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Richard Stallman's Political Notes

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Study predicts decline in US workers' incomes due to TPP

samedi 14 septembre 2013 à 14:00

A study predicts how much US workers' incomes would decline due to the Trans-Pacific Partnership.

The treaty's proponents claim it will make tiny increase in the US GDP, but the loss for workers as their wages are transferred to the rich would more than wipe that out.

The article uses an iThing as a standard of contribution to the GDP. This demonstrates how the GDP is a misleading measure of benefit: it does not count the oppression of the iThings.

The US-Korea "free trade" treaty has worked out badly for the US.

Considered in non-nationalist terms, however, a bigger wrong is that it benefits the rich in both countries while cutting the incomes of everyone else. And the even worse wrong is the way it attacks democracy.