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Myths of Free Trade: Why American Trade Policy Has Failed
 
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Myths of Free Trade: Why American Trade Policy Has Failed [Hardcover]

Sherrod Brown (Author)
3.3 out of 5 stars  See all reviews (9 customer reviews)


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Book Description

October 1, 2004
From the ranking Democrat on the House's Commerce committee, a myth-busting guide to free-trade ideology —ten years after NAFTA.

"We discovered that the Chilean government had hired Bob Dole to represent them against U.S. salmon farmers. Dole had served as chair of the Senate Finance Committee, the panel with jurisdiction over trade. After my office alerted the media, Dole angrily demanded to know who that Ohio Congressman was who had outed him." —from Myths of Free Trade

  • Myth #1: Corporate globalization is inevitable
  • Myth #2: Free-trade agreements help fight the war on terrorism
  • Myth #3: Free trade leaves most people better off — rich or poor
  • Myth #4: Free trade will bring democracy, human rights, and freedom to authoritarian governments
  • Myth #5: NAFTA has been a success
  • Myth #6: Free trade is a great American tradition

From the editorial pages of the New York Times to the streets of Argentina, ever more people are questioning the extravagant claims made on behalf of free trade. Now Sherrod Brown, a leading progressive member of Congress, takes apart the free-trade faith, myth by myth, providing a front-row seat to the widescreen spectacle of corporate lobbying and political intimidation that keeps the free-trade mantra alive as American policy, despite all evidence that free trade is failing.

Ten years after NAFTA, free-trade policies have not brought prosperity to Mexican workers, and more than one million American jobs have been lost. Brown draws on his travels to meet with Mexican maquiladora workers and laid-off Americans —as well as visits paid to him by corporate lobbyists —to take on the free-trade proselytizers.



Editorial Reviews

From Publishers Weekly

Brown, a Democratic congressman from northeastern Ohio’s steel belt, is a veteran of legislative battles—described here in gory, arm-twisting detail—over NAFTA, GATT and other trade agreements, and in this impassioned polemic, he rebuts the usual rationales offered by free traders. Our current free trade agenda, Brown insists, is an un-American departure from a history of tariffs and government intervention aimed at developing the nation’s economy and protecting workers and the environment from the excesses of the market. He contends that free trade doesn’t promote growth in either developed or developing countries, but simply shifts well-paying American jobs to Third World sweatshops. There, miserably underpaid workers, denied workplace safety regulations or the right to unionize, can’t buy the products they make, which creates imbalances of supply over demand and thus contributes to global economic stagnation. Rather than spreading American values around the globe, he argues, free trade buttresses the power of authoritarian regimes like China’s. Indeed, in Brown’s view, no one benefits from unregulated trade except corporations and rich investors, eager to deploy their assets wherever labor and the environment are most profitably exploited. Although not systematically developed, Brown’s fact-filled argument is a cogent critique of American trade policies in a punchy left-populist style that is rarely heard in Washington these days.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

About the Author

Congressman Sherrod Brown has represented Ohio's 13th Congressional District since 1992 and serves on the House Subcommittee on Commerce, Trade, and Consumer Protection. He is the author of Congress from the Inside. He lives in Washington, D.C., and Cleveland, Ohio.

Product Details

  • Hardcover: 240 pages
  • Publisher: New Press, The; 1st edition (October 1, 2004)
  • Language: English
  • ISBN-10: 1565849280
  • ISBN-13: 978-1565849280
  • Product Dimensions: 8.3 x 5.7 x 1.1 inches
  • Shipping Weight: 13.6 ounces
  • Average Customer Review: 3.3 out of 5 stars  See all reviews (9 customer reviews)
  • Amazon Best Sellers Rank: #134,757 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews
36 of 49 people found the following review helpful
By mallard
Format:Hardcover
What's in a word? Plenty, when that word is the adjective "free" in front of the noun "trade." The positive connotations of "free" have clouded the debate between free traders and those wanting to protect specific U.S. industries through regulation of foreign imports.

In "Myths of Free Trade," U.S. Rep. Sher rod Brown, the Lorain Demo crat, puts to work the con siderable knowledge he has gained through his efforts on the House subcommittee on commerce, trade and consumer protection to make his argument against untrammeled free trade.

He maintains that he is on the side of the angels, and that the mass public supports his views, no matter how often political and media elites label him an extremist know-nothing.

If leaders of our institutions would take the time to listen to people who work with their hands, they might learn something about the reasons for workers' anxiety, about the hopelessness with which many look to the future, and about social justice," Brown writes. "And they would see that unregulated free trade hurts more people than it helps - not only in the United States, but throughout the world."

