A United Nations official has called for a moratorium on secret negotiations over a United States-European Union “free trade” deal, citing concerns that the corporate tribunals likely to be included in the final pact would boost the power of multinationals at the expense of democracy and human rights. Alfred de Zayas, the UN’s independent expert on the promotion of a …
The TPP: Toward Absolutist Capitalism – Lambert Strether
There are many excellent arguments against the Trans-Pacific Partnership (TPP), two of which — local zoning over-rides, and loss of national sovereignty — I’ll briefly review as stepping stones to the main topic of the post: Absolutist Capitalism, for which I make two claims: 1) The TPP implies a form of absolute rule, a tyranny as James Madison would have …
As Corporate Forces Push Fast Track Bill, Progressives Draw Battle Lines – Deirdre Fulton
Warning that passing Fast Track legislation would amount to rubber-stamping corporate trade pacts like the Trans-Pacific Partnership, progressives are vowing to hold members of Congress accountable for their votes on the compromise bill announced Thursday—and reminding them of how dangerous such trade policies are for the public, workers, and the planet. “[T]he big deal is that Fast Track sets the stage for …
Stop The Fast Track To A Future Of Global Corporate Rule
Several major international agreements are under negotiation which would greatly empower multinational corporations and the World Economic Forum is promoting a new model of global governance that creates a hybrid government-corporate structure. Humankind is proceeding on a path to global corporate rule where transnational corporations would not just influence public policy, they would write the policies and vote on them. …