Reply #60: Will anyone admit that it makes no sense to allow capital to freely cross [View All]

[AP]

borders without letting labor freely cross borders to compete for the highest wages?

It's so wrong for capital to be able to go where it wants, but to force captive labor markets into subservience.

The history of the world is basically the history of labor crossing borders freely to maximize their economic potential which consequently makes economies progress and grow faster than they would otherwise. The EU understands this. NAFTA has a different project. Nafta is about driving down wages in the US and holding down wages abroad. That is incredibly bad and is basically the way feudalism and monarchies worked and it is why they failed. It's a great way to ruin an economy (as we're learning today in America).