Re:David Rockefeller has died
by endisukaj on Monday March 20, 2017 @02:39PM
(#13916554)
What is wrong with more free trade policies?
[ Parent
| on HN ]
To name a few reasons...
- It creates tax havens by allowing corps to claim profits in the country of their choosing. (see Apple Inc.)
- It forces workers in developed countries to compete with workers in countries that don't have adequate human rights/pay. (see Walmart)
- It wreaks havoc on the environment by overproduction and shipping.
- People in underdeveloped countries pay the price for pollution created in developed countries.
- Corporations become huge very quickly and end up having massive influence in politics of several countries.
- Countries ultimately lose their sovereignty to the shareholders of these mega-corps.