"free trade" creates better jobs. to what extend do you agree with this?
Answer:
"Free trade" as it is currently practiced is not free at all. American cars have a 100% tarriff imposed by the chinese government, while Japan has similar tarriffs. How can American cars compete like this, while we have no tarriffs on foreign cars?
In high tech, innovation follows manufacturing. How are you going to stay on top of fabrication methods and designs when the factory is in China? How are you going to work out the kinks from 4000 miles away? What is to stop them from doing away with you altogether? The idea that high-paid creativity will be American while fabrication takes advantage of chinese slave labor is a fantasy. We have no absolute advantage, and the post-WWII prosperity of the USA is vanishing in a haze of asian-financed debt, hollowed-out manufacturing, and internal outsourcing to illegals. It's not that bad yet, but it's long overdue that we put our foot down.
for who? certainly not american workers
Depends upon who you are trading freely with. If it is a country in which labor has the same rights as here and receives comparable pay and benefits, then I would agree. Free trade would then create a bigger market resulting in more business and more and better jobs.
On the other hand, if we are trading freely with a nation where labor is not paid well and doesn't have the same rights to improve their lot that our workers have, then it will be cheaper to make products in that country. That will take jobs away from our country, while the lower paid workers in that country won't have the money to buy the products that are still made here.
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A better way to phrase the question is how free trade helps fuel the development of the best jobs for a nation.
Free trade enables a more highly educated nation like the United States to foster its technical superiority and thus create more high tech jobs. Nations with a shallower pool of technical knowledge are going to see concentrations of lower skill jobs.
Now is there anything wrong with this? No because it allows nations to use the makeup and skill level of their population to their advantage and engage in commerce. Even though someone might be working a low paying and low skill job in a third world nation, their nation and themselves are receiving an influx of cash they could not in the past. Because of this increase in currency, these nations can afford to speed up their development by expanding their technical base with the help of those nations that have one already. Thus free trade creates a situation where the technologically superior nation benefits from cheaper goods and the less developed nation benefits from having access to currency and the technical knowledge of the other nation.
Some workers might be disadvantaged in the developed nation because of the exporting of low skilled jobs, but in reality the vast majority of the population who is educated benefits. This further stimulates the need for education in the developed nation and lessens the number of people without skills.
Because of free trade we are losing our manufacturing base, hundreds of thousands have lost their jobs, most going to Mexico and over seas. The most recent has been Hershey Co. has moved to Mexico, 900 people lost their jobs. Not everyone can be highly educated or has the capability to be highly educated, so what are those people going to do. Is it just to bad for them.
If you're dealing with countries like China that have no human rights or workers rights then wages have to come down in one's own country in order to compete.
Free trade creates some jobs but annihilates others as the "theoretical elimination" of subsidies, tariffs and protectionism allow other countries into ones own markets.
But some countries still don't play fair.
I think it is the opposite. It pits workers against the poorest workers in the world for wages and benefits -or lack thereof.
is that the propaganda they still teach in american education camps,..'free trade' as it is loosely coined, promotes 'indentured servitude', illegal immigration, poverty, mandatory unemployment, congress raising their payscale at the expense of the taxpayer, crime and ignorance,..and these are just the tip of the iceberg,..democraticapitalism is corrupt and only, i say only a true communism form of government will reign in the corruption running rampant by corporate demons,..they create, you want, they offer, you purchase, you want something else, you tell someone, someone makes it, you want it, they offer, you purchase with usury,..the debtor is slave to the lender,..get out of debt and watch the bank lose its power over the population or keep borrowing and give up your rights,..there will not be enough cheese for all the whine,..free trade is a load of fecal matter,..
i e a e,..
unificationist,..
It only creates better jobs for the some. In America, it makes it easier for a select number of professionals and for the rich. ItHelps nations like CHina and India, which has leverage of numbers to get companies to build in their nations. It destroys other third world country by bankrupting their farms. When these nations lose the farming industry, the value of their money depreciates, and their economy spirals downwards.
ZERO
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