Reprinted from Campaign For America's Future
Few are aware that NAFTA (North American Free Trade Agreement) has rendered us uncompetitive in the world economy
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Trade deals like NAFTA have helped create terrible inequality by outsourcing jobs to low-wage countries so "investors" can pocket the wage difference. These corporate trade deals also create "corporate courts" that bypass the borders of democracy and place billionaires and their corporations beyond the reach of governments when it comes to deciding on laws and regulations that protect citizens.
There are more of these "NAFTA-style" deals being negotiated right now. These are much bigger than the trade deals that have already created such inequality and corporate hegemony. If Republicans take the Senate and keep the House they will pass these new trade deals and clinch this deal worldwide -- and President Obama has already indicated he will sign them. This is serious so try to talk a few non-voting friends into showing up this time.
Trade Deals Being Negotiated Now
The big corporations are pushing our government to finalize three very big trade agreements: the Trans-Pacific Partnership (TPP), the Transatlantic Trade and Investment Partnership (TTIP) and the Trade in Services Agreement (TISA). These are not really trade deals but cover all kinds of issues, including the ability to place corporate rights alongside or above the rights of countries to make their own laws.
These "trade" deals will, if passed by Congress and signed by the president, cement a corporate right to profits above the rights of citizens to pass laws to protect our health, environment, wages, working conditions and anything else we might decide to do to make our lives better. That's right, these trade agreements place corporate rights above national sovereignty, and they do this behind a veil of secrecy.
These deals, like NAFTA and other "NAFTA-style" agreements, have "investor-state dispute settlement" (ISDS) provisions that let giant corporations sue governments for passing laws that might cause investors to make lower profits. For example, these (and current) agreements allow tobacco companies to stop governments from engaging in anti-smoking initiatives to protect the health of their citizens.
These suits do not come up in front of government courts. They are adjudicated by corporate-controlled tribunals of private arbitrators -- "corporate courts" set up by these trade agreements. The "judges" are often corporate lawyers who just happen to also represent global investors and whose livelihood depends on the very corporations they are judging.
These deals are being negotiated with only the interests of the giant corporations at the table. Citizen groups, labor groups, consumer groups, environmental groups, health groups and other representatives of stakeholders in the world's economy are excluded from the process.
Why is our own government negotiating a deal that gives so much to the big corporations and the billionaires behind them, and takes so much away from regular people? Rep. Alan Grayson (D-Fla.) sums it up, saying there are three kinds of people negotiating these agreements on behalf of our government:
- People who used to work for the giant corporations that benefit from these agreements.
- People who want to work for the giant corporations that benefit from these agreements.
- People who used to work for the giant corporations that benefit from these agreements and want to work for the giant corporations that benefit from these agreements again.
Why would the giant corporations and the billionaires want these agreements? Because they clinch the deal and get them around the borders of democracy.
Wow, That Sounds Extreme
Trade deals are placing corporate rights above national sovereignty? They are intentionally undermining democracy? This sounds extreme. What kind of person would make such extreme accusations?