From GATT to the WTO – The Secret Side of Free Trade
…and the founding of the The International Forum on Globalization
How the rules of the GATT, the General Agreement on Tariffs and Trade, were re-written and how, in 1995, the GATT became the WTO. The World Trade Organization enforces the rules of globalized trade and is the most powerful organization that hardly anybody heard of – to this day. The WTO can override a member country’s governments, laws and regulations if they are deemed a barrier to trade.
Against the background of the war in Ukraine, the collapse of the climate and todays extraordinary power of corporations, some business consultants are now warning that we are heading into an era of “de-globalization” with guaranteed disorder and scarcity. They say that global [ . . . ]
Podcast: Play in new window | Download (Duration: 29:00 — 39.8MB)
