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Article: Economic justice and global trade: an analysis of the libertarian foundations of the free trade paradigm.
- Article from:
- The American Journal of Economics and Sociology
- Article date:
- January 1, 1996
- Author:
CopyrightCOPYRIGHT 1996 Blackwell Publishers Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Introduction
This paper concerns the emergence of an important, late twentieth-century construct, namely the discrediting of neo-mercantilism in favor of corporate and national competition in a global free market. Within North America, for example, the signing of the Free Trade Agreement between the United States and Canada in 1988, and more recently, the conclusion of the North American Free Trade Agreement amongst Mexico, the United States, and Canada, both signal - though far from consistently - an endorsement of the goal of global economic laissez-faire.
The contention here is that the global free market paradigm has not yet earned a full ...