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Thread: Bhutan criticises WTO
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12-02-2010, 00:40 #1Senior Member
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Bhutan criticises WTO
The Prime Minister of Bhutan, a far away place about whose people we know very little, has had the timerity to criticise the World Trade Organisation. It appears that Bhutan is about to join it, but has reservations. I liked this bit:
"... This was because its rules, regulations and principles promote all those things that make life unsustainable. “It promotes materialism, leads to rapid depletion of our finite resources, and leads to activities and rules that undermine culture and entity,” he said..."
link here:
http://www.kuenselonline.com/modules...icle&sid=14707
As Robert Burns said: Oh would some power the giftie gie us to see ourselves as others see us.
(Oh would some power the gift to give us to see ourselves as others see us.)
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12-02-2010, 09:22 #2Senior Member
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Re: Bhutan criticises WTO
He has a point. The WTO would be better named 'The US and her allies' Trade Organisation. It's been run as a club where you have to play by their rules if you want to join. Inevitably, it reflects the prevalent theories and ethos of the west.
As the balance of economic power shifts to being more evenly weighted twixt east and west, it's going to have to adapt or risk becoming an irrelevance.We need people who look to the stars, holding the nation and the world in their hearts but at the same time we need down-to-earth people who can do serious and trying work.
In a definite sense, a country's power and prestige isn't only a reflection of its economic power but also a reflection of its people's quality and morality. Moreover, I think the latter is actually more important in the long-term.
http://www.economist.com/blogs/multi...na_has_changed
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12-02-2010, 15:19 #3Senior Member
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Re: Bhutan criticises WTO
Whilst it's certainly fairly heavily slanted towards western countries, didn't the US lose a rather major case with the WTO not that long ago over gambling IIRC?
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12-02-2010, 15:24 #4Senior Member
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Re: Bhutan criticises WTO
The WTO's creed is that free trade is good, whilst its primary movers in the west practice protectionism where it suits and ignores the need of smaller or poorer countries to protect nascent industry from being overwhelmed by imports. Sometimes, and I say this as a confirmed libertarian, protectionism is good.
Brigadier Bill Aldridge, commander of British forces in the South Atlantic, responded by saying: I am not expecting to hand the islands over to anybody and therefore put us in a position to have to retake the islands.
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12-02-2010, 15:50 #5Moderator
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Re: Bhutan criticises WTO
Bhutan has one of the fastest growing economies in the world - not bad when all they export is wooden oraments and cardomon pods..... :D
Gordon should pay attention
P.S. Bhutan has nothing to do with lighter fuel despite popular opinion
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