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Posts Tagged ‘WTO’

The Bretton Woods Institutions and the Accelerated Dystopian Transformation of the Food Industry

Posted by M. C. on September 8, 2022

Subsequently, in 2020, the IMF stressed the importance of raising the prices of “land-intensive food (for example, beef).” This would help reduce the consumption of animal products by shifting “consumer preferences away” from items like meat, milk, and egg products. In essence, the IMF supports having “taxes levied” on “meat, dairy, and ultra-processed food” in order to “discourage their overconsumption.” 

Time for “World” and “International” institutions to go. Oh ya, guess who is paying for them.

https://mises.org/wire/bretton-woods-institutions-and-accelerated-dystopian-transformation-food-industry

Birsen Filip

The global food industry is currently undergoing a major transformation in the name of averting “climate change” that will involve the adoption of new technologies in the production process and the creation of alternative food products for consumption. Facilitating this transition has become a key priority of many international organizations and institutions, including the World Economic Forum (WEF), the United Nations, and the Bretton Woods institutions, which consist of the World Bank, the International Monetary Fund (IMF), and the World Trade Organization (WTO).

However, while the role of the WEF in the “Great Food Transformation” has been garnering more attention in recent months, those of the IMF, World Bank and WTO have gone relatively unnoticed. Like the WEF, these institutions have been highlighting the negative effects of the agriculture sector on the climate over the past few years, primarily “crop cultivation and livestock production.” They also claim that, in addition to being detrimental to the environment, meat and dairy products are “unhealthy” foods. According to the IMF, “reducing livestock emissions” is among the key actions needed to meet the “climate neutrality target [also known as net-zero emissions] by 2050,” which will also include “replacing polluting coal, gas and oil-fired power with energy from renewable sources, such as wind or solar” in over 120 countries. With respect to agriculture, the IMF advises “diversifying away from beef production” by “applying enhanced farm management practices and new technologies.”

In fact, the IMF published an article in 2019 urging radical changes on the supply side of food production in order to decrease “emissions in agriculture.” Specifically, this article stated that

global production and consumption of red meat (especially beef) and dairy will need to be cut by about 50 percent, through substitution of proteins supplied by plants. Urgent action in the top three beef (United States, Brazil, European Union) and dairy (United States, India, China) producers is key. Second, a large-scale shift is needed away from conventional monoculture agriculture toward practices that support biodiversity, such as organic and mixed crop-livestock farming, sustainable soil management, and ecosystem restoration. Denmark and the Netherlands were among the first countries to announce ambitious organic transformation plans.

Subsequently, in 2020, the IMF stressed the importance of raising the prices of “land-intensive food (for example, beef).” This would help reduce the consumption of animal products by shifting “consumer preferences away” from items like meat, milk, and egg products. In essence, the IMF supports having “taxes levied” on “meat, dairy, and ultra-processed food” in order to “discourage their overconsumption.” According to the IMF:

The average US retail price of a Big Mac, for example, is around $5.60. But with all the hidden expenses of meat production (including health care, subsidies, and environmental losses) the full burden on society is a hefty $12 per sandwich—a price that, if actually charged, could more than halve the US demand for burgers…. Likewise, a gallon of milk would run $9 instead of $3.50 and a store-bought, two-pound package of pork ribs would jump from $12 to $32.

It appears that, much like the WEF, the IMF is so committed to achieving “a Great Food Transformation” that it openly endorses using a centrally planned system to set the quantities and prices of food products to be sold instead of allowing them to be determined through voluntary exchanges in the marketplace, even though this would bring about the demise of economic freedom. The IMF also supports measures aimed at preventing individuals from consuming “animal products for breakfast or lunch.” To encourage the acceptance of these ideas and changes on the part of the people, the IMF has called for promoting the notion that such “dietary changes would entail health benefits as well as public spending savings.”

According to the IMF, achieving “a Great Food Transformation” will also require the redirection of state subsidies and loans toward “sustainable farms producing plant-based protein for human consumption and toward incentives for innovation on alternative proteins and smart farming technologies.” It would also involve “removing tax expenditure favoring products with emission-intensity,” such as “dairy/meat products,” and “providing financial support to R&D initiatives on emission reduction and carbon capture in agriculture.” Additionally, the IMF is of the view that stripping financial institutions of the ability to “lend to nonsustainable agri-food firms” would “provide essential support to a Great Food Transformation.”

