The Western Hemisphere Is in Play

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Economic growth could solve a host of problems in the region. That creates an opening for Washington, writes Eric Farnsworth.

The philosopher Jose Ortega y Gasset might have been describing the state of the Americas today when he wrote, presciently, we do not know what is happening to us, and that is precisely the thing that is happening to us. Technological transformation, massive migration, rampant crime, and sluggish economies are remaking politics as democratic guardrails are weakened.

It’s all a far cry from the rhetoric of shared values and common interests that once prevailed. Yet despite divergent directions, each of these nations want closer economic relations with the U.S., actively seeking investment and working to position themselves, at least superficially, as logical destinations for postpandemic nearshoring. They recognize that economic growth is critical to addressing their disparate difficulties, and without it, it will be impossible to do so.

Critics call this framing naïve. The world has changed, and China’s rise has fundamentally remade global markets. The challenge is real. Even during prosperous times, trade issues are fraught given varied impacts on politically motivated constituencies. Now, the topic is toxic, although some U.S. senators, including Bill Cassidy and Michael Bennet , are sponsoring the Americas Act, a bill to promote trade in the Western Hemisphere.

 

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