Friday, January 23, 2009

A reason to oppose the WTO.


4- The WTO Would Privatize Essential Services

The WTO is seeking to privatize essential public services such as education, health care, energy and water. Privatization means the selling off of public assets - such as radio airwaves or schools - to private (usually foreign) corporations, to run for profit rather than the public good. The WTO's General Agreement on Trade in Services, or GATS, includes a list of about 160 threatened services including elder and child care, sewage, garbage, park maintenance, telecommunications, construction, banking, insurance, transportation, shipping, postal services, and tourism. In some countries, privatization is already occurring.

Those least able to pay for vital services - working class communities and communities of color - are the ones who suffer the most.

For the Rest of the Top 10 Reasons:
Globalexchange.org