[governance] Now business wants to lead policy making

[Mueller, Milton L]

Parminder:
I am curious about your response to this initiative. I know that in your world, anything that a business does is bad, but please tell me this: 

Many people have complained about the WTO and other government-government trade negotiations because they are closed to other stakeholders and not transparent. It appears that Ma is proposing a departure from that. The WeTP would have business, "governments and NGOs and other organisations participating.” Of course, one would have to know more about the terms and conditions of "participation" but I see a potential for movement forward rather than backwards.  Please tell us why this is worse than the status quo? 

Dr. Milton L. Mueller
Professor, School of Public Policy
Georgia Institute of Technology




> -----Original Message-----
> From: governance-request at lists.igcaucus.org [mailto:governance-
> request at lists.igcaucus.org] On Behalf Of parminder
> Sent: Thursday, May 12, 2016 3:35 AM
> To: governance at lists.igcaucus.org; BestBitsList <bestbits at lists.bestbits.net>
> Subject: [governance] Now business wants to lead policy making
> 
> A recent announcement by Alibaba's founder Jack Ma exposes what the real
> intent, and the problem, with business led multistakeholderism is, something
> a lot of people/ groups have perhaps innocently got into supporting.... He
> proposes a new business led initiative to frame global e-commerce rules,
> which would rival the WTO, which can keep making them for offline trade.
> And he is entirely serious, with Alibaba already working with a number of
> groups and intending to present the proposal to G 20 later this year.. To me it
> is a political shocker, but that is where much of multistakholderism ideology
> is headed.
> 
> I wrote an op-ed on this issue in yesterday's The Hindu, which is at
> http://www.thehindu.com/opinion/columns/a-borderless-economy-that-will-
> be-controlled/article8581476.ece
> 
> We must re-assess what does unhinging of the role of legitimate political
> actors in key public policy areas means. It just transfers power to a few global
> corporates to runs our societies as a corporatocracy. Many of our discussions
> here on mulitistakeholderism as a sovereign political form need to be seen in
> this context.
> 
> parminder
> 

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