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US Trade Deficits, Trump Trade Policies, and Capitalist Globalization

Marty Hart-Landsberg Reports from the Economic Front
The US trade deficit is the result of a conscious globalization strategy by large multinational corporations. This strategy has greatly paid off for them. They have been able to use their mobility to secure lower wages, reduced regulations and lower taxes.

NAFTA, The Cross-Border Disaster

David Bacon The American Prospect
The trade treaty, now up for renegotiation, has displaced millions of Mexican workers, and many thousands of U.S. workers as well. A U.S. autoworker earns $21.50 an hour, and a Mexican autoworker $3, but a gallon of milk costs more in Mexico than it does here. People were migrating from Mexico to the U.S. long before NAFTA, but the treaty put migration on steroids.

labor

AFL-CIO Must Shine Light on Past Foreign Policy, Activists Say

Larry Sillanpa Labor World
Delegates to the Duluth AFL-CIO Central Labor Body passed a resolution calling on the national AFL-CIO to release sealed documents on its history with AIFLD, the American Institute for Free Labor Development. In 1992, workers at a Ford assembly plant in Mexico were attacked after a strike, leaving 12 workers wounded and one dead. Questions remain that have not been answered about AIFLD's role in what happened.

labor

AFL-CIO Must Shine Light on Past Foreign Policy, Activists Say

Larry Sillanpa Labor World
Delegates to the Duluth AFL-CIO Central Labor Body passed a resolution calling on the national AFL-CIO to release sealed documents on its history with AIFLD, the American Institute for Free Labor Development. In 1992, workers at a Ford assembly plant in Mexico were attacked after a strike, leaving 12 workers wounded and one dead. Questions remain that have not been answered about AIFLD's role in what happened.

labor

Canadian, U.S. Unions Push for Wage Hike Amid NAFTA Talks

Ginger Adams Otis New York Daily News
Labor leaders in the U.S. have made it clear they are supportive of a NAFTA overhaul — but only if it helps eliminate the wage gap with Mexico and includes Canada’s long-shot demands for labor reform.

Xi, Trump and Rising China in the World

Duncan McFarland Portside
This fall the Chinese Communist Party holds its Nineteenth Party Congress. The US-China relationship is one of considerable global importance on several levels: political, economic and the situation of socialism and the international working class. Trump in his presidential campaign adopted a very hostile anti-China tone. However, after Trump assumed power, he changed; his actions towards China proved largely a continuation of established policy. Why did this happen?

It’s Not Only Necessary to Develop an Alternative to Globalization — It’s Entirely Possible

Walden Bellow 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.

Fire and Riddles at Hamburg G-20 Conference

Victor Grossman Portside
Victor Grossman reports from Germany, giving a European left perspective on the recently concluded G20 Summit in Hamburg. Was anything accomplished in polished conference rooms and luxurious hotel suites carefully protected from the wild, fiery street scenes? Was it worth hundreds of injured police officers and arrests and millions in damage? His answer: maybe.

labor

Retirement 'Bittersweet' for Union Local President Who Challenged Trump

Brian Slodysko Associated Press
United Steel Workers Local 1999 President Chuck Jones grabbed headlines in December after he publicly accused then-President-elect Donald Trump of lying about how many jobs he was saving in a deal with furnace and air conditioner maker Carrier Corp. During a hyped-up announcement at its Indianapolis factory, had Trump inaccurately said that 1,100 jobs would be saved. The number was closer to 800.

A Globalism of the 1%: Donald Trump Against the World The Birth of a New Nationalist World Order

John Feffer Tom Dispatch
This is a stunning piece of analysis on how Donald Trump will go to war with the planet (just as he essentially suggested he would in his America-First inaugural speech). John Feffer, author of the unforgettable new dystopian novel Splinterlands, the latest Dispatch Book, explores how President Trump plans to blow up the present world order and give birth to a new kind of internationalism led by a global confederacy of oligarchs. (Tom Engelhardt)
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