“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.”
Quote by Noam Chomsky
Author
Noam Chomsky
Noam Chomsky, born on December 7, 1928, is a renowned linguist from the United States. His research in generative grammar and transformational grammar has had a profound impact on modern linguistics. Chomsky's academic achievements extend beyond linguistics, as he is also an active political commentator and philosopher, known for his unique perspective and profound insights. more
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