Abstract

The new protectionism
Hines, Colin | July 15, 1996 issue

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"Protectionism" has received an undeserved bad name of late, because of the steady barrage of propaganda leveled by transnational corporations. The author states that it is time to take back the term protectionism from corporations and restore it to the people. As working people all over the world have become acutely aware, the need to halt the lockstep march of globalization is urgent. The rapid replacement, of secure jobs by short-term contracts, part-time or lower-paid work or technological unemployment sharply accelerates a spreading sense of insecurity, while lowering overall effective purchasing power, a prescription for eventual global economic disaster.

See Also:

PROTECTIONISM; INTERNATIONAL business enterprises; EMPLOYEES; GLOBALIZATION; TECHNOLOGICAL unemployment; WAGES; PURCHASING power
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