GATT: Global Corporation
GATT is the General Agreement on Tariffs and Trade. The 100+ member Geneva-based organization sets international tariff and trade rules.The so-called Uruguay round of GATT was concluded in December 1994. GATT has a profound impact on the global economy. It provides the framework of an emerging economic order. Yet far more media attention is paid to Michael Jordan’s baseball career. One critic, for example, says GATT will turn the world into a free-fire zone for capital. Another warns that the ability of national governments to direct their own economies will be subordinated to the interests of transnational corporations. Virtually autonomous and unchecked, these planetary conglomerates command more and more power and influence. GATT also created the World Trade Organization, an institution which is designed to override national sovereignty in trade-related matters. The Clinton Administration is strongly pushing for congressional approval of GATT. A vote is expected in the coming months. This program also features Herman Starobin and John Cavanagh.
Ralph Nader has spent a lifetime fighting on behalf of ordinary people. He has run for president four times. Life magazine ranks him as one of the most influential Americans of the twentieth century. Founder of Public Citizen, he is a long-time advocate for consumer safety and workers’ rights. He rose to fame in the 1960s when he took on General Motors and its unsafe Corvair car. His book Unsafe at Any Speed not only created a sensation but was instrumental in the enactment of the Motor Vehicle Safety Act. His efforts helped create the Environmental Protection Agency. He has exposed the misdeeds of the corporate sector as well as of the political system. In recent years he has been in the forefront of the struggles around NAFTA, the WTO, corporate welfare and single payer health care.