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Global Rulemakers
The Undemocratic Institutions of
the Global Economy
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The World Trade Organization
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| Established in 1995, the WTO is a powerful international body
that develops and enforces rules for trade and investment. A global
economy is being created where corporations have all the rights,
governments have all the obligations, and democracy is left behind. |
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The World Bank & IMF
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| Through loans, often to unelected governments, and "structural
adjustment" policies, these institutions have kept most nations of the
global south in poverty. Their policies ensure open market access for
corporations while cutting social spending on programs such as
education, health care and production credits for poor farmers. |
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