Global Rulemakers
The Undemocratic Institutions of
the Global Economy
the Global Economy
 |
The World Trade Organization
 |
| 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. | |
 | |
|
The World Bank & IMF
|
| 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. | |
|
