Every new NAFTA, every new GATT adds to that corporate power. It allows them to make higher and higher profits, 59 percent since 1993. That is light stuff compared to what is going on now, I am sure, in terms of the stock market still booming. They get more and more wealth to use to oppress the people who are, the overwhelming majority in America who do not have a voice. Like the gentleman said, they own the media. They snuff out open society. They snuff out the checks and balances. And they are going to snuff out the consumer, the consumer market that is the driving engine for capitalism. As Soros puts it, they are going to destroy themselves if there is no check and balance on them.
Burgess Owens: “Every new NAFTA, every new GATT adds to that corporate power. It allows them to make higher and higher profits, 59…”
Editor's note · Context
Discussing the impact of NAFTA and GATT on corporate power and consumer rights.
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