WTO Announces Formalized Slavery Model for Africa

US Trade Representative to Africa, Governor of Nigeria Central Bank weigh in at Wharton
WTO NEWS: 2006 PRESS RELEASES
Submitted by Ahk Eitai-KNN Cleveland

Philadelphia - At a Wharton Business School conference on business in Africa, World Trade Organization representative Hanniford Schmidt announced the creation of a WTO initiative for "full private stewardry of labor" for the parts of Africa that have been hardest hit by the 500 years of Africa's free trade with the West.

The initiative will require Western companies doing business in some parts of Africa to own their workers outright. Schmidt recounted how private stewardship has been successfully applied to transport, power, water, traditional knowledge, and even the human genome. The WTO's "full private stewardry" program will extend these successes to (re)privatize humans themselves.

"Full, untrammelled stewardry is the best available solution to African poverty, and the inevitable result of free-market theory," Schmidt told more than 150 attendees. Schmidt acknowledged that the stewardry program was similar in many ways to slavery, but explained that just as "compassionate conservatism" has polished the rough edges on labor relations in industrialized countries, full stewardry, or "compassionate slavery," could be a similar boon to developing ones.

"This is what free trade's all about," said Schmidt. "It's about the freedom to buy and sell anything—even people." See: WTO Announces Formalized Slavery Model for Africa