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

Business - Essay Example The amount of problems with this agreement are staggering, but a few should suffice. First: Its not a â€Å"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. â€Å" 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 one 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 enforcement 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 failing entirely, so too will the South Korean FTA fail to protect the law. Bybee, Roger. â€Å"Obama’s 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/obama’s- india-trip-aimed-at-ceos-not-u-s-workers/ Tasini, Jonathan. February 10, 2010. â€Å"Free Trade": The Capitulation Continues, Middle Class Weeps†. Working Life. Retrieved 2/15/2011 from