This piece is an introduction to a downloadable 28 page dissection of the proposed "EU-US Transatlantic Trade and Investment Partnership, and its socio-economic & environmental consequences" now being negotiated in closed door hearings by corporate sponsored government representatives. In a nutshell the European-American capitalist class are proposing to establish private tribunals that would supersede national regulations and courts while promoting corporate interests in the United States and European Union.
As the second round of negotiations on the EU-US trade agreement kick off in Brussels next week, a new report published by members of the Seattle to Brussels Network (S2B), including CEO, reveals the true human and environmental costs of the proposed deal. The report shows that the promises of job creation and growth are illusions; and that the real impetus behind a deal comes from major EU and US corporations that have joined forces to remove as many labour, health and environmental standards as possible in a devastating race to the bottom.