The WTO is imperialist. Defend or oppose this statement

The WTO is Not Imperialist Name Institution Page Break The WTO is Not Imperialist The World Trade Organization is classified among the outcomes of the initial Bretton Woods agreement whose primary objective was to reconstruct the global economic outlook that had been shattered by the World War II as well as achieve sustainable international economic cooperation. Since its inception, the organization aimed at creating a reliable economic order perpetuated on the ideas of consensual decision making as well as global cooperation in terms of global trade as well as other economic relationships (Bretton Woods Project, 2018). Founders of the organization believed that the persistence of depression triggered a bitter and bewildering world that was eventually plunged into fascism and war. As such, the establishment of the WTO formed a firm basis for the creation of a global economic interaction platform on which the world would successfully move from bitterness and bewilderment in pursuit of sustainable global peace and security for all humanity. According to Lenin (1934), imperialism is characterized by the existence of monopolies that dominate the decision process in a specific economic life. While the WTO was established on the ideas of three individuals, it is imperative to highlight that the organization is not imperialist. Despite the existence of various global economic powers such as the USA, the organization has continuously served in an anti-imperial capacity by advancing substantial support ...

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