Magazine article New Internationalist

From This Month's Editor

Magazine article New Internationalist

From This Month's Editor

Article excerpt

WHAT do you think of when yon hear the word 'trade'? I'll tell you my first thoughts: giant transnational corporations, Wall Street bond dealers, international money markets, the machinations of the World Trade Organization, etc, etc.

Mmm... yes, thought so. Trade is one of those topics whose mere mention makes the eyes glaze over.

That's unfortunate - because for millions around the world, it's anything but an abstract notion.

The terms on which you engage in the global market determine if you have food on the table, whether you have decent employment, if you can afford to educate your kids or whether you can provide healthcare for your family.

Free trade stacks the deck in favour of the powerful. The winners are those who produce the most for the least, no matter what the social or environmental costs. …

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