Summary of The Selling of Free Trade

Nafta, Washington, and the Subversion of American Democracy

Hill and Wang, more...

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The Selling of Free Trade book summary
Business leaders pay attention: Here’s an unabashed, eloquent and intelligent explanation of why so many people oppose globalization, free trade and NAFTA.

Rating

6 Overall

4 Applicability

6 Innovation

7 Style

Recommendation

John MacArthur, editor of Harper’s Magazine, is a persistent, resourceful and thorough reporter with an unapologetic opinion about the North American Free Trade Agreement (NAFTA). MacArthur makes no attempt to disguise his disdain for the trade pact, which he describes as a measure designed to institutionalize US exploitation of Mexican workers, or for the politicians, businessmen and lobbyists who supported it. In researching this book, MacArthur interviewed many of the key national and international players who helped create NAFTA and found rare interviews with others. He illustrates the debate by presenting an analysis of NAFTA’s impact on workers at a US factory and on the Mexicans who replace them. Ironically, he paints such an effective portrait of the inner workings of the Mexican maquiladoras factories that US business leaders reading this book might be further enticed to relocate. The finest features of the book are its exhaustive treatment of the law-making process and its lucid judgment of the Washington establishment. getAbstract recommends this book to students of politics or international trade, business leaders interested in gaining insight into the antiglobalization movement, and anyone seeking to pass a bill in Congress.

In this summary, you will learn

  • Why the North Atlantic Free Trade Agreement (NAFTA) was a pawn in American presidential campaign politics
  • Why the many American jobs NAFTA promised came to nothing
  • Why US business leaders should move their operations to Mexico
  • How former Mexican president Carlos Salinas ultimately harmed his country
 

Summary

NAFTA: A Story of Staples
The North American Free Trade Agreement (NAFTA) of 1993 was presented to the public in almost messianic terms. In rhetoric like that of the old Soviet Marxists, leaders and industrialists proclaimed that “economic forces” and “free trade” were creating unprecedented...
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About the Author

John R. MacArthur is an award-winning journalist and author. He has been president and publisher of Harper’s Magazine since 1983.


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