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Saturday, November 17, 2007

Trade Deals

LIKE THE PATRIOT ACT AND NIE'S, "THINGS THAT NEED TO BE READ, FOR 500, ALEX"

Loss of sovereignty, or, more precisely, judicial sovereignty, is one of the problems with the creation of trading blocks, which are not such a bad idea, from a realist perspective, otherwise.

It appears that the most recent "compromise" includes ensconcing the status quo, in a way, in Peru, by providing ... "environment guarantees" that mitigate the normal/natural risks of "free trading".

One can easily see a link between labor and environmental standards, so that "foreign capital" from America doesn't look so obviously predatory. What the heck does how a country managing it's domestic policy on pensions have to do with it, though?


John Edwards on the Peru Deal
The Hill, on the same.