8 October 2015, Truthdig, Why the U.S. Owns the Rise of Islamic State and the Syria Disaster. Pundits and politicians are already looking for a convenient explanation for the twin Middle East disasters of the rise of Islamic State and the humanitarian catastrophe in Syria. The genuine answer is politically unpalatable, because the primary cause of both calamities is U.S. war and covert operations in the Middle East, followed by the abdication of U.S. power and responsibility for Syria policy to Saudi Arabia and other Sunni allies. The emergence of a new state always involves a complex of factors. But over the past three decades, U.S. covert operations and war have entered repeatedly and powerfully into the chain of causality leading to Islamic State’s present position. The causal chain begins with the role of the U.S. in creating a mujahedeen force to fight the Soviets in Afghanistan in the 1980s. Osama bin Laden was a key facilitator in training that force in Afghanistan. Without that reckless U.S. policy, the blowback of the later creation of al-Qaida would very likely not have occurred. But it was the U.S. invasion and occupation of Iraq that made al-Qaida a significant political-military force for the first time. The war drew Islamists to Iraq from all over the Middle East, and their war of terrorism against Iraqi Shiites was a precursor to the sectarian wars to follow. Read More here
Category Archives: Equity & Social justice
7 October 2015, The Conversation, Oh no, we forgot about China – the flaw at the centre of the TPP. Like many trade policy initiatives, the newly finalised 12-nation Trans-Pacific Partnership (TPP) is motivated by a desire to help domestic exporters get better foreign market access. The key idea is one of mutual concessions – in exchange for foreign market access we give up some of our own subsidies or protection. Despite the headlines, however, the TPP agreement has little to do with the economic argument for free trade. This is because the economic gains from trade trade don’t come from exporting more, or from preferential market access. They have nothing to do with mutual concessions. Rather the gains from trade are derived from being able to import at lower prices. This means that costs of trade barriers are incurred by consumers in the country that imposes the trade barriers. Consequently the benefits of free trade can be mostly gained by removing one’s own trade barriers. This is the approach the Australia took toward trade policy when it unilaterally reduced tariffs throughout the 1980s and 1990s. This generated economic gains to Australians and didn’t require armies of lawyers and bureaucrats to manage the preferential access as rules of origin or tariff schedules. When one thinks about the costs of trade barriers and the benefits of trade liberalisation in these terms, it is easy to see major flaws in the TPP as an economic policy. Firstly because tariff barriers are all already very low between the member countries, any economic gains that might be realised by mutual concessions are likely to be exceedingly small. Reasonable estimates come up with numbers like one tenth of a percent of GDP. This, as the Nobel Laureate and economist Paul Krugman notes, is hardly world-shaking. Second, the TPP is an international club with exclusive benefits for members. Like any selective club, it’s not so much about who you let in, but who you keep out – like China. Read More here
6 October 2015, The Conversation, Winners and losers in the Trans-Pacific trade deal: experts respond. Australia is among 12 nations signing the historic Pacific rim trade and investment pact, the Trans-Pacific Partnership. The agreement, eight years in the making, is one of the largest free-trade agreements in history, encompassing countries that represent 40% of the global economy. We’ve asked our experts to explain some of the winners and losers. Read More here
5 October 2015, Truthdig, Here’s Why the Trans-Pacific Partnership Agreement Is Just Plain Wrong. Republicans who now run Congress say they want to cooperate with President Obama, and point to the administration’s Trans-Pacific Partnership, or TPP, as the model. The only problem is the TPP would be a disaster. If you haven’t heard much about the TPP, that’s part of the problem right there. It would be the largest trade deal in history — involving countries stretching from Chile to Japan, representing 792 million people and accounting for 40 percent of the world economy – yet it’s been devised in secret. Lobbyists from America’s biggest corporations and Wall Street’s biggest banks have been involved but not the American public. That’s a recipe for fatter profits and bigger paychecks at the top, but not a good deal for most of us, or even for most of the rest of the world. Read More here