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Trading Away Our Jobs: How "free trade" threatens employment around the world.

The world is facing an economic crisis on a scale unseen since the Great Depression. Hundreds of millions of people stand to lose their jobs and their livelihoods as a result of the current recession, adding to the hundreds of millions who have already lost their livelihoods to the "free market" model of globalisation. Yet still politicians continue to proclaim their faith in the principles of "free trade" as the means to pull the global economy out of recession and create employment opportunities for the future. --- This report examines the empirical evidence of the impact of "free trade agreements" on jobs. Using studies and statistics collated here for the first time, the report shows how past trade "liberalisations" caused huge job losses in both Africa and Latin America, the two continents that bore the brunt of early experiments in "structural adjustment" and other "free trade" policies. Findings from those experiments reveal a pattern of deindustrialisation, job losses and falling wages whose impact continues to be felt to this day, condemning whole generations to unemployment and poverty and stifling hopes for sustainable development. (Note: This report was written in the UK but also applies to the US which along with the UK is likely next in line for massive "structural adjustment") Working people and the non-wealthy are invariably expected to pay the full price. Direct PDF URL: https://waronwant.org/sites/default/files/Trading%20Away%20Our%20Jobs.pdf