An obvious example of my last sentence is the United States, we have just enough benefits, Social Security, Medicare, Minimum Wage, to keep the populace in check, but how long would "Free Traders" last if we go through what Argentina went though in the past decade?
People in the United States are quite tolerant of a lot of shit, we take a lot of it as it is now, especially in regards to Health Care. But the facade has been cracking for a long time, and while I don't fault the Democrats for trying to seal the cracks back up, we need to do that plus remake this whole "free trade" based economy. We will reach a point where our free trade agreements will conflict with our protections for workers, those few that exist, its already happening, in small forms, and has for decades. But what will we do if the WTO demands we get rid of the minimum wage because it conflicts with our free trade agreements? What about OSHA, will it be demolished to keep free trade going? Or the EPA? All that is possible, and at that point, assuming we are still a democracy, I see a new set of people sweeping into Congress and the White House who will pull us out of such agreements.
The thing that's interesting is this, those few nations that actually directly benefited from so called "Free Trade" actually used protectionism and other methods BEFORE they agreed to such agreements. Or they used their size to increase their bargaining power enough to protect some indigenous industries. Nations like China, India, Tawain, and South Korea are examples of that. Even their, they have free trade related problems, mostly in agriculture.
My concerns about Free Trade have almost nothing to do with sovereignty or nationalism, and everything to do with Human Rights. I have no problem with, let's say, buying a computer from an Indian company, or corn from a Mexican farmer, if they follow the same type of standards for worker's rights and other protections that are equal or exceed those that the United States follow. If the WTO is to continue existing then we need a WLO(World Labor Organization) to balance it out. If NAFTA is to continue existing, then we need to have the PEOPLE of the three nations in question run it, not our Corporations.
I go into more detail about NAFTA here, to be honest, I think it should be scrapped and replaced:
http://www.democraticunderground.com/discuss/duboard.php?az=view_all&address=364x1064574