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Commentary: Outmaneuvering the WTO (03/02)
In the sheikdom of Qatar last November, the World Trade Organization (WTO) managed to launch a far-reaching new round of negotiations. But the trade talks almost collapsed, and not because of terrorism or mass protest. What nearly sank the WTO was something many people in the US can relate to: corporate greed.
In the US, senior citizens confront corporate greed every month when they go to fill their prescriptions. High prices for brand-name drugs mean that many elders have to choose between buying pills and eating. In Africa and Asia, millions of people don’t even have that choice. They simply can’t afford to buy AIDS drugs and other medications at pharmaceutical company prices. That’s one reason why people are dying unnecessarily as you read this article.