Date registered: Mar 2006
Vehicle: 04 SL55 AMG
Location: Sacramento, CA - US
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On your first point, I completely agree. My point was simply that our country would likely not be at the level that it's at, had the companies hauled ass. It was a struggle that, over the long-term, ended up building this nation, right?
I really do need to learn more about the WTO. It seems to me (and I'm likely wrong) that we've moved into global trade, but kept the separatist attitude towards the impact of the individual economy. In other words, why wouldn't the UN oversee the WTO, which should be comprised of an international team of economists, representing each nation. Cases of corruption within international companies would be handled by an international judiciary division of the WTO, thereby eliminating the ability of a company to hide from prosecution in another country. Any companies that don't want to sign a basic human rights and practices agreement simply wouldn't be permitted to operate within the countries that have representation within the WTO. As incentive, companies that do operate within the participating countries would have increased support from the WTO for fair trade.
Does this make sense? It's just an idea off the cuff. The main thing is ensure that there are as many checks and balances to try and minimize corruption and under the table deals between companies and certain countries. Minimal oversight from the WTO, but still somewhat of an impartial referee.