"Joy and pleasure are as real as pain and sorrow and one must learn what they have to teach. . . ." -- Sean Russell, from Gatherer of Clouds

"If you're not having fun, you're not doing it right." -- Helyn D. Goldenberg

"I love you and I'm not afraid." -- Evanescence, "My Last Breath"

“If I hear ‘not allowed’ much oftener,” said Sam, “I’m going to get angry.” -- J.R.R. Tolkien, from Lord of the Rings

Monday, August 08, 2016

Today's Must-Read: "Trade Deals"

From Tom Sullivan at Hullabaloo. The meat:

Something I read somewhere the other day highlighted that in a way that stuck with me. Essentially, these are deals written solely from the perspective of corporations. They are treaties of, by, and for corporations. The needs, concerns, and fate of the average citizen in the global economy are not even an afterthought. Politicians and business magnates sell the deals to voters simmering like frogs in increasingly weakened democracies as a kind of transnational trickle-down. In the long run, this deal will be great for you. Trust us. "You're gonna love it. Believe me."

He's got back-up, too. Basically, corporations and their henchmen are sitting at the negotiating table writing these treaties, with the acquiescence, if not active agreement, of our so-called representatives. One of the key factors is that they give the corporations the right to sue countries through a special court:

In one critique of the TPP, Johnson wrote:
Corporations get a special channel of their own for enforcement of rules written by their representatives at the negotiating table. Labor, environment and other stakeholders don’t get that in TPP. This is how TPP will increase corporate power over governments and working people.

In effect, these "trade deals" subordinate nations to corporations.

I might note that it is not only Republicans pushing for this. The Obama administration has been leading the charge.

Read the whole thing.

No comments: