Profit Over People: on Free Trade


WTO is just another tool for US intervention abroad

    Control over food supplies by foreign corporate giants is well underway, and with the WTO agreement on telecommunications signed and delivered, financial services are next in line. Summarizing, the expected consequences of the victory for “American values” at the WTO are:
  1. A “new tool” for far-reaching US intervention into the internal affairs of others;
  2. The takeover of a crucial sector of foreign economies by US-based corporations;
  3. Benefits for business sectors and the wealthy;
  4. Shifting of costs to the general population;
  5. New and potentially powerful weapons against the threat of democracy [i.e., people over the elites].
In short, the world that the US seeks through international institutions is one based on the rule of force. No problem arises when communications, finance, and food supplies are taken over by foreign (mainly US) corporations. Matters are different, however, when trade agreements and international law interfere with the projects of the powerful.
Source: Profit Over People, by Noam Chomsky, p. 71-75 Mar 1, 1997

  • The above quotations are from Profit Over People: Neoliberalism & Global Order, by Noam Chomsky.
  • Click here for definitions & background information on Free Trade.
  • Click here for other issues (main summary page).
  • Click here for more quotes by Noam Chomsky on Free Trade.
2016 Presidential contenders on Free Trade:
  Republicans:
Gov.Jeb Bush(FL)
Dr.Ben Carson(MD)
Gov.Chris Christie(NJ)
Sen.Ted Cruz(TX)
Carly Fiorina(CA)
Gov.Jim Gilmore(VA)
Sen.Lindsey Graham(SC)
Gov.Mike Huckabee(AR)
Gov.Bobby Jindal(LA)
Gov.John Kasich(OH)
Gov.Sarah Palin(AK)
Gov.George Pataki(NY)
Sen.Rand Paul(KY)
Gov.Rick Perry(TX)
Sen.Rob Portman(OH)
Sen.Marco Rubio(FL)
Sen.Rick Santorum(PA)
Donald Trump(NY)
Gov.Scott Walker(WI)
Democrats:
Gov.Lincoln Chafee(RI)
Secy.Hillary Clinton(NY)
V.P.Joe Biden(DE)
Gov.Martin O`Malley(MD)
Sen.Bernie Sanders(VT)
Sen.Elizabeth Warren(MA)
Sen.Jim Webb(VA)

2016 Third Party Candidates:
Gov.Gary Johnson(L-NM)
Roseanne Barr(PF-HI)
Robert Steele(L-NY)
Dr.Jill Stein(G,MA)
Please consider a donation to OnTheIssues.org!
Click for details -- or send donations to:
1770 Mass Ave. #630, Cambridge MA 02140
E-mail: submit@OnTheIssues.org
(We rely on your support!)

Page last updated: Feb 21, 2019