CAFTA: Illusion and Reality

The United States, whose imperial plans are stumbling in the Middle East, has nevertheless scored a victory for economic hegemony in Central America and the Dominican Republic with the passage of the Central America Free Trade Agreement (CAFTA). Deborah James of Global Exchange reports that "it really has little to do with free trade, but much to do with transferring wealth and decision-making power from the public to the private sphere, to unaccountable elites known as multinational corporations." That is to say, that having literally destroyed several of the involved countries by funding guerrilla units throughout the 1980s, the United States is now tuning to imperialism, 21st century style - simply removing control of economic policy from the public sphere.