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Ace of Lobster,
When the World Bank and IMF make a loan to a developing country, there is attached what is called an Assistance Plan, designed to help bring the country back from the brink of disaster. Of the provisions of the Assistance Plan - of which the WTO plays a part bolstered by the GATS treaty - are the privatization of public services and open markets to foreign trade. If the developing nations to not agree to these conditions, they do not receive the loan.
The United States and Britain are the two nations who benefit the most under these provisions as nearly all the corporations who buy control of these services are American and British. One would think that this should have an influence on the American economy, otherwise, why would the United States control the majority of the World Bank? The United States is not in the business of philanthropy to developing nations.
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"I can normally tell how intelligent a man is by how stupid he thinks I am" - Cormac McCarthy, All The Pretty Horses
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