Join the Socialist Party Join us today!

Printable version Printable version

Facebook   Twitter

Link to this page: http://www.socialistparty.org.uk/issue/358/5897

From The Socialist newspaper, 7 August 2004

WTO - The Enemy Of The Poor

LAST WEEK the World Trade Organisation (WTO), one of the pillars of the world capitalist 'order', met in Geneva. World trade is dominated by a few hundred greedy multinationals who also control the WTO.

Capitalist politicians were patently relieved that anything was decided. Failure to agree could have practically wrecked the 'Doha round' of talks on increasing trade. Serious disagreements at the WTO's Cancún meeting last year showed up the gap between rich and poor globally and threatened to return the world to beggar-my-neighbour regionalist economic policies.

WTO spokespeople told us that rich and poor countries had reached an agreement to 'open the markets'. This, they claimed, would stop rich nations like the US and European Union (EU) countries spending billions subsidising agriculture and stop rich countries dumping subsidised crops on global markets, forcing prices down for unsubsidised third-world farmers.

This is, at best, wishful thinking. The US and EU promised deep cuts in farm support but Bush in particular had recently increased these subsidies.

Meanwhile, the rich capitalist countries impose free-market 'structural adjustment policies' - reduced living standards, privatisation and of course no subsidies - on the neo-colonial world. These policies "opened up" the poorest countries to the agricultural imports and manufactured goods of the richest countries.

But the WTO set no timetable for the West's subsidy cuts and there are no cast-iron commitments. An agreement to stop US farmers flooding the world market with cheaper cotton and ruining unsubsidised African farmers was not legally binding. And would Bush want to antagonise US cotton interests - especially in election year?

The WTO may have avoided imploding at Geneva but its free trade ideology could easily be threatened as increased economic problems make each country, each region, each bloc defend their own economic interests even more blatantly.

It will become clearer that the real enemy of the poor of the world is the system of capitalism where profit rules and where the greed of bankers and capitalists wins out over the needs of the world's people.

 

 

Why not click here to join the Socialist Party, or click here to donate to the Socialist Party.


In The Socialist 7 August 2004:

Wealth Gap Widens Under Blair

'We Need Workers' Rights'

Civil Servants On Strike


International features

WTO - The Enemy Of The Poor

Building A Party Of World Socialism

Teamster Rebellion

Genocidal Horror In Sudan


Socialist Party news and analysis

Throw Out Agenda For Change Now!

Respect Wins First Councillor

New Labour Wrecks Firefighters' Pay Deal

South Yorkshire First Bus Drivers On The Road To Victory


 

Home   |   The Socialist 7 August 2004   |   Join the Socialist Party

Subscribe   |   Donate  




Related links:

Rich:

triangleCan you donate to the Socialism 2017 appeal?

triangleYoung people being strangled by debts

triangleTories torn - bin them now

triangleWhole establishment exposed for role in Grenfell fire

triangleThe Socialist inbox

US:

triangleObesity epidemic: end food market anarchy

triangleSwansea Socialist Party: Mother Jones - A US labour pioneer

triangleJoin the Orgreave Halloween rally

Capitalist:

triangleRussia, October 1917: When workers took power

triangleThe fight against racial discrimination is tied to fighting against capitalist austerity

Farmers:

triangleWhat would a socialist food industry look like?

Reports and campaigns

Reports and campaigns

19/10/17

North West

Arriva North West bus drivers strike over pay

18/10/17

Democratic rights

Conference on state spies: who's watching who?

18/10/17

Leeds

Striking back against sackers' charter at Leeds Uni

18/10/17

Royal Mail

Royal Mail bosses block strike - back postal workers

18/10/17

PCS

Balloting members on the pay cap

18/10/17

Art

'Dazzling' Bad Art show points to socialist future

18/10/17

Council

Sheffield Labour council threatens peaceful protesters with prison

18/10/17

South West Wales

Hundreds turn out for rally aimed at removing west Wales Tory MP

18/10/17

NHS

Uprising to save the NHS!

18/10/17

Socialism

Can you donate to the Socialism 2017 appeal?

18/10/17

East London

No cuts - hands off King George A&E!

18/10/17

North London

North London hospital workers fight cuts and job losses

18/10/17

BAE

Nationalise to save jobs at BAE Systems

18/10/17

Schools

Schools "can't go any further" - stop the cuts: set deficit budgets now

18/10/17

Swansea

Socialist Students 'welcome' Hillary Clinton to Swansea

triangleMore Reports and campaigns articles...


Join the Socialist Party
Subscribe to Socialist Party publications
Donate to the Socialist Party

triangle19 Oct Arriva North West bus drivers strike over pay

triangle18 Oct Russia, October 1917: When workers took power

triangle18 Oct Tories torn - bin them now

triangle18 Oct Royal Mail bosses block strike - back postal workers

triangle18 Oct Balloting members on the pay cap

triangle13 Oct The end of the Tories?

triangle11 Oct Nasty party imploding...drive out the Tories

More ...

triangle21 Oct Birmingham: NSSN Solidarity Forum

triangle23 Oct Chesterfield Socialist Party: The continuing struggle for abortion rights

triangle24 Oct Liverpool Socialist Party: The October Russian Revolution 100 years ago to the day

triangle25 Oct Salford Socialist Party: The October 1917 Russian revolution

More ...

Socialist Party Facebook page
Socialist Party on Twitter
Visit us on Youtube

Archive

Archives:

October 2017

September 2017

August 2017

July 2017

June 2017

May 2017

April 2017

March 2017

February 2017

January 2017

2016

2015

2014

2013

2012

2011

2010

2009

2008

2007

2006

2005

2004

2003

2002

2001

2000

1999

Legal

SP RSS feed RSS

Platform setting: = No platform choice

V2