Check out a few links about CAFTA: 1 2 3 4 5.
Disgusting. My take? Globalization in its most ruthless form is going to be seen in the next few years in each of the countries affected by CAFTA. Then there’s going to be a long track record of failure for the theories of globalization, from NAFTA and Mexico, to WTO effects on Jamaica, to CAFTA in Central America and Dominican Republic. And then what are we all going to say? We’re still supporting these theories on “faith”? Or will we wake up and smell the coffee, and realize that “globalization,” the way it is sold now by politicians and even theoreticians, is nothing more than “handing public capital over to corporations, basically for free”.
Or, perhaps more pointedly: restoring the world order of imperial powers and their subjugated colonies.
My only fear is that by the time we realize this, globalization will have so evolved that the “imperial powers” won’t be rich governments, but rich transnationals, and the subjugated colonies won’t be third-world countries, but all countries and all people who don’t have major stakes in the ruling corporations.