFTA
doesn't allow the ban, the company is suing
California for \$970 million.
not alone - Canada worries NAFTA forbids
restricting water exports to the US
keeps reducing our sovereignty. Things
like WTO rules forbidding agricultural subsidies
limiting what farm aid bill Congress can pass, or giant fines we have to pay
pass rules that they find illegal.
push globalization because it lets them produce
overseas, then import without tariffs - Companies
dealing with themselves account for 40% of our
with no elected members pass all World Trade
Organization regulations - at least they don't
pass taxes, yet, or we have cause for revolution
encourages companies to shift operations to
countries with lax worker protection laws -
lack of safety, overtime pay and minimum wage are
pluses when deciding plant locations.
IMF forces countries needing loans to repeal
social legislation and remove tariff protections. Big
nation corporations then set up plants there and
drive local business bankrupt.
globalization, you'll be able to buy imported
goods cheaper than goods made here -
provided you have a
job and earn enough to buy such goods.
globalization wages world wide will become the
same, their wages will increase, ours decrease.
Worldwide standards of living will
adjust too - guess which way ours will go.
will be blackmailed by companies saying if rules
aren't change, they'll move their operations to
another country - sort of like
teams blackmail cities.
read them or add