ECONOMICS – Seattle conference: what did it all mean?*

The media, who have arrogated unto themselves the role of interpreting the world to us, have been wrestling with a problem of what to say about the events in and around the World Trade Conference in Seattle. Not surprisingly they concentrated upon the demonstrations – shades of Vietnam – and have said little of importance about the WTO itself. The demonstrations were important but they have gone, while the WTO and the very serious divisions revealed by the virtual collapse of the Conference, hav…

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