Interesting comment. Thanks for the link. On Dec 16, 2015, at 2:49 PM, Charlie <[email protected]> wrote:
> Robert Naiman wrote: "Gimme that old time religion: anti-xenophobia > populism." > > Yes. The official labor advisory committee's report makes telling points > about globalization on the China and Vietnam fronts: > > The TPP will allow China to benefit without even joining. Its weak rules > of origin would apply to Chinese companies operating in any of the TPP > countries. For example, if Chinese intermediate parts are exported to > Malaysia for final assembly and export to the U.S., those parts can be > made out of compliance with TPP standards, but still receive TPP > benefits as part of the finished product. In the case of automobile > parts, Chinese exports made out of compliance with TPP standards can > even constitute more than a majority (55 percent) of the value of a > vehicle’s content. > > What the TPP will affect is the relative attractiveness of Vietnam, > which has wages one-third of China’s, as an alternative manufacturing > location for global corporations. The TPP may well result in downward > pressure on wages throughout the region, undermining the revival of U.S. > manufacturing and job growth as well as delaying the emergence of a > larger, more affluent Chinese middle class. As it stands, the TPP will > do little but make it easier for firms concerned about rising wages in > China to move jobs to Vietnam and enshrine corporate power over > regulatory policy. This is a model for increasing corporate profits, but > not for helping U.S. workers. > > From Report on the Impacts of the Trans-Pacific Partnership, pp. 53-54 > https://ustr.gov/sites/default/files/Labor-Advisory-Committee-for-Trade-Negotiations-and-Trade-Policy.pdf > The 19 committee members are presidents and high officials of U.S. trade > unions. > > _______________________________________________ > pen-l mailing list > [email protected] > https://lists.csuchico.edu/mailman/listinfo/pen-l _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
