NAFTA's Long Shadow
Description
When it was ratified more than 30 years ago, the North American Free Trade Agreement was hailed as a decision "that will permit us to create an economic order in the world that will promote more growth, more equality, better preservation of the environment, and a greater possibility of world peace," according to President Bill Clinton. Today, NAFTA is toxic, and populist anger at the multilateral free trade regime of the post-Cold War era is redefining global politics. In this episode, Dan Kaufman, a contributing writer for the New York Times Magazine, tells us how NAFTA destroyed the working class in his home state of Wisconsin, specifically in Milwaukee, once the "machine shop of the world."
Further reading:
How NAFTA Broke American Politics by Dan Kaufman
Further listening:
The Economy, Stupid with historian Nelson Lichtenstein