Brown argues that an unregulated global economy does not automatically operate efficiently according to some magic formula of American capitalism. He goes further to say that the harm of free trade outweighs any benefits.

Those harmed include a Cleveland-area child "who eats raspberries grown in Guatemala by poorly paid farmers who use pesticides banned in the United States; the unskilled, minimum-wage worker in Los Angeles who loses her job to an unskilled, five-dollar-a-day worker in Yucatan; the machinist in New York who takes a wage cut because of his company's threat to move to China and the Chinese prison camp laborer; the tomato grower in Florida who has to sell his farm; and the peasant in Chiapas who must flee the native village where his family had made its home for dozens of generations."

Brown criticizes both political parties for what he sees as blindness to the facts and wonders about the gullibility of presidents Bill Clinton and George W. Bush, about economics professors, about journalists and about his colleagues in Congress.

Wondering about so many allegedly misguided souls, Brown can sound self-righteous at times. That tone, however, is ameliorated by the quality of his evidence. He might not be correct in some cosmic sense, and he might not convert anybody already on the other side of the debate. But his examples are plausible and well-presented.

"Our political leaders support - and excuse - authoritarian leaders in China and Indonesia because our corporate leaders have identified these totalitarian societies as ideal places to invest and reap huge profits, almost always selling back into the U.S. market the goods that slave labor or underpaid workers produce," he writes. "Big business has ignored or put aside Chinese human rights abuses, security threats, theft of intellectual property and loss of American jobs."

Trade policy is a hot-button issue when jobs come or go because of it. It is difficult, though, to explain the ideas undergirding trade policy. Here, Brown delivers information about an issue usually under the media radar.
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14 of 21 people found the following review helpful
A must read September 2, 2005
Format:Hardcover
This is a tremendously informative and well written book. Short and to the point and in a language that anybody can understand, it should be required reading for anyone vaguely interested in the economic future of America and, indeed, the whole world.

Mr. Brown's book is not a populist war cry but a sensible and well reasoned debunking of all the "free trade" rhetoric one normally hears.

One warning: This book may well leave the reader angry with the status quo!
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Format:Hardcover
Sherrod Brown must have been absent the day they taught comparative advantage in grade school. This is one of the most useless printed books on trade in nearly half a century.

A better title for the book should have been: "The Middle Ages: Why trading with nobody and keeping everybody poor is in everybody's interest."

If you know basic trade policy, don't waste your time with this book. It will give you an aneurysm.

Another commenter wrote:

"Clearly Senator Brown has not written this book for mass consumption, but rather rather for his target audience, the Union workers, environmentalists, human rights audience and the rest of the anti-free trade crowd. There's absolutely nothing wrong with that, But don't take this book too seriously, if you're looking for a good solid critique of free trade in the modern era, don't bother buying this book.

On the other hand if you want to buy a book that reinforces your opinion that republicans and free trade generally are bad (along with the corporations, WTO, IMF, World Bank) then by all means buy this book."

I couldn't have said it better myself. This book is horrible. I read it at the Library and bought it to write a full refute, which is easy, considering it has about as much data as a Harry Potter book.
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Most Recent Customer Reviews
Clarity on trade injustice
Sen. Brown has given an unblinking look at the way rich countries abuse poor countries. This is the only book-length treatment of this injustice I've seen. Read more
Published on May 5, 2010 by Karl Hess
Pandering to the Left-Wing!
I honestly read this book with an open mind but found that Brown makes many mistakes usual for someone without an education in economics or another applicable business area. Read more
Published on June 11, 2007 by Poonchie106
A clear-headed, common-sense analysis of a difficult subjectj
Sherrod Brown has written in plain English an easy-to-understand explanation

of the myths that the American public has been spoon-fed on free trade by the usual... Read more
Published on May 28, 2007 by Dave Shapiro
Pulp International Economics
If this book had as much evidence and proof as it does assertions and assumptions then it would be at least respectable. Read more
Published on March 27, 2007 by IPEster
Another Lou Dobbs Book
Congressperson Sherrod Brown (D-OH) is another Yale alumni (think Bush, Kerry, Porter Goss,& Bob Woodward) with a degree in Russian Studies who is currently running against... Read more
Published on June 4, 2006 by Robert A. Williams
Adam Smith and David Ricardo would oppose globalization
Brown,a Democrat and a liberal,has written a very good book on the severe deficiencies(for instance,the vast number of workers ,who obtain jobs in second and third world countries... Read more
Published on January 19, 2006 by Michael Emmett Brady
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