by Gary C. Gibson

Created on: May 23, 2007   Last Updated: June 07, 2009

What is free trade? To John Locke and the revolutionaries of his day-and continuing to be expressed till Adam Smith, free trade was the deregulation from control by the monarchy of trading permissions. Paradoxically in the post-cold war era in which free trade banned by state authorities in order to give exclusive power to socialist government to permit and allocate trading rights has ended, the concentration of wealth by global corporations has formed another problem for fair trade. Free trade dominated by a minority of organizations known as corporations is hardly fair trade for the majority of the people or even for a nation. The false flag of free trade has allowed global corporatists the power to gut the American economic infrastructure and alter it into a consumer of made in China and Japan products. Americans were expected to borrow money from China and Japan to buy their products. Corporate dominated free trade became an unlimited license to plunder American savings and outsource jobs to China and other foreign nations to produce cheaper goods purchased by Americans who were losing wage competitively and building up debt to maximize globalist profits...national and ecologically it was an irrational and corrupt system installed by the Bushes and Clinton administrations.

The Obama administration ought to rectify free trade such that it is tailored to served the interests of the people of the United States instead of global corporations. Free trade should provide comparative advantages to the people of a nation instead of absolute advantages economically to global corporations. Free trade without a rational national criterion to benefit real people benefits no one except a few global pirates piling ziggurats of jewels. American patents and development of new industries from technology need to be designed such that jobs will last in America for 20 years after the start before they are outsourced. Only obsolete or mature industries such as cars should be outsourced, and simultaneously Americans should advance to newer and better products to replace the outsourced and soon imported mature products.

Free trade dominated by trans-national corporations support the encroachment of feudalist and authoritarian political powers over democracy. One of the complaints about U.S. foreign policy since Vietnam is that is has often sided with dictators over populist movements. The logic for that is that the Shahs and Somoza's have allowed in more free enterprise than

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