July 11, 2012

Trade Area Agreements Damage Democracy

Everybody is aware of the effects of Trade Area policies like NAFTA and CAFTA.  They promise lower prices and prosperity, freedom and happiness, but deliver draconian policies and enforcement mechanisms that hurt workers, the environment, and democracy.  The latest maneuver in this bait and switch approach to trade, which some know as “NAFTA on steroids,” is called the TransPacific Free Trade Area proposal, or the TPFTA.