The WTO exists to create a standard set of rules various countries trade goods on and protects a set of rules around foreign direct investment and the physical and intellectual property that acquires. It aims to reduce tariffs, but doesn't eliminate them like a free trade deal does.
No, if global socialism started tomorrow you probably wouldn't destroy these supply chains, but in a capitalist system this lack of redundancy hurts a nation's ability to reach full quality employment. But because the contemporary world order maintains big parts of the broader nation state institution, nation's can't really depend on one another and the workers cannot depend on their own countries.
Absolutely. Shit like arbitrage for the cheapest labor for packaging is garbage and having three or four stops for foodstuffs is killing the environment.
The WTO exists to create a standard set of rules various countries trade goods on and protects a set of rules around foreign direct investment and the physical and intellectual property that acquires. It aims to reduce tariffs, but doesn't eliminate them like a free trade deal does.
No, if global socialism started tomorrow you probably wouldn't destroy these supply chains, but in a capitalist system this lack of redundancy hurts a nation's ability to reach full quality employment. But because the contemporary world order maintains big parts of the broader nation state institution, nation's can't really depend on one another and the workers cannot depend on their own countries.
Absolutely. Shit like arbitrage for the cheapest labor for packaging is garbage and having three or four stops for foodstuffs is killing the environment.
Just found out about the WTO. that shit sucks
Yup, I wish I could realize as a small child living in nyc that 9/11 was really about saying fuck free trade.
Western chuds <~> the global left <~> islamist terrorist all agree on saying fuck free trade and the new world order.