Wednesday, May 8, 2013

TransPacific trade treaty again: conspiracy theory or reality?

Since it is all being done in secret, who knows?  But this is interesting:

Japanese protestors against the treaty:

 SUTO: It would destroy our health insurance system. This is not because America intends this result [oh?]. When the U.S. insurance companies enter our market, they will focus on profitable sectors. But Japanese health insurance depends on pooling together profitable and other sectors. The U.S. companies would go after cancer and other specialized medicine to make their profits, and this would leave out poor people who can’t pay and would destroy our insurance system.

 SUTO: What really surprises me about TPP, and I might add ISD as well, is that if TPP advances and is implemented it will destroy the American social system. Take as an example the United States’ federal system of government. Since its founding, the states had their power and formed “The United States of America.” But under the TPP regime the power of individual states would evaporate. Right now you have cases in which one state has the death penalty but the next doesn’t, or maybe this state here allows people to buy alcohol and the other doesn’t. TPP would take these kinds of powers out of the hands of state governments. You could have foreign liquor companies suing states that try to restrict sales of alcohol. Up until now, such a thing couldn’t happen, and quite naturally so. TPP would break down the United States’ own independent system.
So when it comes to TPP, I think you’ll see their own citizens’ groups rise up against it. And when the Americans themselves begin to figure out the strange things entailed by TPP, their own opposition will grow. And so, finally, I believe that it will not be enacted.
Or a trans-national (as opposed to “foreign”) oil corporation suing, say, Dryden, NY because under home rule, they decided to ban fracking.
Or trans-national food companies suing Brooksville, ME because of its food sovereignty ordinance.  

Read more at:
Japanese Movement Against TPP Growing « naked capitalism

1 comment:

  1. All I've seen is negative media surrounding this trade agreement, and the fact that the negotiations are secret doesn't help. Does anyone know how this trade agreement would benefit our economy? (outside of the whole more free trade is better thing)

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