NAFTA and GATT are quite similar. They both have highly protectionist elements. They're kind of a mixture of liberalization and protection designed to expand the power of transnational corporations. They're very basically investor's rights agreements. One crucial part in both is the "intellectual property right," which is a funny way of saying that corporations, like pharmaceutical companies, will have near-monopolistic rule over future technology. This now includes product as well as process rights.
Noam ChomskyIt makes sense to work towards a better world, but it doesn't make any sense to have illusions about what the real world is.
Noam ChomskyThat's the standard technique of privatization: defund, make sure things don't work, people get angry, you hand it over to private capital.
Noam ChomskyWhat is called 'capitalism'is basically a system of corporate mercantilism, with huge and largely unaccountable private tyrannies exercising vast control over the economy, political systems, and social and cultural life, operating in close cooperation with powerful states that intervene massively in the domestic economy and international society.
Noam Chomsky