In the face of fierce public opposition to the granting of these extraordinary powers to foreign investors, business associations as well as lawyers who make money from investor-state claims have begun a misleading propaganda drive. Their strategy: to appease the public by downplaying the risks of investment arbitration and to divert attention from the fundamental problems of the system by publicly supporting the EU’s cosmetic reforms around the edges. Behind closed doors, however, they are lobbying hard to ensure that the reforms don’t go too far.The article deconstructs ten claims used by the propaganda campaign to persuade the European public that the terms of the agreement are in the public's interest.
in the time remaining, to help us understand how the man-made system of capitalism will lead to the extinction of our human species, and so many others.
Wednesday, July 9, 2014
TTIP: debunking the business propaganda over investor rights
Click here to access article from Corporate Europe Observatory.