WTO rules without consent of the people
What year was this published ? This was our response to newspaper's article about the ".... WTO exists to promote order and discipline in global trade."
GLOBAL TRADE PRESENTS OBSTACLES FOR U.S. WORKERS----From Cleveland Plain Dealer, largest newspaper in Ohio USA, By Ray Tapajna _____________________________ _____________________________
In your Nov 17 editorial titled "A China deal at last," the writer says it is time to end the dangerous farce of excluding China from the World Trade Organization that exists to promote order and discipline in global trade.
The most dangerous farces is the blind acceptance of the WTO as the body to do it. It is like having the fox guard the chicken coop. Where does the WTO get its power? Who controls it? It is certainly not based on the vote of the workers who have little voice in the transactions.
Traditionally, trade was based on trading things that one nation did not have for thing another nation had. Today, the global economy is based on a massive dislocation of workers, The main commodity becomes the workers who are put on a world trading block to compete with 20-cent-an-hour and slave-labor workers.
Governments in a global economy become less sovereign and become like power brokers in a world of shiftign alliances. They can no longer fulfill promises of entitlements because when speculative investments becom divorced from production and labor, the financial world develops a logic of its own. Factory production can be moved from one locality to another without considering the soicioeconomic costs of the burn-out society left behind.
We have evidence of this today. Public and private employers have continued unprecedented dispossesion aimed at the heart of the typical American suburban Republican voter: middle-age, middle-class, college-educated men who are irrevlevant to the new world economy. (In the 1980s, the blue collar workers took the big hit. In the 1990s, the white collar workers got hit too.)
American workers cannot compete with people making only $10 to $45 a week. In the end, a burn-out society is the only thing left.________________________ ____________________________
(The letter was published in 1999-more than 15 years ago. Not much has changed. Today, the upper 20 percent remains untouched by all this but they should know that any job what so ever can be outsourced in a global economic arena. Also, the investment community needs the value of workers and labor to grown just like any investment. Otherwise, the whole system eventually collapses. How can something like the WTO reverse things as things are falling apart in one country after another. It comes down to this: You can not do business with someone who does not have money. )