3 ms·
What is wrong with more free trade policies?
by endisukaj 10y ago
What is wrong with more free trade policies?
- sintaxi 10y agoTo name a few reasons... - It creates tax havens by allowing corps to claim profits in the country of their choosing. (see Apple Inc.) - It forces workers in developed countries to compete with workers in countries that don't have adequate human rights/pay. (see Walmart) - It wreaks havoc on the environment by overproduction and shipping. - People in underdeveloped countries pay the price for pollution created in developed countries. - Corporations become huge very quickly and end up having massive influence in politics of several countries. - Countries ultimately lose their sovereignty to the shareholders of these mega-corps.