This sounds like something the YesMen would do. Fact is though, this is just business as usual - Ahni

At a Wharton Business School conference on business in Africa that took place on Saturday, November 11, the WTO announced the creation of a new, much-improved form of slavery for the parts of Africa that have been hardest hit by the 500-year history of free trade there.

From the Article:

The initiative will require Western companies doing business in some parts of Africa to own their workers outright. Schmidt recounted how private stewardship has been successfully applied to transport, power, water, traditional knowledge, and even the human genome. The WTO’s “full private stewardry” program will extend these successes to (re)privatize humans themselves.

“Full, untrammelled stewardry is the best available solution to African poverty, and the inevitable result of free-market theory,” Schmidt told more than 150 attendees. Schmidt acknowledged that the stewardry program was similar in many ways to slavery, but explained that just as “compassionate conservatism” has polished the rough edges on labor relations in industrialized countries, full stewardry, or “compassionate slavery,” could be a similar boon to developing ones.

The audience included Prof. Charles Soludo (Governor of the Central Bank of Nigeria), Dr. Laurie Ann Agama (Director for African Affairs at the Office of the US Trade Representative), and other notables. Agama prefaced her remarks by thanking Scmidt for his macroscopic perspective, saying that the USTR view adds details to the WTO’s general approach. Nigerian Central Bank Governor Soludo also acknowledged the WTO proposal, though he did not seem to appreciate it as much as did Agama.

A system in which corporations own workers is the only free-market solution to African poverty, Schmidt said. “Today, in African factories, the only concern a company has for the worker is for his or her productive hours, and within his or her productive years,” he said. “As soon as AIDS or pregnancy hits—out the door. Get sick, get fired. If you extend the employer’s obligation to a 24/7, lifelong concern, you have an entirely different situation: get sick, get care. With each life valuable from start to finish, the AIDS scourge will be quickly contained via accords with drug manufacturers as a profitable investment in human stewardees. And educating a child for later might make more sense than working it to the bone right now.”

http://www.gatt.org/wharton.html

This article is from: plawiuk.blogspot.com