Sunday, April 28, 2013

Why Can Corporate Interests Trump Sovereign Rights? [Part 2 of 2]

Click here if you wish to access the source and transcript of this 12:19m video on The Real News Network.

This was for me a very revealing exposé of the recent development of neoliberal extra-national bodies having jurisdiction over disputes between sovereign countries and corporations. They are international trade panels that are privately run, meet in private, and operated by people who have allegiances to capitalist enterprises who make decisions on these disputes. However, I don't really think that their private nature matters much. Witness the powerful private influence over our government presently and the whole electoral system.

The guest on this interview is Chakravarthi Raghavan, an  international trade and investment expert, who explains that the history of this development is rooted in old-fashioned colonialism. I have strongly suspected that what we saw happening in old-fashioned colonialism in earlier periods used against less developed countries is now being applied to all countries. We of the 99 Percent are all on the way to be colonial subjects of major international financial and industrial corporations regardless of where we live! Raghavan confirms this suspicion.



You can access the first segment of the interview here.