Tweet of the Day: Looming Face Off Between Korea and Asia Over TPP
Looming Face-Off In Asia Over TPP With Korea At The Vortex. Trade pacts can also antagonize non-participants. http://t.co/awr8BpCmco
— tomcoyner (@tomcoyner) October 8, 2015
Looming Face-Off In Asia Over TPP With Korea At The Vortex. Trade pacts can also antagonize non-participants. http://t.co/awr8BpCmco
— tomcoyner (@tomcoyner) October 8, 2015
That was a miserable excuse for an informative article…
…packed with fancy words but lacking any real information that isn’t already blindingly obvious to the most casual observer.
It doesn’t matter anyway. TPP is being mistepresented in the media die to intention or ignorance.
TPP is being marketed as a government vs government issue… but it is really a multinational corporation vs local competition issue.
TPP really helps large established companies stifle potential competition in markets where they currently have some protections which give them room to grow.
Corporate media ignors this. Independent media does not recognize it.
A side-effect is the globalization of labor… which disproportionately lowers high wages for developed country workers more than raising low wages for poor workers… with the difference becoming increased corporate profit… at the expense of greatly lowering living standards for many workers while slightly improving them for others.
Who would think that capitalism could profit from communism so cleverly?
@1, when it comes to these trade deals my default position is that it cannot be good for US workers especially when the same people pushing the TPP also are pushing to legalize illegal immigrants which is also not good for US workers.