Surviving Capitalism (Not) : TTIP: corporate power grab

We’ve lived so long under the spell of hierarchy—from god-kings to feudal lords to party bosses—that only recently have we awakened to see not only that “regular” citizens have the capacity for self-governance, but that without their engagement our huge global crises cannot be addressed. The changes needed for human society simply to survive, let alone thrive, are so profound that the only way we will move toward them is if we ourselves, regular citizens, feel meaningful ownership of solutions through direct engagement. Our problems are too big, interrelated, and pervasive to yield to directives from on high.
—Frances Moore Lappé, excerpt from Time for Progressives to Grow Up

Thursday, November 5, 2015

TTIP: corporate power grab

Click here if you wish to directly access this series of short videos from Transnational Institute (TNI).

John Hilary, who is associated with War on Want in Britain, explains why we should be opposed to TTIP.

ISDS is a mechanism engraved in (bilateral) investment treaties or an investment chapter of trade agreements which allows multinational corporations to sue governments in ad hoc tribunals. It is an extrajudicial system with special privileges and rights just for one class: Foreign investors, giving them more power relatively to citizens and governments.