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For Richer, For Poorer

For Richer, For Poorer

Harry Browne

(1994)

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Abstract

Whatever the future of the North American Free Trade Agreement (NAFTA), the US and Mexico are involved in a rapid and unstoppable process of economic integration. Driven by the changing global production systems of US and other transnational corporations, the two countries' economies are now more closely intertwined than ever before. But NAFTA, with its business-first brand of integration, has been criticised as little more than a corporate bill of rights, allowing big corporations to take advantage of cheap labour and lax environmental regulation in Mexico, and to play one labour movement off against another. NAFTA has provoked an unprecedented level of public interest and criticism from a unique coalition of environmentalists, trade unionists and human rights activists. For Richer, For Poorer explains the nuts and bolts of globalisation, and explores winners and losers in NAFTA-style free trade. It examines who opposed and supports NAFTA in the US and Mexico and looks at their arguments. The book outlines alternative strategies to promote a more balanced process of integration that protects workers' rights and the environment as well as business interests.

Table of Contents

Section Title Page Action Price
Title Page iii
Copyright Page iv
Acknowledgments v
Table of Contents vii
Introduction: Economic Globalization Sets the Stage 1
The United States in the Global Economy 4
Mexico in the Global Economy 9
Chapter 1: Ties that Bind 19
The Changing Face of Mexico 21
Chapter 2: Maquiladoras: Manufacturing on the Margin 29
From Screwdrivers to Robots 31
Jobs, Jobs, Jobs 32
Enclave Industrialization 35
The Runaway Phenomenon 39
Whither the Maquiladoras under Free Trade? 44
Chapter 3: Labor Solidarity Faces the Test 47
NAFTA Sounds a Wake-up Call 51
Chapter 4: Free Trade: The Ifs, Ands, & Buts 59
The Ideal and Reality of Free Trade 60
The Goals of Regional Free Trade 64
No Longer a Theoretical Debate 68
The Wage and Employment Debate 72
Free Trade, the Environment, and the Consumer 78
Sovereignty, Internationalism, and Protectionism 85
Shaping the Alternatives 87
Out of the Back Rooms 88
Compensatory Financing 89
Legal and Normative Frameworks 91
Institutional Innovations 93
Uphill Battle 94
References 97
Appendix 117
Index 123
About the Authors 129