China Quote by Naomi Klein
““It was always about using these sweeping deals, as well as a range of other tools, to lock in a global policy framework that provided maximum freedom to multinational corporations to produce their goods as cheaply as possible and sell them with as few regulations as possible—while paying as little in taxes as possible. Granting this corporate wishlist, we were told, would fuel economic growth, which would trickle down to the rest of us, eventually. The trade deals mattered only in so far as they stood in for, and plainly articulated, this far broader agenda. The three policy pillars of this new era are familiar to us all: privatization of the public sphere, deregulation of the corporate sector, and lower corporate taxation, paid for with cuts to public spending.””
About This Quote
Source Book: No Is Not Enough by Naomi Klein, 2017
The quote critiques how trade agreements serve to expand corporate power, reduce regulations, and cut taxes, promising growth that supposedly benefits everyone, while actually shifting wealth to corporations and shrinking public services.
In simple terms: Trade deals prioritize corporate profit over public good.
Question corporate influence in policy.
Themes
Mood
Type
When to use this quote
- government negotiations
- corporate lobbying
- public budgeting
- social advocacy
- policy reform
Key Concepts
Questions to Reflect On
- How do trade policies affect everyday citizens?
- What alternatives could protect public welfare?
The promised “trickle‑down” benefits rarely materialize for most people.