- Jul 2024
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www.investopedia.com www.investopedia.com
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NAFTA displays the classic free-trade quandary: Diffuse benefits with concentrated costs.
for - key insight - free trade - from - Backfire: How the Rise of Neoliberalism Facilitated the Rise of The Far-Right
quote - free trade - (see below)
key insight - free trade - NAFTA displays the classic free-trade quandary: - Diffuse benefits with - concentrated costs - While the economy as a whole may have seen a slight boost, - certain sectors and communities experienced profound disruption. - A town in the Southeast loses hundreds of jobs when a textile mill closes, - but hundreds of thousands of people find their clothes marginally cheaper. - Depending on how you quantify it, the overall economic gain is probably greater but barely perceptible at the individual level; - the overall economic loss is small in the grand scheme of things, - but devastating for those it affects directly.
from - Backfire: How the Rise of Neoliberalism Facilitated the Rise of The Far-Right - https://hyp.is/F6XYujyREe-TaldInE8OGA/scholarworks.arcadia.edu/cgi/viewcontent.cgi?article=1066&context=thecompass
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for - NAFTA free trade - complexities
NAFTA free trade deal - complexities - NAFTA was a a very complex trade deal and it's not so easy to calculate its net impacts
from - How neoliberalism played a role in emerging the far-right - https://hyp.is/F6XYujyREe-TaldInE8OGA/scholarworks.arcadia.edu/cgi/viewcontent.cgi?article=1066&context=thecompass
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scholarworks.arcadia.edu scholarworks.arcadia.edu
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for - adjacency - Neoliberalism - rise of the Far-Right - paper summary
paper summary - title: Backfire: How the Rise of Neoliberalism Facilitated the Rise of the Far-Right - author: Jacob Fuller - date: April 2023 - publication: The Compass: Vol.1: Iss. 10, Article 3 - download link: https://scholarworks.arcadia.edu/thecompass/vol1/iss10/3
summary - A good paper that examines the root causes of the ascendency of the far-right in U.S. politics, based on harmonizing two theories - emergence of neo-liberalism - racialized economic anxieties
- NAFTA is complex and is often oversimplified
- See this article that discusses its complexities
to - How Did NAFTA Affect the Economies of Participating Countries? - https://hyp.is/0j7PsjyUEe-LGOsFIWCyWA/www.investopedia.com/articles/economics/08/north-american-free-trade-agreement.asp
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- Nov 2014
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www.eatdrinkpolitics.com www.eatdrinkpolitics.com
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Funny how Corporate America loves the term “free market” except when they are under threat.
Author misses the point here. Corporate America loves the term "free market" only when it is under threat. A "free market", as we know it, is anything but free. It is regulated into existence by "free trade" agreements and the like.
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