---
title: "Meaning & Key Takeaway of: NAFTA and GATT are quite similar. They…"
description: "\"NAFTA and GATT are quite similar. They both have highly protectionist elements. They're kind of a mixture of liberalization and protection designed to ..."
image: "https://sms4smile.com/quotes/i/1be/noam-chomsky-42_agreement_nafta-and-gatt-are-quite-similar-they-bo_1649282.jpg"
---

#  NAFTA and GATT are quite similar. They both have highly…

![“NAFTA and GATT are quite similar. They both have highly protectionist elements. They're kind of a mixture of liberalization and protection designed to expand the power of transnational corporations. They're very basically investor's rights agreements. One crucial part in both is the &quot;intellectual…” quote by Noam Chomsky](https://sms4smile.com/quotes/i/1be/noam-chomsky-42_agreement_nafta-and-gatt-are-quite-similar-they-bo_1649282.jpg)   [Download](https://sms4smile.com/quotes/i/1be/noam-chomsky-42_agreement_nafta-and-gatt-are-quite-similar-they-bo_1649282.jpg) [Open image](https://sms4smile.com/quotes/i/1be/noam-chomsky-42_agreement_nafta-and-gatt-are-quite-similar-they-bo_1649282.jpg)

> “NAFTA and GATT are quite similar. They both have highly protectionist elements. They're kind of a mixture of liberalization and protection designed to expand the power of transnational corporations. They're very basically investor's rights agreements. One crucial part in both is the "intellectual property right," which is a funny way of saying that corporations, like pharmaceutical companies, will have near-monopolistic rule over future technology. This now includes product as well as process rights.”

[Noam Chomsky](https://sms4smile.com/quotes/author/noam-chomsky/)

## About This Quote

This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.

The agreements blend market opening with strong corporate protections, especially via intellectual property, giving firms near‑monopoly over future innovations.

**In simple terms:** Trade deals mix liberalization with corporate power, especially through patents.

Key Takeaway

Watch for hidden corporate dominance in trade policies.

Themes

trade corporate power intellectual property globalization

Mood

critical concerned

Type

analytical political

When to use this quote

- policy analysis
- business strategy
- academic research
- public advocacy

Key Concepts

neoliberalism monopoly regulation

Questions to Reflect On

- How do IP rights affect access to medicines?
- What alternatives could balance innovation with public interest?

A Different Perspective

These agreements can stifle competition and innovation for the public good.

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