Free Trade and the Global Economy

"The President may, at his discretion, sacrifice a part or all of any American industry, if he believes that his foreign policy would be furthered thereby." -- John Foster Dulles, in testimony before the Senate Finance Committee in 1955, quoted in the Congressional Record--Senate, 1958, page 3005.

"The free-trade movement is not a separate enttity. It is related in this country to the opposition to immigration regulations, and both by adoption and devolution are parts of the world government movement." -- Mr. Tompkins, quoted in the Congressional Record--Senate, 1958, page 2560.

"... the international socialism plan calls for---

  • (a) Reduction of all barriers to the flow of international trade.
  • (b) Access to raw materials of all sorts for all nations.
  • (c) Access to markets for all nations.
  • (d) A world organization through which the nations can share freely in the supplies and the markets of the world." -- Sen. George Malone, Congressional Record--Senate, 1958, page 2560.
  • "... there can be only one result and only one final solution if these objectives are allowed to obtain, and that is, of course, the leveling of the living standards of the United States of America with the sweatshop-labor nations of the world." -- Sen. George Malone, Congressional Record--Senate, 1958, page 2560.

    For 45 years a succession of presidents, beginning with Harry Truman, have consciously subordinated domestic economic interests to foreign policy objectives. ... This strategy produced some impressive foreign policy victories, but also much domestic dislocation. ... Freer trade has its costs. The record suggests that for diplomatic and national security reasons the U.S. government sacrificed thousands of domestic jobs to create employment and prosperity elsewhere in the noncommunist world. Bowing to external pressures and foreign policy concerns, presidents from Truman to Reagan refused to grant import relief to trade-sensitive industries in the interests of winning the Cold War. In doing so they may have compromised America's future competitiveness and alienated public support for international cooperation in the post-Cold War world. -- Alfred E. Eckes, Foreign Affairs, Fall 1992, pp. 135-136

    Global Economy in the Age of Science-Based Knowledge "This book ... described current trends of transition from Taylor's industrial capitalism to Stalin's centrally planned system and of workplace democracy." -- United Nations 1995/96 Publications Catalog, page 108.

    The global economy is the end result of decades of effort to establish international organizations (like the World Trade Organization under GATT) for the purpose of achieving world government. It is not spontaneous, and is not intended to promote freedom or improved living standards in the United States of America or in any other country. On the contrary, it is a means of eliminating the middle class and achieving world socialist tyranny.

    So-called free trade in a highly regulated world economic system is the means to bring the majority of the people in all nations into slavery by promoting ever-increasing competition with decreasing compensation in a world system with a large, artificially created labor surplus. It is a race to the bottom, which will reduce the masses of the people everywhere to abject poverty for the benefit of the "greedy one-worlders for a profit."

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