We neo-liberals point out that NAFTA did not cause poor infrastructure, high crime, and official corruption. We thus implicitly suggest that Mexicans would be far wose off today without NAFTA and its effects weighing in on the positive side of the scale.Boy, if the pro-war people smarten up as quickly as the neoliberal-globalization people are, we'll only be in Iraq for another... fifteen years or so.
That neo-liberal story may be true. But it is an excuse. It may not be true. Having witnessed Mexico’s slow growth over the past 15 years, we can no longer repeat the old mantra that the neo-liberal road of NAFTA and associated reforms is clearly and obviously the right one.
Thursday, October 19, 2006
Neoliberal crackup watch
The slow, withering death of economic neoliberalism continues. Brad Delong, of all people, gives up on "NAFTA and associated reforms."