A continental progressive movement would build on its existing infrastructure in each nation--labor, environmentalists, human rights activists, progressive churches and populist legislators--and the fact that the majority of ordinary citizens in all three nations want a market system with social protections.
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Is This the Big One?
Jeff Faux: The blowback of housing deflation on our overleveraged financial markets has seriously constricted the flow of credit--the lifeblood of the world's largest debtor economy.
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Citi's Mexican Cronies
Jeff Faux: As megabanks seek a subprime bailout, take a lesson from Mexico. Taxpayers of the world, hold on to your wallets.
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Taming Global Capitalism Anew
Joseph E. Stiglitz, Thea Lee, Will Hutton, James K. Galbraith, Jeff Faux, Joel Rogers, Marcellus Andrews & Jane D'Arista: Taming global capitalism is the overriding challenge of our time. Joseph E. Stiglitz, Thea Lee, James K. Galbraith and others offer their ideas on how the United States can transform global capitalism by creating a new social contract.
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The Party of Davos
Jeff Faux: American business elites in Davos for the World Economic Forum are far more interested in global markets and corporate investors than they are in ordinary Americans' needs.
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NAFTA at 10
Jeff Faux: Where do we go from here?
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No Jobs=No Votes for Fox
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Beyond NAFTA: A Forum
A new continental agreement could include financial assistance from the United States and Canada to Mexico for building the economic and social infrastructure it needs for growth, just as the European community has redistributed funds to its poorest members in order to create a stronger and more balanced economy. Continentwide enforceable labor, human rights and environmental protections ought to be established to prevent the erosion of living standards in Canada and the United States, and to insure that Mexican workers share in the benefits of rising productivity. Provisions of NAFTA that erode the ability of the local public sectors in all three countries to promote the welfare of their citizens should be stricken.
Progressive legislators in all three countries could begin working out proposals covering issues such as corporate governance, public health and safety, and investment in education that could be simultaneously introduced in all three capitals. A continental labor organizing campaign against a single employer could have an electrifying effect--demonstrating that workers in Canada, Mexico and the United States have more in common with one another than with the CEOs who may share their formal nationality.
Creating a continental political consciousness does not mean forming one nation. Few are ready for that--particularly the majority of Mexicans and Canadians appalled by the US governing class's current imperial obsessions. But despite all the obvious difficulties, if progressives do not want to see a continental society built on NAFTA's reactionary template, they have little choice but to grasp hands across the borders and work together to build an economy that serves the continent's "ordinary" people.
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