Thursday, July 28, 2005

Cuaderno Latinoamericano: CAFTA Approved - I generally recognize the potential benefits of free trade policies. However, I am also of the opinion that unregulated free trade does not necessarily improve the quality of all lives, even if it increases overall wealth. I guess you might call me more of a "fair" free trader -- someone who wants more open markets and understands the benefits that can be gained by creating more open markets, but who also wants the benefits to be spread out evenly and fairly among all involved.

That said, I am not at all convinced that CAFTA, in its current formulation, is structured to bring benefits to all affected parties.

The fact that the CAFTA as currently formulated is opposed by the U.S. Catholic Bishops, as well as by the Central American Catholic Bishops, is enough to give me pause. Free trade without justice is not worthy of support; and how can justice be present if workers have been excluded from the crafting of the CAFTA.

My two cents. I'd love to hear yours.

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