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Backdoor Talks on Trans-Pacific Trade Deal Aim to Globalize Corporatocracy

4:28 pm in Uncategorized by Michelle Chen

Cross-posted from In These Times

You might think corporate money corrupts our political system, but the international trade system is where money really talks.

Image via interoccupy.org

The White House is touting the Trans-Pacific Partnership as a “21st century” trade deal, but many activists see it as a regression into economic imperialism. The pact currently in negotiations—covering Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, the United States and Vietnam, with Canada and Mexico recently joining the talks—aims to establish a new trade regime that could intrude on domestic laws that affect millions of workers and consumers, from their weekly paycheck to their prescription medicines.

Thanks to some intrepid activists with Public Citizen and the Citizens Trade Campaign, the public can glimpse at the closed-door negotiations through a batch of leaked documents. So far, what’s trickled out suggests that Washington is determined to scale up the controversial framework of the North American Free Trade Agreement (NAFTA), creating a new trade regime that exploits inequality between workers and employers within countries, and global inequalities between the “developed” and “developing” worlds.

The TPP, if current proposals are enacted, would grant extreme powers for corporations to act as quasi-legal entities, and potentially to take states to court in order to dismantle environmental, consumer safety, or labor protections that they feel “unfairly” pinch their profit margins. Building on previous trade agreements like NAFTA that have given foreign investors sweeping powers to circumvent domestic regulations, the proposed framework would establish a litigation system designed to protect the “rights” of investors above citizens. Read the rest of this entry →

Trans-Pacific Trade Deal Opens Eastern Front for Neoliberalism

8:49 am in Uncategorized by Michelle Chen

Image: Citizens Trade Campaign

Cross-posted from In These Times.

With the U.S. economy stuck in a constant rut and Europe going into a tailspin, President Obama is looking to escape to the East. While the nations of the Asian Pacific rim face strains of their own, from massive inequality to climate change, their growth rates look positively zen compared to the stagnant economies that used to run the world.

So for the past several days President Obama has been charming Asia-Pacific officialdom, hoping these “emerging” economies can prop up the West’s sagging empires. At home, the White House has sold its vision for the “Pacific Century” as a boon for U.S. jobs, and abroad, he’s looking to consolidate influence over Asian leaders with subtle overtures toward checking China’s regional power.

The centerpiece of this program is the Trans-Pacific Partnership, a trade agreement that would involve Australia, Brunei Darussalam, Chile, Malaysia, New Zealand, Peru, Singapore, Vietnam, in addition to the U.S. While it would build on existing trade ties in the region, critics see it as an unprecedented supersized neoliberal agenda repackaged with the bow of modernization and “development.”

But according to fair trade activists, the deal may end up not only failing to bring significant job opportunities, but laying the groundwork for an economic regime built on offshoring, deregulation and the swapping of national sovereignty for corporatocracy. Read the rest of this entry →

It’s NAFTA x3 as Free Trade Deals Sweep Through Congress

1:38 pm in Uncategorized by Michelle Chen

Cross-posted from Colorlines.com

One day in September, Isidro Rivera Barrera, a contract worker and labor organizer who was campaigning at an Ecopetrol refining facility in Barrancabermeja, Colombia, was reportedly gunned down outside his home. His death was met with the usual silence—just business as usual in a country with one of the world’s worst human rights records for attacks on trade unionists. But now, the hushed suffering of Colombian workers reverberates in the U.S. Capitol, which has just passed a deal to bring even more business-as-usual to Colombia.

Congress last week approved three long-pending trade deals with Panama, South Korea and Colombia. The rationale behind each of them is dubious; there’s little evidence that the agreements will lift up the U.S. economy and plenty that they could lead to massive job loss in key sectors. But free trade deals have always been less about creating jobs than exporting neoliberal ideology to the Global South, thereby accelerating poor nations’ cascade toward low labor standards, environmental exploitation and deregulation. Read the rest of this entry →

Labor Day Showdown: Can Advocates Stop ‘NAFTA of the Pacific’?

4:27 pm in Uncategorized by Michelle Chen

Cross-posted from Colorlines.com

This Labor Day, the Pacific Rim will wash into the Midwest’s flagship city, and activists will confront the tides of global commerce with a demand for global economic justice.

At trade talks in Chicago, the Obama administration will work with other officials to develop a trade agreement that will incorporate Vietnam, Brunei, Singapore, Malaysia, New Zealand, Australia, Chile and Peru. Labor, environmental and human rights groups will gather in the city to warn that the structure, and guiding ideology, of the emerging trade deal could expand a model of free-marketeering that has displaced masses of workers across the globe and granted multinationals unprecedented powers to flout national and international laws.

The provisions of the Trans-Pacific Free Trade Agreement or Trans-Pacific Partnership (TPP) are still under wraps. But the general outline seems to mimic the North American Free Trade Agreement (NAFTA) and similar pacts that have brought political and economic turmoil to rich and poor countries alike. The new negotiations are also taking place amid political friction over pending trade deals with South Korea and Colombia, which have run into opposition over concerns about labor abuses abroad and offshoring of U.S. jobs. Yet the White House continues to push free trade as a path toward the country’s economic revitalization.

So on Monday, activists with Stand Up! Chicago and other groups hope to get ahead of political deal-making by demanding that any new trade deal give greater priority to environmental, labor, and health concerns. The ongoing trade talks offer a tiny opening for advocates to put forward ideas for making trade less hostile to ordinary people. In a way, they’re taking the Obama administration on its own word, because the TPP has been billed as a “21st century” trade pact that will presumably improve on previous trade agreements.

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