Free trade a system that reroutes funding to corporate profit

By Lethbridge Herald on January 20, 2022.

Editor:

We often hear criticism of the UCP and Jason Kenney for incompetence; but it might be more useful to inform ourselves of the origins of their belief system. 

The “free” trade agenda was a failure on its first introduction in British policy 1830s to 1920. The newer edition is as equally incompetent as the original. 

The “modern” version promoted by the U.S. financial Ponzi schemers is just as socially disruptive. One needs only look closely at how it is developing in the United States today. 

Many politicians and economic theorists shortchange the public with endless catchphrases that do nothing to explain the practical application of “free” trade, neoliberalism, and what it means to us. 

Mr. Kenney wasted his formative years in the U.S. absorbing the fatuities of this theory of trade and social disruption.

 He believes in destroying our social programs for the benefit of rich corporate gains-players. (Those greed-driven individuals who see no benefit to anyone but themselves.) Greed is the major motivation for ignoring the cost to the majority in our western democracies. Many studies have demonstrated those social losses since the 1970s in Britain, Mexico, New Zealand, and especially the U.S. where community and family dislocation is evident everywhere in TV, film and actual city life. 

“Free” trade neoliberalism is a system that reroutes funding from personal health, social services and financial regulations in our societies to corporate shareholder profit. 

John Gray, a professor at the London School of Economics, has documented in several of his books like “False Dawn” and “Straw Dogs”, the “free” trade failures since 1970s. Neoliberal propaganda is hustled by electronic media pundits without clear definition. 

The educational failure of TV, film and the Internet is demonstrated by a public addicted to entertainment, convenience and brainwashed by gurus and fast talkers, holding responsibility to nothing, least of all to truth.

Don Ryane

Lethbridge