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Altered States

New trade proposal would place local sovereignty in the hands of multinationals

By Mischa Gaus

A backdoor attempt to subject states to corporate-driven trade deals could undermine laws that rein in capitalism’s worst abuses. The Bush administration’s top trade official, Robert Zoellick, pushed governors last September to sign onto a letter including their states in upcoming trade agreements, which would allow foreign companies to bid on the state’s purchasing and contracts, and thereby improve Zoellick’s… return to article

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