Argument: Free trade agreements often force countries to privatize public services

Support

• Adrian Boutureira. “The Hidden Costs of Free Trade”. The Boston Globe. November 5, 2007 – “As if that weren’t enough, there’s an unseemly underbelly to the proposed deal that could lock Peru into a privatized social security system similar to the proposal by President Bush that Democrats successfully fought off in the last Congress. The main beneficiary of the provision seems to be Citibank, the largest shareholder in ProFuturo AFP, a company authorized to compete against Peru’s national social security system.”