3 ms·
Free trade agreements aren't. Really. If they were free-trade, they wouldn't need thousands of pages of legalese. What it is is "managed trade", an agreement es
by iwwr 13y ago
Free trade agreements aren't. Really. If they were free-trade, they wouldn't need thousands of pages of legalese. What it is is "managed trade", an agreement essentially made to benefit certain large corporations (as you pointed out), but also to restrict and to make many exceptions. It ends up being complex enough that only a large entity with a legal department can take advantage of it, rather than small and medium-sized entreprises.
- jamesbritt 13y agoIf they were free-trade, they wouldn't need thousands of pages of legalese. What it is is "managed trade", an agreement essentially made to benefit certain large corporations (as you pointed out), but also to restrict and to make many exceptions. Indeed. These kinds of agreements are like DRM for economics.