The Trans-Pacific Partnership: What “Free Trade” Actually Means

Andrew Gavin Marshall

The Trans-Pacific Partnership: What “Free Trade” Actually Means

By: Andrew Gavin Marshall

The following is part 3 of a three-part exclusive series on the Trans-Pacific Partnership for Occupy.com

Part 1: The Trans-Pacific Partnership: This is What Corporate Governance Looks Like

Part 2: Why So Secretive? The Trans-Pacific Partnership as Global Corporate Coup

To discuss “free trade agreements” or the “free market,” we must first identify the theoretical versus the functional definitions of these terms – because theoretical definitions look at what those terms should mean, whereas functional definitions look at what the terms mean actually.

The theoretical definition of a “free market” is one in which every individual actor in the realm of exchange exists in a state of equality of opportunity; where all compete with one another to produce the best products at the cheapest prices for consumers, thus the most innovative and efficient producers succeed while others fail…

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