NAFTA and its destruction of working class America December 9, 2021 bern4us_hbvdyp chrony capitalism, crony capitalism, Political Ideology 0 Local Economic and Political Effects of Trade Deals: Evidence from NAFTA Jiwon Choi, Ilyana Kuziemko, Ebonya L. Washington & Gavin Wright Why have white, less educated voters left the Democratic Party over the past few decades? Scholars have proposed ethnocentrism, social issues and deindustrialization as potential answers. We highlight the role played by the 1994 North American Free Trade Agreement (NAFTA). In event-study analysis, we demonstrate that counties whose 1990 employment depended on industries vulnerable to NAFTA suffered large and persistent employment losses relative to other counties…………. Share Share this:FacebookX Related corporate fascismcrony capitalismincome inequalityJobs and EconomyUnionization
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