Tag Archives: Free trade

The Dangers of Helping Corporations Sue Governments

The Dangers of Helping Corporations Sue Governments
As the Obama administration negotiates new trade agreements with European and Pacific nations, a battle has emerged over the agreements’ egregious rules that grant giant corporations unreasonable powers to subvert democracy. These rules, dubbed “investor rights” by the corporations, allow firms to sue governments over actions—including public interest regulations—that reduce the value of their investments. Oxfam, the Institute for Policy ... Read more

Obama’s Trade Deal Would Deepen Income Divide

Obama’s Trade Deal Would Deepen Income Divide
“Those at the top have never done better,” President Obama ruefully acknowledged in his January 28 State of the Union speech. “But average wages have barely budged. Inequality has deepened.” Yet, moments later, Obama heartily endorsed the Trans-Pacific Partnership (TPP), which as drafted directly reflects the demands of “those at the top” and would, if passed, severely intensify the very inequality spotlighted by the president. The TPP would ... Read more