See the rest here

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The Global Reset – Unplugged. “The Deep State” – Global Research- Centre for Research on Globalization

Posted by M. C. on June 20, 2020

Coopted or created by the Beast(s) are also, the European Union, the Bretton Woods Organizations, World Bank and IMF, as well as the World Trade Organization (WTO) – and – make no mistake – the International Criminal Court (ICC) in The Hague. It has no teeth. Just to make sure the law is always on the side of the lawless.

https://www.globalresearch.ca/global-reset-unplugged/5716178

By Peter Koenig

Imagine, you are living in a world that you are told is a democracy – and you may even believe it – but in fact your life and fate is in the hands of a few ultra-rich, ultra-powerful and ultra-inhuman oligarchs. They may be called Deep State, or simply the Beast, or anything else obscure or untraceable – it doesn’t matter. They are less than the 0.0001%.

For lack of a better expression, let’s call them for now “obscure individuals”. 

These obscure individuals who pretend running our world have never been elected. We don’t need to name them. You will figure out who they are, and why they are famous, and some of them totally invisible. They have created structures, or organisms without any legal format. They are fully out of international legality. They are a forefront for the Beast. Maybe there are several competing Beasts. But they have the same objective: A New or One World Order (NWO, or OWO).

These obscure individuals are running, for example, The World Economic Forum (WEF – representing Big Industry, Big Finance and Big Fame), the Group of 7 – G7, the Group of 20 – G20 (the leaders of the economically” strongest” nations). There are also some lesser entities, called the Bilderberg Society, the Council on Foreign Relations (CFR), Chatham House and more.

The members of all of them are overlapping. Even this expanded forefront combined represents less than 0.001%. They all have superimposed themselves over sovereign national elected and constitutional governments, and over THE multinational world body, the United Nations, the UN.

In fact, they have coopted the UN to do their bidding. UN Director Generals, as well as the DGs of the multiple UN-suborganizations, are chosen  mostly by the US, with the consenting nod of their European vassals – according to the candidate’s political and psychological profile. If his or her ‘performance’ as head of the UN or head of one of the UN suborganizations fails, his or her days are counted. Coopted or created by the Beast(s) are also, the European Union, the Bretton Woods Organizations, World Bank and IMF, as well as the World Trade Organization (WTO) – and – make no mistake – the International Criminal Court (ICC) in The Hague. It has no teeth. Just to make sure the law is always on the side of the lawless.

In addition to the key international financial institutions, WB and IMF, there are the so-called regional development banks and similar financial institutions, keeping the countries of their respective regions in check.

In the end its financial or debt-economy that controls everything. Western neoliberal banditry has created a system, where political disobedience can be punished by economic oppression or outright theft of national assets in international territories. The system’s common denominator is the (still) omnipresent US-dollar.

“Unelected Individuals”

The supremacy of these obscure unelected individuals becomes ever more exposed. We, the People consider it “normal” that they call the shots, not what we call – or once were proud of calling, our sovereign nations and sovereignly elected governments. They have become a herd of obedient sheep. The Beast has gradually and quietly taken over. We haven’t noticed. It’s the salami tactic: You cut off slice by tiny slice and when the salami is gone, you realize that you have nothing left, that your freedom, your civil and human rights are gone. By then it’s too late. Case in point is the US Patriot Act. It was prepared way before 9/11. Once 9/11 “happened”, the Patriot Legislation was whizzed through Congress in no time – for the people’s future protection – people called for it for fear – and – bingo, the Patriot Act took about 90% of the American population’s freedom and civil rights away. For good.

We have become enslaved to the Beast. The Beast calls the shots on boom or bust of our economies, on who should be shackled by debt, when and where a pandemic should break out, and on the conditions of surviving the pandemic, for example, social confinement. And to top it all off – the instruments the Beast uses, very cleverly, are a tiny-tiny invisible enemy, called a virus, and a huge but also invisible monster, called FEAR. That keeps us off the street, off reunions with our friends, and off our social entertainment, theatre, sports, or a picnic in the park.

Soon the Beast will decide who will live and who will die, literally – if we let it. This may be not far away. Another wave of pandemic and people may beg, yell and scream for a vaccine, for their death knell, and for the super bonanza of Big Pharma – and towards the objectives of the eugenicists blatantly roaming the world – see this. There is still time to collectively say NO. Collectively and solidarily.

