Capitalism, The Korea-U.S. Free Trade Agreement, and Resistance

Author: Martin Hart-Landsberg

Abstract:

Free trade agreements (FTAs) have become an essential part of the corporate effort to establish a global infrastructure suitable to its contemporary accumulation dynamics. Because they establish and reinforce patterns of economic activity that are destructive of majority interests, they should be opposed. This article scrutinizes one agreement: the Korea-U.S. FTA. It examines the motivations that led to its negotiation, the content of the agreement, and the arguments U.S. government officials and institutions have made in support of its ratification. It concludes with a critical evaluation of the efforts of U.S. and Korean opponents of its ratification and a call for a new organizing strategy.



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September 2011
© 2007 ILO/Crozet M.