From TestosteronePit.com
Corporate Colonialism: Winners And Losers Of Global 'Free' Trade
SUNDAY, FEBRUARY 23, 2014 AT 8:13AM
By Don Quijones, a freelance writer and translator based in Barcelona, Spain. His blog, Raging Bull-Shit, is a modest attempt to challenge some of the wishful thinking and scrub away the lathers of soft soap peddled by our political and business leaders and their loyal mainstream media.
“I think of globalisation as a light which shines brighter and brighter on a few people, and the rest are in darkness, wiped out” – Arundhati Roy
On February 12th of this year, the presidents of Mexico, Colombia, Peru and Chile signed an agreement to eliminate tariffs on 92 percent of trade among their countries. The agreement is seen as vital in the economic integration of the four fastest-growing economies in Latin America, and a significant advance in their goal of working as a united trade partner with Asia.
At least that’s the official story, reported verbatim and with gushing enthusiasm by the mainstream financial and general press.
Mexican President Enrique Peña Nieto called the pact the “largest [Mexico] has signed since the Free Trade Agreement with the United States” or NAFTA. Chile’s Sebastián Piñera emphasized the alliance’s openness, saying it is “not against anybody, only in favor of increasing the quality of life in our countries.”
However, as Colombian president Juan Manuel Santos acknowledged, there will be “winners and losers” along the way. The winners will inevitably be the same as always: big industry, big agriculture and big finance, including, of course, big domestic players such as Mexico’s Cemex and Chile’s Antofagasta. As for the losers, they will be the rest of society, in particular the poorest and most vulnerable.
Read more at Testosterone Pit.
Corporate Colonialism: Winners And Losers Of Global 'Free' Trade
SUNDAY, FEBRUARY 23, 2014 AT 8:13AM
By Don Quijones, a freelance writer and translator based in Barcelona, Spain. His blog, Raging Bull-Shit, is a modest attempt to challenge some of the wishful thinking and scrub away the lathers of soft soap peddled by our political and business leaders and their loyal mainstream media.
“I think of globalisation as a light which shines brighter and brighter on a few people, and the rest are in darkness, wiped out” – Arundhati Roy
On February 12th of this year, the presidents of Mexico, Colombia, Peru and Chile signed an agreement to eliminate tariffs on 92 percent of trade among their countries. The agreement is seen as vital in the economic integration of the four fastest-growing economies in Latin America, and a significant advance in their goal of working as a united trade partner with Asia.
At least that’s the official story, reported verbatim and with gushing enthusiasm by the mainstream financial and general press.
Mexican President Enrique Peña Nieto called the pact the “largest [Mexico] has signed since the Free Trade Agreement with the United States” or NAFTA. Chile’s Sebastián Piñera emphasized the alliance’s openness, saying it is “not against anybody, only in favor of increasing the quality of life in our countries.”
However, as Colombian president Juan Manuel Santos acknowledged, there will be “winners and losers” along the way. The winners will inevitably be the same as always: big industry, big agriculture and big finance, including, of course, big domestic players such as Mexico’s Cemex and Chile’s Antofagasta. As for the losers, they will be the rest of society, in particular the poorest and most vulnerable.
Read more at Testosterone Pit.
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