TPP Is Not A Trade Agreement

Dr. Paul Craig Roberts

3/15/2016

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The sole purpose of TTP is to give global corporations immunity to the laws of the countries in which they do business. Indeed, TPP allows a private corporation to repeal soverign laws of sovereign countries, which no longer would be sovereign. All a corporation has to do is to sue the country for “restraint of trade” if the corporations’ profits are harmed by the country’s laws. For example, Monsanto could sue France and force the French government to repeal its laws against GMOs.

As Mike Masnick writes, we were promised a debate about TPP, but did not get one. The corporations have greased all the palms with big bucks. Every government that signs on to TPP flushes its sovereignty down the toilet. Corporations are transformed into Global Emperors against whom mere citizens have no recourse.