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Reply #15: There are problems with WTO [View All]

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Nikia Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Sep-14-03 08:10 PM
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15. There are problems with WTO
Bascially, WTO rules tend to favor larget international corporations. They often limit a nation state from making laws that regulate business. These are bad things. We should not assume that foreign investment is always good. Hundreds of years ago, this used to be called Colonialism. Ideally, developing countries in hospitable environments would grow food crops to adequately feed their population, grow exportable crops, and develop their own industry. Why should we think that citizens of developing countries are unable to this on their own on their terms? If the majority of workers are forced to work long hours by large international corporations just to avoid starvation, how is this helping them?
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