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Author Topic: The workings of the WTO
VanLuke
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Babbler # 7039

posted 02 January 2006 04:57 PM      Profile for VanLuke     Send New Private Message      Edit/Delete Post  Reply With Quote 
An interesting article about the workings of the WTO

quote:
... The theory of the global economy seems quite simple. World trade helps fight poverty, because open borders and the dropping of tariffs benefit everyone. So world trade is a kind of game in which all nations can be the winners. This is the theory underlying the WTO. It is also the organization's religion, ...

The founding treaty of the organization itself is a tome of 27,000 pages. [Compare NAFTA!] Yet the rules that the Geneva-based body sends sailing out into the world shape our lives: They regulate labor markets, imports and exports, and they deal with agriculture, textiles, services and patents. They have an impact on our income and tax levels, and they determine which goods we may buy and how expensive they are. ...


Part 1
http://service.spiegel.de/cache/international/spiegel/0,1518,393149,00.html

Part 2

quote:
... "The goal is a non-discriminatory trade system in which all countries have the same rights. When we've achieved that, liberalization will happen automatically,"...

In other words never?

http://service.spiegel.de/cache/international/spiegel/0,1518,393149-2,00.html


From: Vancouver BC | Registered: Oct 2004  |  IP: Logged
DrConway
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Babbler # 490

posted 02 January 2006 09:36 PM      Profile for DrConway     Send New Private Message      Edit/Delete Post  Reply With Quote 
You know, isn't capitalism all about... less regulation? Why the hell does it take a 27,000 page document to deregulate world trade? (Since free trade is, essentially, unrestricted trade)

Irony. We wallow in it.


From: You shall not side with the great against the powerless. | Registered: May 2001  |  IP: Logged
VanLuke
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Babbler # 7039

posted 02 January 2006 11:04 PM      Profile for VanLuke     Send New Private Message      Edit/Delete Post  Reply With Quote 
quote:
Originally posted by DrConway:
Why the hell does it take a 27,000 page document to deregulate world trade?

To obfuscate?


From: Vancouver BC | Registered: Oct 2004  |  IP: Logged
Briguy
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posted 03 January 2006 08:50 AM      Profile for Briguy     Send New Private Message      Edit/Delete Post  Reply With Quote 
To protect the guilty.
From: No one is arguing that we should run the space program based on Physics 101. | Registered: Nov 2001  |  IP: Logged
thwap
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posted 03 January 2006 09:51 AM      Profile for thwap        Edit/Delete Post  Reply With Quote 
To keep in the loopholes that the rich countries need to perpetuate their domination of the system.

To include expansions of investors' rights that have nothing to do with free trade.


From: Hamilton | Registered: Feb 2004  |  IP: Logged
No Yards
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Babbler # 4169

posted 03 January 2006 10:34 AM      Profile for No Yards   Author's Homepage     Send New Private Message      Edit/Delete Post  Reply With Quote 
27,000 pages of laws protecting corporations from being sued by the people they are defrauding.
From: Defending traditional marriage since June 28, 2005 | Registered: Jun 2003  |  IP: Logged

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