Wednesday, June 8, 2016

Regulation of financial industry is history if Trade In Services Agreement passes

Click here to access article by Pete Dolack from Systemic Disorder.

Based on Wikileaks' revelations on TISA,  Dolack finds that this third plan, in addition to TPP and TTIP which apply to corporations with investments in commerce, will subordinate governments in most countries to the interests of financial corporations, the primary engines used by capitalists to exercise control over most economies. Thus TISA will further strengthen their domination over member countries.
What reads as bland bureaucratic text will be interpreted not in ordinary courts with at least some democratic checks, but by unaccountable and unappealable secret arbitration panels in which corporate lawyers alternate between representing multi-national corporations and sitting in judgment of corporate complaints against governments.