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  Saturday  January 4  2003    11: 36 AM

free trade — the lie

Free trade fallacy
Rich countries didn't follow free trade rules when they were developing. They now insist: do as we say, not as we did

The failure of free-trade globalism to help the developing world has not been an accident, according to Ha-Joon Chang, an economist at Cambridge University. He argues that the rules of the world economy are designed not to help poor countries develop into modern economies, but to lock in the advantages of the present industrial leaders. The US and other advanced industrial countries are not only selfish but hypocritical. They would deny to newly-industrialising countries the very practices that they used in the past to become economic superpowers.

"When they were in catching-up positions, the now-developed countries protected infant industries, poached skilled workers... and wilfully violated patents and trademarks," Chang observes. "Once they joined the league of the most developed nations, they began to advocate free trade and prevented the outflow of skilled workers and technologies; they also became strong protectors of patents and trademarks... the poachers turned gamekeepers."
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  thanks to also not found in nature

The Big Lie About Free Trade
Turns out it's American workers who are waving goodbye to their jobs
by Bernie Sanders

Though I am a congressman from Vermont, it outrages me that Maytag Corp. will shut down production at its refrigerator factory in Galesburg, Ill., and lay off the plant's 1,600 workers by late 2004.

Maytag is using the North America Free Trade Agreement, which I opposed, to move its plant to Mexico. In Mexico it will be able to hire workers at $2 an hour, rather than pay the average wage of $15.14 earned by workers in Galesburg. And the Newton, Iowa, appliance manufacturer is closing its Illinois plant despite recent concessions from the union and substantial sums of corporate welfare given it by city, county and state governments.

Illinois citizens should have no illusions that what is happening in Galesburg is unique. I can tell you that the same thing is happening in my state. In fact, it's happening in many regions of the country. In Vermont, in recent years, as a result of such disastrous trade policies as NAFTA, most-favored-nation status with China and permanent normal trade relations with China and other trade agreements, we have lost thousands of decent paying jobs in Shaftsbury, Newport, St. Johnsbury, East Ryegate, Island Pond, Randolph, Orleans, Bennington, Springfield and Windsor--among other communities.

The simple truth is that our nation's manufacturing base is collapsing. As unemployment rises, more and more Americans are searching for non-existent jobs. In the past two years we have lost just under 1.8 million factory jobs nationwide, according to the Bureau of Labor Statistics, and, at 16.5 million, we now have the lowest number of factory jobs in 40 years.
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