I’ll comment on free trade in general, not TPP specifically. While it’s a truism that free trade increases world productivity, it’s a bad knee-jerk reaction to automatically support all free trade measures. It’s a fact that some Americans lose thir jobs due to free trade, so it can be against self-interest.
Two anecdotes may illustrate why “free trade” becomes a sad joke.
(1) I like foreign movies. Even if we stipulate that Hollywood movies are objectively better, they’re all of a sameness, and it’s interesting and refreshing to watch a foreign-made movie. Because of Hollywood superiority, many countries cannot successfully market their own movies, even in their own countries, without government subsidies. Such subsidies promote cultural diversity.
Such subsidies are ILLEGAL under WTO rules. Countries like Poland, where some huge portion of movies watched were Hollywood movies before WTO, have seen that portion become much huger. The sick irony is that that WTO rule was supposedly motivated by “promoting diversity.” :eek:
(2) One of the duties of the U.S. Administration is to protect its industries from unfair competition. Guess what U.S. industry President Clinton “went to bat” for in a big way, to counter reciprocal European accusations?
Bananas! That’s right; to help Americans get compensation from European anti-American trade rules, Europeans were forced to buy more “U.S.” bananas. But these bananas were not grown on U.S. soil, nor were they cultivated, picked or packed by U.S. hands. What made these bananas into “U.S.” bananas? The companies that profit from them trade their stock on the New York Stock Exchange (and pay money to Washington lobbyists).
I’m not anti-trade, and am not looking for a lecture on Junior High School economics. But those who cling to the simple theme “Free trade is always good – it’s a no-brainer” are missing very very much.
And yes, call me a Trotskyite or tree-hugger if you wish, but there are important values distinct from maximizing world production.