Business Essay Example | Topics and Well Written Essays - 250 words - 8

Business - Essay ExampleThe amount of problems with this agreement are staggering, but a few should suffice. First Its not a free trade agreement. There is certainly an argument to be made for the idea of more liberal international markets that allow economies to start converging towards a global price and wage. But this is not what is happening. Certainly, today, so-called free trade is in fact very much managed trade. I urge people to read, as I have, so-called free trade deals--they are densely-packed huge volumes of text that set out protections for capital and investment (particularly, intellectual property and patents). And no champion I know opposing these disastrous, middle-class killing trade deals is against trade. They are not protectionists--they are people who want trade based not on corporate rights but on trade that creates a floor for wages around the world and boosts community standards, not tries to make a buck on the undercutting of standards (Tasini, 2010).The e nforcement of the agreement is also a joke in bad taste. Just like NAFTA ended up undermining OSHA standards in America and harming Mexican workers, the enforcement regime of the CLC impuissance entirely, so too will the South Korean FTA fail to protect the law.Bybee, Roger. Obamas India Trip Aimed at CEOs, Not U.S. Workers. In These Times. November 9, 2010. Retrieved 2/15/2011 from http//dissentingdemocrat.wordpress.com/2010/11/09/obamas-india-trip-aimed-at-ceos-not-u-s-workers/Tasini, Jonathan. February 10, 2010. Free Trade The Capitulation Continues, Middle Class Weeps. Working Life. Retrieved 2/15/2011 from