ISDS undermines the American judicial system and tilts the playing field further in favor of big multinational corporations
But the fight over the TPP reaches beyond the confines of American electoral politics; it is, more broadly, a conflict between the forces of global capital — in partnership with political leaders — and the working class.
Our own government allows anonymous shell corporations here at home, and does not fight countries that enable them abroad when it negotiates so-called “trade” agreements that are supposed to lay down rules for financial interaction.
Voters have figured out that our country’s current “free trade” policies are killing their jobs, wages, cities, regions and the country’s middle class. Multinational corporations do great under free trade, the rest of us not so much.
A new study confirms what many activists have suspected for a long time: The private courts set up by international “trade” deals heavily favor billionaires and giant corporations, and they do so at the expense of governments and people.
Froman visiting the Monterey Bay Aquarium to promote TPP as protecting the environment is reminiscent of President Obama visiting Nike last May to promote TPP as increasing American jobs.
We don't need any institute to tell us who would benefit from TPP. All we need to know is that it was negotiated in strict secrecy with global corporate elites while we consumers and workers were locked out. Remember, if you're not at the table, you're on the menu.