The WTO and the global slave

Ten years ago, on 11 December 2001, China became a member of the World Trade Organization (WTO). From that point onwards the word “globalisation” has been a harsh reality for everyone. The WTO is the umpteenth organisation over which the citizen has no control, but which decides his future. A handful of bureaucrats, with the collaboration of lobbies and multinationals, dictate the rules of world commerce. Its Director-General is Pascal Lamy, an illustrious unknown person for most people. Who elected him? A medium sized business in Vicenza or in Forlì could close down because of one of his decisions. The WTO includes 153 States, for the others there’s nothing else but an embargo. The WTO was created to favour the free circulation of goods and services, but in fact it has favoured the free circulation of investment capital. The multinationals have shifted production to where it costs less. In countries where the term “trade union” is not even in the vocabulary, where there are no rules against pollution of the environment by factories, where dignified wages and protection of the workers are a chimera, but where there’s a supply of labour at low and very low cost. Even child labour if you want. International competition can happen where there are the same rules and rights for the workers, otherwise it becomes a hunting reserve for unscrupulous entrepreneurs. How can you compete against those who have no rights? To think that is madness or is just a way of pulling our leg. Sack people in your home country, continue production at a few euro with new slaves and then go into the TV studios and explain the economy. What a marvellous and shitty world the WTO has created! Those with capital have in one go got two results: controlling wages and demands from the workers for a better life and increasing their own profits. It’s the continuation in another form of the slave ships that transported the free forced labour to the cotton plantations. From the creation of the WTO in 1995, production has shifted where capital gets the best return, and it gets the best return where the human conditions are the worst. Meanwhile in the countries that have lost tens of thousands of companies and millions of jobs because of globalisation, like Italy, unemployment has exploded (what a surprise!). Basically capital has been globalised and losses and unemployment have been nationalised. In the future, unless we stop this trend, the creation of the global slave will become a reality. Eat, produce, die!
![]() | Silenzio si ruba {Silence, there’s thieving}, by Marco Travaglio. |
Posted by Beppe Grillo at 07:26 PM in Economics
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(3) | Comments in Italian (translated)
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Comments
The globalists have told us their plans- equalization of living standards to facilitate global unification. Should we be surprised to see it in action? I applaud your efforts to educate the populace. That appears to be our only hope. The one thing the elites did not count on was the internet allowing individuals to bypass the traditional controlled sources of information.
Posted by: Soren Blackwell | December 12, 2011 03:18 PM
Look at Argentina (where common market was refused to the US) and Iceland for examples as how to possibly do. However, with the Zwerg behind the curtains, the Vatican orchestrating the government, and the general chef doing nothing useful, it seems that slavery or low level emigration is what is left to the Italian new generation. I said low-level because the Italian scientific university was already in a depressed condition; with the new budgetary restrictions any graduate in Germany, France, Netherlands, and Austria will outperform the Italian graduate in science. Italy will only produce lawyers and economists. The Suedtirolers only are saved, having access to Austrian universities as if they were Austrian citizens. Italy is very close to insolvency while Italians have enough black money and yellow, shiny gold in foreign banks to amply cover the debt. Push Mr Monti away and oblige Switzerland and others to give the money (and gold) back. No other chance. Cheers, Franz
Posted by: Franza | December 12, 2011 09:16 AM
The simple fact is that multinational corporations and financial organisations ie banks, on the world's stock markets have been allowed to take far too much of the nation's wealth. They rake in money, pay their directors and shareholders too much and avoid paying tax thanks to their close ties with politicians who grant them tax favours so they can shift their wealth to tax havens. In good times it is immoral in times of crisis it is both immoral and unacceptable. The hundreds of thousands of small businesses and trades who create jobs are paying for their errors. The austerity measures needed to pay for the catastrophic decisions of the privileged elite in the banking and corporate world do not apply to them. So far. If we cannot work out a solution to the crisis it is purely down to the greed and selfishness of the privileged elite who do not want to part with any of their accumulated wealth. But they have to if we are to avoid both economical disaster and social unrest.
Posted by: peter fieldman | December 11, 2011 08:45 PM