A decade later, a tempered vision of NAFTA – Industrial space that was once hotter than a jalapeño pepper is cooling as companies that flocked to Mexico in the 1990s are looking to China, Honduras, Sri Lanka, and elsewhere for lower wages and better all-around conditions. Overall, the number of jobs in Mexico’s so-called maquiladora assembly plants, while still well above what they were when the revolutionary free-trade agreement took effect in January 1994, are down more than 20 percent from their peak three years ago. [Christian Science Monitor]
It seems that many of these free trade arrangements include forcing our trading partners to guarantee the protection of our intellectual property while protecting our agricultural subsidies. If the trade laws were rewritten without the subsidies, I think most of critics concerns would be addressed as we’d see more of the benefits being distributed to the poorer agricultural workers in our trading nations. Continue Reading »





















