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Free Traders - Elites, Democracy, and the Rise of Globalization in North America (Paperback)
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Free Traders - Elites, Democracy, and the Rise of Globalization in North America (Paperback)
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Today's global economy was largely established by political events
and decisions in the 1980s and 90s, when scores of nations opened
up their economies to the forces of globalization. In Free Traders,
Malcolm Fairbrother argues that politicians' embrace of
globalization was much less motivated by public preferences than by
the agendas of businesspeople and other elites. Drawing on over one
hundred interviews with decision-makers, and analyses of archival
materials from Canada, Mexico, and the U.S., Fairbrother tells the
story of how each country negotiated and ratified two agreements
that substantially opened and integrated their economies: the 1989
Canada-U.S. and trilateral 1994 North American Free Trade
Agreement. Contrary to what many commentators believe, these
agreements-like free trade elsewhere-were based less on mainstream,
neoclassical economics than on the informal, self-serving economic
ideas of business. While the stakes in the globalization debate
remain high, Free Traders uses a comparative-historical approach to
sharpen our understanding of how globalization arose in the past to
provide us with clearer trajectory for how it will develop in the
future.
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