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Trans-Pacific Partnership (TPP): Corporate Power Tool of the 1%
with
Lori Wallach, Dir. Of Public Citizen’s Global Trade Watch
Trans-Pacific Partnership (TPP): Corporate Power Tool of the 1%
with
Lori Wallach, Dir. Of Public Citizen’s Global Trade Watch
Recently WikiLeaks released "the secret negotiated draft text for the entire TPP (Trans-Pacific Partnership) Intellectual Property Rights Chapter. The TPP is the largest-ever economic treaty, encompassing nations representing more than 40 per cent of the world’s GDP." WikiLeaks is sparking a public debate about the contents of this agreement that wasn't possible when the agreement was secret from public opinion. The TPP is much more than a trade and tariffs agreement, it will give transnational corporations greater control over our food policies, Internet access, medicines and health care, the environment, regulation of banks and labor standards. The TPP provides for trade tribunals permitting corporations to sue governments for the loss of “expected future profits,” if a country passes an environmental or a health law that will “cost the corporation money.” Indeed corporations will have inordinate power over virtually every aspect of our lives. Building Bridges entertains the discussion with Lori Wallach on the TPP that WikiLeaks intended.
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