Cut the Globaloney
How Free Trade and Free Market Ideology are Undermining the U.S. Economy
International trade and markets are reasonable practices in any sound economy. But when "Free Trade" and "Free Market" ideology come to dominate the media and the political debate, voices critical of conservative economics are stifled. The "Free Trade" dogma is nowhere stronger than in the Northwest. The dominance of Boeing, Microsoft, and the Port of Seattle in the local economy militate against any examination of the downside of unregulated trade and markets.
Donald Barlett and James Steele, two Philadelphia Inquirer reporters, identify the Rhinoceros in the kitchen that polite society is unwilling to talk about: the U.S., for almost two decades, has consistently run huge trade deficits, with a corresponding loss of high-wage jobs. This article is part of a ten part series that started to run in the Seattle Times, but the Times cut the series right before this article appeared. This segment focuses on the Boeing Corporation, where concerns for short-term market access are contributing to the weakening of the long-term strength of the nation's manufacturing.
In an accompanying piece, Seattle writer Davis Oldham discusses the way free market rhetoric is distorting the real causes of economic growth, while slanting the debate against social policies necessary to meet human needs.
A FREE PRESS
SPECIAL REPORT
November - December 1996
- by Donald Barlett and James Steele
- Excerpted with permission from America: Who Stole the Dream?
- by Davis Oldham
- Free Press Contributor
- Related sites out in webland.
[Home]
[This Issue's Directory]
[WFP Index]
[WFP Back Issues]
[E-Mail WFP]
Contents on this page were published in the November/December, 1996 edition of the Washington Free
Press.
WFP, 1463 E. Republican #178, Seattle, WA -USA, 98112. -- WAfreepress@gmail.com
Copyright © 1996 WFP Collective, Inc.
