It means that corporations are pretty much free to do as they please, while workers lose their jobs and their rights.
Free Trade proponents (mainly repubs) are hypocritical wrt protectionism, see the steel tariffs.
Those same proponents see things like Unions and environmental protection as "trade barriers" that have to be removed.
The only thing "Free Trade" has going for it, is that it sounds nice.
U.S. Blocked Release of CAFTA Reports
By Larry Margasak
Associated Press Writer
Published: Jun 29, 2005 1:09 PM EST
http://ap.lancasteronline.com/6/free_trade_studiesWASHINGTON (AP) - The Labor Department worked for more than a year to maintain secrecy for studies that were critical of working conditions in Central America, the region the Bush administration wants in a new trade pact.
The contractor hired by the department in 2002 to conduct the studies has become a major opponent of the administration's proposed Central American Free Trade Agreement, or CAFTA.
The government-paid studies concluded that countries proposed for free-trade status have poor working environments and fail to protect workers' rights. The department dismissed the conclusions as inaccurate and biased, according to government and contractor documents reviewed by The Associated Press.
NAFTA's chapter 11
"...gives corporations rights to sue governments in special tribunals, for unlimited compensation for profits lost due to normal governments activities."
"...there have been cases, like "Metalclad".
An American company called "Metalclad" went down to Mexico to build a toxic waste dump on an aquafer; the local supply of water. The government said "no, this goes against our environmental laws".
The people are getting poisoned from the water - what corporation has a right to poison our water? The government passed a law that said "no, you can't operate this thing".
They said "that's to bad, we have rights as a corporation that outweigh your human rights". They sued them for 17.5 million dollars saying it was a barrier to fee trade.
This US corporation takes the Mexican government to a NAFTA court, sues under this chapter eleven, and the ruling is - the Mexican government has to pay millions of dollars in "penalties", for "lost profits" of this corporation."
from the documentary "Trading Freedom" (Indymedia)
http://www.indymedia.org.uk/en/2004/01/284511.htmlalso documented at
Berkeley University
http://are.berkeley.edu/courses/EEP131/classpresentations/Metalclad.pdf (PDF)
(turns out the amount in penalties to be payed by the Mexican government was reduced, but "...the judge agreed with the NAFTA panel on the merits that the actions of the Governor constituted expropriation".
New York Law Journal
http://www.clm.com/pubs/pub-990359_1.htmlStop FTAA
http://www.stopftaa.org/article.php?id=37"NAFTA Chapter 11 Investor-to-State Cases: Bankrupting Democracy"
http://are.berkeley.edu/courses/EEP131/Nafta_Chapter11.pdf (PDF)
Senator Hank Brown (R), Nader and WTO
http://www.amconmag.com/2004_06_21/cover.htmlRN: Did you hear about my challenge to Senator Hank Brown?
We put a challenge out before WTO was voted in 1995 because we went all over Capitol Hill and had never found any Member of Congress or a staffer who had ever read the proposal. So I said, “I’ll give $10,000 to the favorite charity of any Member of Congress who will sign an affidavit that he or she has read the WTO agreement and will answer 10 questions in public.”
The deadline passed. Nobody. So I extended it a week. A quarter to 5:00 on Friday, the phone rings in our office. It is Hank Brown, and he said, “I don’t want the $10,000 to charity, but I will take you up on it. How much time do I have?” I said, “Take a month.” So he reserves the Senate Foreign Relations Committee for the interrogation.
It gets better. The press is all there, and in the witness chair is Hank Brown. We have 12 questions, and he answers every one. They weren’t all simple either. It was really impressive. And I said, “Thank you very much. That was really commendable,” and we start to get up and he says, “Wait. I have something to say.” He says, “You know, I am a free trader, and I voted for NAFTA, but after reading the WTO agreement, I was so appalled by the anti-democratic provisions that I am going to vote against it and urge everyone else to.”
The next day, almost no press. It shows you the bias against anybody who challenges those multinational systems of autocratic governance that we call “trade agreements.” And he didn’t convince one extra senator.
famous quote:
“Mr. Chairman, distinguished Members of the House Ways and Means Committee, it is indeed a pleasure to testify before a committee of Congress that has read this proposed trade agreement,” and the chair looks up and says, “What makes you think we did?”