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" "Like chewing gum or hair gel, water [according to the World Bank and IMF] is to be sold by the private sector at market rates. The needs of the people are all that's left out of this equation.... [A] World Bank document cites the "willingness to pay" on the part of the people in Ghana as evidence of their recognition of the "health benefits" of drinkable water. It's amazing, isn't it, how people are "willing" to pay huge amounts for things that they need in order to survive!
Linda Joy McQuaig (born 1951) is a Canadian journalist, columnist, non-fiction author and social critic.
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One of the striking aspects of the new trade deals is that while they have invested corporations with a new set of rights, they have attached no responsibilities to those rights. Notice how the lawsuits all go in one direction - corporations sue governments for infringing their corporate profit-making rights. A government can't sue a corporation for infringing the rights of its citizens by, say, polluting local drinking water.
Under the market system, there is demand for a product if a lot of people want it - but that demand counts for nothing if those people have no money. If they lack money, their demand essentially doesn't exist...This explains why the drug industry is not investing money to develop a cure for a disease known as sleeping sickness, which leaves its victims in a coma. The disease...killed 66,000 people last year and threatens to infect 60 million more - but the only people who are afflicted by it are poverty-stricken Africans with no clout in the marketplace. Interestingly, there is a drug called eflornithine that is effective in lifting victims out of their comas. But drug companies stopped producing eflornithine in 1995 because it was no longer profitable to continue. The drug was still desperately needed, but only by people without money. So, following modern market practices, these people were simply left in a coma.
The public-choice theorists would have us believe that nobody ever gets involved in governments or the political arena out of a desire to accomplish public [goals[]].... Needless to say, the notion that citizens would voluntarily band together to fight injustice and poverty in faraway parts of the world is incomprehensible to this kind of thinking. This perhaps explains the frequent attempt to dismiss those in the anti-globalization movement as nothing more than a group of self-seeking opportunists - as if there is some kind of money to be made in championing debt elimination for the Third World.