Foreign Policy in Focus
It was the left who diagnosed the ills of globalization. So why is the right eating our lunch? Today global capitalism is in a period of long-term stagnation following the global financial crisis. The newer protests represent a far broader disenchantment with capitalism than the protests of the 2000s. The building blocks of an alternative economic model are there - sustainable development, de-growth, and de-globalization.
United Electrical Workers Union (UE)
UE's General Executive Board denounced Trump's racist and jingoistic proposals for a renegotion of NAFTA and instead called for a new set of trade policies that prioritize workers common interests and relies on international solidarity as its cornerstone. Any renegotiation of NAFTA must be oriented around the improvement of workers’ lives and protection of the environment focused on those regions of the continent where conditions are the most desperate.
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The OECD should be in the business of helping people build democratic institutions that give them economic and political voice—guardians of equality and democracy. The alternative to addressing wage stagnation and the status of working people in the global economy is not more of the same elite dominated globalization. The alternative is an escalating crisis where the false promises of authoritarianism and racism threaten to overwhelm the democratic ideal.