[lbo-talk] US loses cotton subsidies fight

dredmond at efn.org dredmond at efn.org
Wed Oct 17 00:30:19 PDT 2007


On Tue, October 16, 2007 10:33 pm, J Cullen wrote:


> 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.

Sure, but my point would be that regulating trade by means of the WTO potentially gives the periphery more options than, say, policies cooked up directly by the US Empire. For one thing, you can play off one neoliberalism against another, as China is doing with admirable finesse.

-- DRR



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