Take the latest case of blatant imposture. Conveniently, after the first wave of Covid-19 had passed, at least in the Global North, where the major world decisions are made, in early June 2020, the unelected WEF Chairman, Klaus Schwab, announced “The Great Reset”. Taking advantage of the economic collapse – the crisis shock, as in “The Shock Doctrine” – Mr. Schwab, one of the Beast’s frontrunners, announces openly what the WEF will discuss and decide for the world-to-come in their next Davos Forum in January 2021. For more details see this. Read the rest of this entry »

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The Benefits of Free Trade Are Canceled Out by Domestic Interventionism

Posted by M. C. on December 6, 2019

What no one recognizes is that the common reason for the breakdown of world economic relations is the combination of interventionist domestic policies and government-led, top-down, faulty trade integration, which serves only interest groups and is subject to perverse incentives.

https://mises.org/wire/benefits-free-trade-are-canceled-out-domestic-interventionism?utm_source=Mises+Institute+Subscriptions&utm_campaign=c869db6738-EMAIL_CAMPAIGN_9_21_2018_9_59_COPY_01&utm_medium=email&utm_term=0_8b52b2e1c0-c869db6738-228343965

Foreign policy commentators live in their own bubble. The WTO’s credibility is gone and its survival uncertain due to its lack of impact on world trade over the last two decades. A China vs. USA trade war is still growing and the economic community of European states is in its worst-ever shape. Yet no one stops to wonder if all these failures have anything to do with the kind of economic integration they propose. In fact, the media is now childishly excited about the ASEAN-led Regional Comprehensive Economic Partnership (RCEP), a Trans-Pacific Partnership surrogate many years in the making.

What no one recognizes is that the common reason for the breakdown of world economic relations is the combination of interventionist domestic policies and government-led, top-down, faulty trade integration, which serves only interest groups and is subject to perverse incentives. The positive effects of inter-governmental multilateral trade agreements are minor at best. Their negative effects, however, such as stifling global trade, diversion of trade flows, or increasing red tape, have been growing at an alarming rate.

Trade agreements have thus become obsolete tokens of negotiation in larger geopolitical disputes, protectionist tools for managing and interfering with global trade flows. RCEP’s tentative provisions serve as a great illustration of the adulteration and vitiation of trade deals. For example, RCEP would allow and encourage poorer members to “proceed cautiously and gradually in lowering tariffs on manufactured goods… [over] adjustment periods of up to 25 years” (The Economist, 2019). However, it is precisely the poorer members of such agreements who benefit from reducing their tariffs to zero. According to Mises (1990), “their own policies are the main obstacle to any improvement and economic progress. There cannot be any question of imitating the technological procedures of the capitalistic countries if there is no capital available. Whence should this capital come if domestic capital formation as well as the inflow of foreign capital are sabotaged?”

RCEP would also allow India to “impose some sort of ‘safeguard’ tariffs if imports surged too sharply” (The Economist, 2019). In other words, India could easily withdraw their already weak commitment to this economic partnership without incurring any direct consequences — allowing them to have their managed trade cake and eat it too. However, despite this mollification, India remained reluctant to commit and Narendra Modi refused to sign the current draft agreement, citing the trade deficit with China, the danger to Indian farmers, Ghandi, and his own conscience.

Lastly, the text of the RCEP is littered with “non-committal phrases… [such as] “members shall endeavour to” rather than “members shall’” (The Economist, 2019). As The Economist argues, “in these sort of agreements do and do not are not the only options. There is plenty of “try” (The Economist, 2019). But no rose-colored glasses can make free trade anything but a black and white issue. To reference Yoda again, this is why you fail. Either trade is entirely free, and thus works to bring about prosperity and economic growth, or it is government-managed, thus not free, and bound only to bring about more intervention and economic distortions. In matters of economic freedom, there is no try.

Preparations for the Regional Comprehensive Economic Partnership are now 8 years old and 30 negotiation rounds have already taken place. A fantastic leap of faith is necessary to imagine that, once signed, this agreement will have any beneficial impact, or will indeed be managed efficiently. A leap of faith that should be impossible for any minimally informed and honest commentator. Sadly, much like true free trade agreements, there are few such left.

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Washington Monthly | Free Trade Is Dead

 

 

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