The country's diamond trade has created a brutal civil war.
"Free trade has created jobs, and has also cost jobs, but the jobs gained get buried under the publicity given to the jobs lost".
But their words resonate with many voters, because they articulate an important truth: free trade has created major winners and major losers in the U.S. economy, and the losers mostly blue-collar workers—have received little or no help.
Globalisation of trade has created the potential for great new wealth but in many ways we have gone back to the dark days of the 18th and 19th centuries and the early industrial revolution – before workers were organised, and before laws were introduced to curb the excesses of the free market so that its contribution to overall affluence would not be undermined by squalor and suffering.
Globalization's cheerleaders claim unfettered free trade has created astronomical income growth.
Sure, trade has created some high-paying jobs--I'm guessing in the banking and financial services sector at the very high end.
Paradoxically, the reasons Mr. Wong states for supporting free trade have created the hardships faced by his mother -- factory closings, depressed wages and worsening conditions.
In the year since the "battle of Seattle," businesses engaged in international trade have created thousands of new and better-paying jobs, contracted with thousands of local vendors, and brought higher environmental and labor standards to their host countries.
"Our country's challenges didn't begin with the Great Recession, and they won't end with the recovery," she said, continuing, Advances in technology and the rise of global trade have created whole new areas of economic activity and opened new markets for our exports, but they have also displaced jobs and undercut wages for millions of Americans.
In 2002, the chief of the F.B.I.'s Crimes Against Children Unit told the House Subcommittee on Crime, Terrorism, and Homeland Security that the online pornography trade had created a "vast network of like-minded people, who believe it is acceptable to engage in sexual fantasies about children, thus lowering their inhibitions... and increasing the likelihood that they will actually molest children".
