nakedempire


The American Empire in a Changing World



Pages

Thursday, July 5, 2012

''When Corporations Are Answerable Only to Themselves''

From Counter Punch
Paul Craig Roberts

''The agreement essentially abolishes the accountability of foreign corporations to governments of countries with which they trade. Indeed, the agreement makes governments accountable to corporations for costs imposed by regulations, including health, safety and environmental regulations. The agreement gives corporations the right to make governments pay them for the cost of complying with the regulations of government.

Many will interpret the TPP as another big step toward the establishment of global government in the New World Order.  However, what the TPP actually does is to remove corporations or the spillover effects of their activities from the reach of government. As the TPP does not transfer to corporations the power to govern countries, it is difficult to see how it leads to global government. The real result is global privilege of the corporate class as a class immune to government regulation.''

read more 

No comments:

Post a Comment