Karen Elliot Jr.

Recently, the rulers of the Western Hemisphere met in Miami to continue negotiations on the Free Trade Area of the Americas (FTAA) treaty, another blatant power grab by the corporate oligarchy. At the summit, Nov. 17–21, trade ministers signed a watered-down compromise that again blunted US plans for hemispheric domination. This version, dubbed FTAA Lite by critics, allows nations to opt out of provisions they don’t care for, or in the case of Bolivia, Ecuador, and Venezuela, provisions that the outraged citizenry won’t stand for. With the collapse of the WTO talks in Cancun, the North American elite desperately needed to keep the FTAA alive, even if in a compromised form. As might have been expected, this conciliatory agreement has been spun as a victory by both negotiators and resisters alike.

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