Government without Democracy.(international trade policy set at supranational level)

The global economy is well governed in the interest of the elite.

CRITICS OF THE GLOBAL ECONOMY OFTEN SEE IT AS anarchic, a mad market that has burst national bounds and floats free, unrestrained by the laws and rules that made the nation-based social market a decent place to live and do business. It is "wild capitalism," Benjamin R. Barber wrote last year in The American Prospect ["Globalizing Democracy," September 11, 2000]. He asked: "Can globalism be governed?"

Well, it is governed, but not in a way that soothes its critics or gives hope ...