During the discussions yesterday at the WTO, they were discussing world-wide investment and competition. Currently the WTO does not cover this but potentially they will be. This is serious because suddenly we have body with which we have no process to argue or complain about, controlling huge elements of our national economies. The measures that they are intending to bring in will open the floodgates for any multi-national or international comapnies (good or bad) to have equal access to every market. Welcome to unbridled, unstoppable mega-corps. These are very big issues with consequences that stretch far beyond gingoistic calls for free trade. This is the start of the global government, and it is a global goverment to which we are not invited. And in response to the "this is what anti-trust laws are for" - antitrust laws are national laws. They are basically irrelevant in respect to multinationals. A thiron in the side perhaps, but no more. National solutions cannot fix multi-national problems. Potentially the WTO could, but it is on the side of the companies. Either way individuals lose.
Slashdot Mirror
grats .. you got there in the end
During the discussions yesterday at the WTO, they were discussing world-wide investment and competition. Currently the WTO does not cover this but potentially they will be. This is serious because suddenly we have body with which we have no process to argue or complain about, controlling huge elements of our national economies. The measures that they are intending to bring in will open the floodgates for any multi-national or international comapnies (good or bad) to have equal access to every market. Welcome to unbridled, unstoppable mega-corps. These are very big issues with consequences that stretch far beyond gingoistic calls for free trade. This is the start of the global government, and it is a global goverment to which we are not invited. And in response to the "this is what anti-trust laws are for" - antitrust laws are national laws. They are basically irrelevant in respect to multinationals. A thiron in the side perhaps, but no more. National solutions cannot fix multi-national problems. Potentially the WTO could, but it is on the side of the companies. Either way individuals lose.