A left/liberal perspective on the TPPA and the US elections
Gordon Campbell on the Treaty/TPP overlap, and the Iowa backwash
3 february, 2016
The people who point out that we already have investor-state dispute settlement provisions in other trade deals and ‘so far so good, we haven’t had to worry about them’ …man, that is such an absurd argument. When it comes to arms reduction and nuclear proliferation, do we say ‘Hey, we haven’t had World War III yet, so its OK to keep on building the bombs and spreading them around?’ No, we aim to restrict the prevalance of the weapons, we don’t make them easier to use, and we don’t try to claim that they ‘protect’ us. Meaning: the fears about the ISDS provisions in the Trans Pacific Partnership deal are well-founded. The reality is that there is a sharp uptick in the occurrence of ISDS litigation in developed countries, and even the right wing likes of The Economisthave been souring on the process for some time.