Monoplists, Public Policy and Indigenous Rights

Submitted by Sina Brown-Davis via:Fourth World Eye » The World Trade Organization is essentially the world’s “chamber of commerce” sanctioned by states’ governments to regulate public policy. It is now quite commonly accepted in the assemblies of government that when public policies (health, education, economic, human rights, indigenous rights, etc) prevent profit or reduce profits for a corporation (read trans-state corporation) the policy is twisted to favor profit and reject benefits to the public. Big corporations often supported by BINGOs (big international non-governmental organizations) seek to maintain monopolies–rejecting and defeating free enterprise competition. Protecting monopolies has become the norm instead of the exception. Free enterprise competition is given lip service but little else.States’ governments fail to regulate corporations. (Since the US President Jimmy Carter Administration states’ governments led by the US have stripped themselves of all regulatory powers with the help of corporations.) Since the 2008 collapse of international financial institutions and the consequent breakdown of domestic economies few political leaders have strained to push for reregulation. For those trying their efforts have largely been obstructed by overwhelming corporate, political party brethren, ngos and public information media [owned by major corporations] opposition and propaganda.