SERC

'''&nbsp SERC: This is an acronym for the Systemwide Economic Resource Committee', an inter-governmental agency overseen by the World League of Nations with membership based on economic output. Membership is not limited to Earth nations, but is also open to colonies and settlements across the solar system.

PREMISE:

The SERC was started by the WLN as anohter means of keeping national governments entangled and unable to take independent action. It served the convenient double-purpose of providing some centralized organization to counter corporate interests and influence.

Nations didn't object to SERC because voting privileges were based on economic output, meaning that the best economies got the most say. Unlike the WLN which saw SERC as a means of entangling nations, those nations saw SERC as a tool for maintaining autonomy and forcing influence back from the WLN's centralized control.

EFFECTIVENESS:

Sadly for all sides, SERC has done little other than offer platitudes regarding free trade and respecting ethics and the rights of workers. Debates have been held, along with other WLN committee meetings to discuss whether SERC should be given tangible power and the authority to enforce its rulings (in a similar fashion to the WLN Courts of Justice), but the WLN leadership as well as national leaders are all skittish, afraid of the direction SERC may take--and that it may not be the desired direction.