West Wing: The End of Globalization?

Great political change often begins with the smallest of doubts. Such a doubt is beginning to make itself heard in the US presidential campaign. Free trade, Hillary Clinton is saying, may not be so great after all. Could it signal the beginning of the end for globalization?

...candidate Hillary Clinton is now breaking with the legacy of her predecessors, including that of her husband. She no longer believes that trade with other nations is automatically beneficial to her own country. The old theory no longer holds true, she recently told the Financial Times. If she becomes president, she intends to withdraw from the ongoing World Trade talks that began in Doha, Qatar. In Clinton's view, a trade policy that would pick up where ... Full Story »

Posted by Kaizar Campwala
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Posted by: Posted by Kaizar Campwala - Dec 13, 2007 - 9:33 AM PST
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Jim Filby
4.2
by Jim Filby - Oct. 1, 2008

As this is from the foreign press it is good to see American politics / policies from a different vantage point. It does point out one of our exports is knowledge. The author comes from a "free trade" point of view that sounds very American. I think the point here is that he fails to understand that his own Germany places barriers to trade from the US (Farm subsidies for one) so in essence his complaints of our system wanting to place requirements or barriers is no different than his country has been doing. As long as we export "rose colored" ideas, we will get back what we sow. In this case, the article was interesting from only the view it came from outside our country. The sad thing is that this article may as well been ... More »

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Dwight Rousu
3.7
by Dwight Rousu - Oct. 1, 2008

The story has interesting and informative points. However, it messes with history when it says "free trade" has been uniformly accepted, and fails to define free trade and what is antithetical to freedom within the policies. Clinton abandoned progressives and pushed NAFTA through in order to get business contributions to Democratic party campaign coffers. He thus became the best republican president in history. The article fails to note the devastating effects of the very corporate oriented NAFTA agreements upon third world agriculture, upon labor in all countries, and upon the increasing disparity in income between rich and poor. Hillary's move at this point may only be pandering to progressives in her own party to try to get ... More »

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Kaizar Campwala
3.5
by Kaizar Campwala - Oct. 1, 2008
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