Aaron Dames writes for Divided Core.
As for the developed countries from which this corrupting ethos of progress goes out: more and more their “growthmania” distorts their environments and robs the world of its nonrenewable resources for no better end than to increase the output of ballistic missiles, electric hairdryers, and eight-track stereophonic tape recorders. But in the statistics of the economic index such mad waste measures out as “productivity,” and all looks rosy.
-E.F. Schumacher, Small is Beautiful
During the State of Union address last week, President Barack Obama insinuated that Congress should grant him Fast Track authority (trade promotion authority that cannot be blocked by Congress) to make real the embryonic Transatlantic Trade and Investment Partnership (TPP) without directly referring to this nascent legislative monstrosity by name. He promised that, unlike previous trade agreements (such as NAFTA), the TPP would lead to domestic job creation, boost worker protections, and help the United States maintain its economic lead over China. … Read the rest