A new lens for US trade relations

by frog

Pundits are about the call the election for Barack Obama by the looks of it.  For the planet this is probably a good thing, with Obama having a  better platform on climate change, environmental standards and peace.

The big story for little Aotearoa, is what this means for trade.  And Obama has been equivocal.  But occasionally he says things that can give us hope that for the first time in a generation at least US trade policy will be based on ethics rather than either protectionism or exploitation of other countries:

“It is absolutely critical that we engage in trade, but it has to be viewed not just through the lens of Wall Street, but also Main Street, which means we’ve got strong labor standards and strong environmental standards and safety standards, so we don’t have toys being shipped in the US with lead paint on them. There are also opportunities in our economy around creating a green economy. We send $1 billion to foreign countries every day because of our addiction to foreign oil. For us to move rapidly to cap greenhouse gases, generate billions of dollars that we can reinvest in solar and wind and biodiesel that can put people back to work.”

That sounds like the framework for the type of international trade that the Greens could work with, rather than the current model that promotes unsustainable growth, destruction of local diversity and self sufficiency and a race to the bottom on labour and environmental standards.

frog says

Published in Economy, Work, & Welfare by frog on Wed, November 5th, 2008   

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