Showing posts with label Mexico. Show all posts
Showing posts with label Mexico. Show all posts

Sunday, August 3, 2014

Book Review: "Does North America Exist?"

I checked a book out from my school's library by a Canadian economist Stephen Clarkson "Does North America Exist?" which analyzed the impacts of NAFTA up to 2008 when the book was written and various impacts seen by the three nations involved.

I read this in what has become my usual way where I don't read every word but do more of a Cosby Method type of reading which allows me to read the book much faster while still learning what the book has to say. I find this easiest with physical books which is why I still read physical books along with the electronic copies which I find to be harder to read quickly than a paper copy. I highly recommend the Cosby Method.

The first big compliment I have for the author is he did a superb way of academically laying out his book so that people can easily answer any question they have within his topic. The other glowing point is the 80 pages of references he uses which is very professional.

One main argument is how NAFTA has a power imbalance given how the United States has the 1/4 of the population and over 80% of the economy in the agreement. This means that there is a reduction in the decisions Mexico and Canada can make unilaterally when it comes to decisions effecting all the involved nations. There are solutions for this, with a court system with NAFTA and other actions which would balance out the power dynamics of the free trade area.

The book discusses how NAFTA effects agriculture and textiles which are the two most controversial industries effected by NAFTA. It lays out the statistics on the arguments downplaying most misconceptions on both sides of the aisle. It really makes it clear that NAFTA was neither an absolute bust to the economy or a cure-all for all the economies woes.

Banks are a non-issue more or less in NAFTA since there is no real central organization dealing with transborder banking, and the book lays out details. Other issues include capital markets and copyright law. I highly recommend the detailed descriptions on these issues.

In general, those are the basic arguments the book makes, and the data behind it makes them more or less irrefutable. I have learned a good bit from this book.

ISBN: 978-0-8020-9653-1

Monday, March 4, 2013

The Left has a choice to make on peace

Foreign policy usually takes the back burner when it comes to politics. Neither party in America pushes hard for a solution to the Palestinian-Israeli conflict, human rights in China or North Korea, or other important issues. The left however has a large split today, and that is between people who support free trade and people who support tariffs, because of the negative effects of some free trade agreements.

Free trade has a number of large benefits. It allows people to find work in places that pay better and escape poverty in poorer countries (which has some disadvantages, nothing is perfect), it allows free travel to come on the scene which can fight the interethnic tensions and wars that often rise when travel is restricted. To have free travel you need free trade.

Free travel, the eventual elimination of customs between different countries and allowing people to move freely will have a lot of power to eliminate hatred between different groups of people. I strongly believe that if the people of Israel and Palestine could talk to each other and there were fewer restrictions on movement the conflict would diminish and they would find they have more in common than they believe. The same political debates, the same hopes, the same dreams, and the far right in both Israel and the PLO will fall making peace possible. I believe that if people from America and Mexico could easily talk to each other and we helped them fight the violence that ravages so many communities the racist tensions that exist with the far right in my country will have less influence. There are reasons why the southern border is a very Democratic area, even in Texas.

To do this requires free trade. Free trade will be the start, and then the left needs to get together and support free travel, and within the mechanisms of free trade labor needs to demand a living wage for an honest day's work. The status quo of no communication between nations brought more conflict and allowed people like Hitler to get entire nations to do the unspeakable, because most people didn't know what the other side was actually like. There is a reason there have been no wars within the EU (an previously EC) since World War II. Personally, I believe free travel is a critical part to world peace, and is worth the costs of free trade. I also don't see how the costs of free trade are permanent.