Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-09-14-Speech-3-300-250"

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"The World Trade Organisation (WTO) is one of the most important instruments of capitalist globalisation, and it plays a pivotal role in the affirmation and imposition of one of its pillars: the deregulation and liberalisation of international trade to benefit the big business in the major powers, creating ‘new trading opportunities’ for them, as hinted at by the resolution. However, this also imposes competition between workforces, so making more labour available at a lower cost. The rhetoric of multilateralism, which is frequently used by advocates of the WTO, cannot hide the fact that this is not a democratic organisation, as it is unrepresentative and is actually contrary to the interests of the people. The fallacy of the ‘more equitable distribution’ of the benefits of globalisation that this organisation could provide collapses in the face of the obvious consequences of free trade: the destruction and relocation of productive activities and jobs, the attack on social and labour rights, and the degradation of the environment and natural resources. That is the Doha route, and we urgently need to backtrack from it, in the interests of the workers and peoples of Europe and the whole world. The ‘global system of economic governance’ referred to in the resolution is nothing more than the governance of capital, acting at global level to defend its own interests. Obviously, we voted against."@en1

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