[lbo-talk] US loses cotton subsidies fight

[J Cullen]

The problem is that multinational corporations can use the WTO 
tribunals to overturn national laws and regulations that are ruled 
barriers to international trade, such as labor and environmental laws.


>On Tue, October 16, 2007 8:02 am, Wojtek Sokolowski wrote:
>
>>  Now, remind me, why do the lefties hate WTO?
>
>We don't. The one country, one vote structure of the WTO does give a bit
>of agency to the nations of the periphery, though the minutiae of trade
>deals is often highly toxic. That said, free and fair trade, a.k.a. equal
>exchange, is powerfully utopian. As a planet, we need more swapping and
>fairer swapping, not less.
>
>-- DRR
>
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