Joe Stiglitz had a nice piece on globalization pointing out that recent "trade" agreements have been largely about shaping rules and regulations to benefit the one percent rather than reducing trade barriers. The strategy of the Obama administration and other proponents of deals like the Trans-Pacific Partnership is to make nonsense claims about the economic benefits of these deals and use ad hominem arguments against the opponents (i.e. call them Neanderthal "protectionists").

In reality, it is the proponents of these deals who are the protectionists, supporting the barriers that limit competition from foreign doctors and others in highly paid professions. And, one of the main goals of these deals is to increase the strength of patent and copyright protection, often raising the price of the affected items by several thousand percent about the free market price.

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