Proceedings from the 8th Annual Labor Segmentation Conference: Impact on Workers and Unions of the Free Trade Agreement Involving Canada, the U.S. and Mexico
George Higgins Labor Research Center
Notre Dame, IN
Place of conference
Notre Dame, IN
The Higgins Labor Research Center, University of Notre Dame and The Division of Labor Studies, Indiana University
NAFTA did not begin on January 1, 1994, but rather, many years earlier in 1988 with the Canadian/USA Free Trade Agreement and with President Carlos Salinas de Gortari's economic reforms. The latest Mexican crisis is but the historic continuation of its 1982 debt crisis. Both are part of the larger global stagnation crisis which began in the 1970s and continues today. NAFTA is not a free trade agreement, but rather the creation of a North American trade block, designed and implemented by American multinational corporations to obtain a greater share of a stagnant global output. It is not a "win, win" bargain of benefits for all, but rather a "lose, lose" deal which redistributes wealth and income from the mass of the American peoples to a few wealthy international property owners. This reality is obscured, distorted, and denied by conservative politicians and the corporate-dominated press, a deception which continues despite mounting evidence to the contrary in all three countries.
Burke, Melvin, "NAFTA Integration: Unproductive Finance and Real Unemployment" (1995). School of Economics Faculty Scholarship. 20.
Burke, Melvin. (1995). "NAFTA Integration: Unproductive Finance and Real Unemployment." In C. Craypo (Ed.) Proceedings from the Eighth Annual Labor Segmentation Conference: Impact on Workers and Unions of the Free Trade Agreement Involving Canada, the U.S. and Mexico. Notre Dame, IN: George Higgins Labor Research Center, University of Notre Dame.
© Copyright 1996 by Msgr. George Higgins Labor Research Center, University of Notre Dame, Notre Dame, IN 46556
publisher's version of the published document