As more is revealed about the Transatlantic Trade and Investment Partnership (TTIP), it is clear that it has little to do with improving trade. If implemented corporations will have the power to force governments to put corporate interests above the needs of their own citizens.All of these neoliberal trade treaties also include the poison pill of the Investor-State Dispute Settlements section.
From labour protection to public health, corporations are using the a rapidly-growing private justice system known as Investor-State Dispute Settlements, the proposed enforcement mechanism for TTIP, to sue governments for anticipated lost future profits incurred from the passage of democratically-decided regulation.
If it sounds dystopian, that’s because it is.
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.
Tuesday, April 5, 2016
It’s not just Europeans who will feel the consequences of TTIP
Click here to access article by Diane Abbott from New Statesman (Britain).