globalization means equalizingdown to the lowestcommon denominator
Under GATT, the race to the bottom is not only instandard of living, environmental and healthsafeguards, but in democracy itself. Enactment ofthe free trade deal virtually guarantees that democraticefforts to make corporations pay their fairshare of taxes, provide their employees a decentstandard of living, or limit their pollution of the air,water, and land will be met with the refrain,“You can’t burden us like that. If you do,we won’t be able to compete. We’ll haveto close down and move to a countrythat offers us a more hospitable climate.”
—Ralph Nader and Lori Wallach
Never doubt that a small group of ...