IssueWatch - Fair Trade

The media has been guilty of misrepresenting the discussion about globalization for a long time. Very few parties involved in the discussion support a viewpoint that could be considered “anti-globalization.” Almost all the participants in the global trade debate recognize that greater trade around the world is not only a reality, but it can benefit everyone involved. However, those who promote “fair trade” policies recognize both sides of global trade transactions must benefit for a healthy world economy to be the end result.

Gov. Dean discussed fair trade in his speech this week at the Council of Foreign Relations…

“…We must recognize the importance of spreading the benefits of economic growth as widely as possible. The growth of multinational corporations and the globalization of the economy have helped create wealth and economic growth. But we must make certain that people in the developing world are full and equal beneficiaries in this growth and are not marginalized by it.

As long as half the world's population subsists on less than $2/day, the U.S. will not be secure. Poor states and failed states provide breeding grounds for disease as well as recruits and safe havens for terrorists. A world populated by "hostile have-nots" is not one in which U.S. leadership can be sustained without coercion.

We want a trade and development policy that does not enrich the minority but will empower the majority.

In addition to supporting the growth of fair global trade we must use our foreign assistance monies strategically to support the rule of law, combat corruption, help the most needy and assist governments in creating democracies and developing infrastructure and human resources in their countries. We must bring still more energy to the cooperative battle against HIV/AIDS, which in too many countries is undermining security and tearing the heart out of economies, communities, and entire generations….”


Share your thoughts on globalization and fair trade. Also, how do you feel about the mass media distorting this discussion?

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