:19:00
are really, I mean, too insulting
to most people to believe.
:19:04
The fact that we have a choice between
Milton Friedman or Abbie Hoffman
:19:07
for where we get our source
of economic history and philosophy.
:19:11
There are many, many thinkers
from around the world...
:19:14
just not those ones
employed by the WTO...
:19:16
that think the World Trade Organization
policies are deeply damaging
:19:20
for the development prospects
of the poorest countries.
:19:23
Let me go out to Granwyth.
:19:26
Yes. Well, I wanted to speak
to Granwyth-sorry-to Barry's point
:19:31
that there are other thinkers.
:19:33
Well, who actually has the power
in the world, and so who is correct
:19:37
in this kind of world view?
:19:38
I mean, I think the answer is easy.
:19:41
And if you look at the views
held by myself, my organization,
:19:44
and many, many
of the decision-makers in the world...
:19:48
the powerful people-they happen
to coincide with what I'm explaining.
:19:52
And I think this is enough
in this sort of view.
:19:55
Briefly, Barry.
:19:57
So, I mean-what we have here
:19:58
is a picture of the rich and powerful people
believe a certain philosophy
:20:02
which they then propound
through the institutions
:20:05
in which they have a powerful voice.
:20:07
And I think this is exactly the model
that is being questioned.
:20:10
And, increasingly, what there is
is a very large body
:20:15
of people who are concerned
about these rules.
:20:17
The people on the streets
of Genoa and Seattle
:20:20
are not representative
of the overall movement.
:20:23
They are the tip of the iceberg.
:20:24
We did a study last year
that looked across developing countries
:20:28
and found that in the space
of one year, in 50 protests,
:20:31
more than a million people
from developing countries
:20:34
were out trying to change the rules
:20:36
that were being imposed on them
by the World Bank and the IMF
:20:39
and locked down
through the World Trade Organization.
:20:42
Thank you. We must finish.
Barry Coates, thank you for joining us.
:20:45
And also Granwyth Hulatberi and
Vernon Ellis on the line from New York.