International free trade agreements set constants of uneven value to domestic free market players. Like the Q value that determined the distribution of matter in the inflationary era of the Universe free trade agreements favor a coalescence of the business mater of trade advantage to concentrated transnational corporate wealth comprising the dominate core of star formation and economic galaxies. Local markets are marginalized as a factor in state determination of trade constants letting concentrated wealth emerge as giant black holes of the mass of millions of solar masses around which all economic mass orbits to its eventual doom.
Adam Smith was not an American. One should not take his work as a sort of economic gospel. George Washington and the founders did not write that corporations had rights and citizens individually few. The constitution could have been structured such that every corporation is endowed with inalienable rights to have 500 employees nor more or less, and that all corporations (or communes) shall be regarded equally-we know that the Founders and even Adam Smith thought about social rights in terms of individuals as opposed to concentrated power and wealth in any form. Neither believed that an absolute, existential corporate competition of consolidating power-a financial progression toward global corporatist, communism or oligarchic power was a goal of democracy or of union of citizens or states.
The marketplace was intended to represent the free and equal access and opportunity for citizens to conduct free enterprise without the empirical disadvantage of dominating corporate, communal or royal power. Democracy with political equality was the heart of the American Revolution. Political equality is destroyed by concentrated corporate wealth and power-especially trans-national corporate power. One may call the U.S.A. a democratic society still, yet it has transitioned steadily toward co-option as a corporatist entity ruled far more by the interests of trans-national corporations than of individual citizen interests.
Corporate power pre-empts political liberty at a real employee level when citizen free speech must be in subjugation to corporate policy approval in order to have a job. Obviously Americans no longer give a damn about political freedom from corporate control since corporate employees have become who Americans are. The democratic revolution that the Democratic NPR-Arab Hurricane Season economic baby Arabian Twittheads seek to import in effect was replaced years ago by a synthetic corporate android network lurking like Dengue fever mosquitoes in a global free trade agreement.
A democratic society should limit the size of corporations arbitrarily in order to conserve citizen political liberty, economic opportunity, competition and social equality. Propaganda runs against that obviously.
If free trade and free enterprise are to exist outside of networked corporate control then an import-export market should be limited to 30% of g.n.p. except for special case nations such as Iceland. National democracies should be encouraged to have renewable, low entropy ecologically rational economies. Individuals should be limited t owning shares of 3 corporations to prevent crass social ownership networking and an eventually stagnant society. Patents should be limited to a non-renewable period of ten years with a 1% royalty to the inventor by other producers thereafter for 100 years. The maximum number of employees in any corporation should be 5000 (in the U.S.A.) in order to stimulate competition. Free trade work best when the most people are economically free, independent producers not light years removed from the top of the economic ladder, not controlled by aloof and powerful financial networks, not repressed by Wall Street first cousin C.E.O.s that own every business in every town except for a few dependent service companies.
Free trade agreements passed by the congress primarily benefits concentrated wealth in corporate form statistically most able to exploit cheap foreign labor and natural resources creating an unfair domestic advantage. Free trade agreements create very unfair trade for U.S. individuals that must compete against trans-nationally advantaged publicly listed prosperous corporations. How many small local businesses bit the dust as Wall Mart expanded in the U.S.A.?
The American democracy was a social union response to oppress concentrations of power and wealth. The Union victory over southern slave oligarchs in 1865 was an affirmation of national union power. Giving up political sovereignty except as corporate sycophancy is a response to the failure of U.S. political leadership to comprehend what democracy is in the United States historically, and of the economic parameters required to prevent concentrations of wealth and power through social organization that oppress individuals as basic economic equals, make equal legal rights nominal rather than actual, reduces legal sovereignty conditionally to ‘pragmatic’ elite review, and the need to limit the economic power of social and business organizations to preserve democracy.
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