Southeast Regional Economic Justice Network
Key Features of Economic Globalization (market driven) Policies
INTERNATIONAL
"Free Trade" - Investment
DOMESTIC
Neo Liberal Policies
MILITARY OPTION
National Security State
unrestricted flow of capital
structural adjustment/Reaganism - policies
eliminate restrictions on corporations
insure access to resources & markets
Free trade zones
European Economic Community -EEC,
NAFTA – No. Am. Free Trade Agreement
MERCOSUL - common market of the South
[ Argentina, Brazil, Paraguay and Uruguay]
FTAA – Free Trade Area of the Americas
Free trade Agreements
NAFTA
FTAA
US CAFTA-DR
Banking Institutions:
International Monetary Fund - IMF
World Bank
Regulating Institutions:
World Trade Organization - WTO
(corporations/government
United Nations (nations & ngo's)
Reduce government (services, social programs, ownership
and infrastructure)




Deregulation
Reduce taxes
Privatization (sell publicly owned property & services;
reduce government capacity)
Eliminate public decision-making (voter suppression,
et al)

Suppress human rights
Homeland security
Anti-terrorism
Militarize US/Mexico Border
War & occupation
Criminalize the victims
Undocumented immigrants
Gut civil rights law & affirmative action
Reduce cost of labor: reduce protest &worker
organization
 Bust unions
 Divide and conquer (including wedge issues)
 Restructure (fracture) work
 Restrict immigration
287g
deny drivers licenses
Welfare recipients
Drug policy & 3 strikes
Zero tolerance
OTHER FACTORS: Technology –the computerization of finance
Speculation
SOME DOWNSIDE Global migration
IMPACTS:
Super exploitation and exclusion of workers of color
Immense transfer of wealth (nations & individuals) from poor to rich,
Global warming & other environmental degradation
Pandemics
Collapsed economies
Genocide
Hunger/extreme poverty
Deeper racial disparities, etc …..
REJN, PO Box 240, Durham, NC 27702-0240; 919 403 4310; 919 403 4302 (f); www.rejn.org & www.striverejn.org; email: serejn@rejn.org