Replace the TPP with a $100 trillion world trade program

[kpete]

Monday, May 4, 2015

.....the fundamental problem with the idea of free trade is that it was never conceived or implemented as a means to the end of nation building. Rather, the doctrinal basis of free trade were created as a justification for the pillaging, plundering, and outright murder committed by oligarchs: the slave trade, and the opium trade and Opium War of the British East India Company. Free trade was never intended as a justification for sovereign nation states seeking to develop their own economies in their own interests by steering their own course in human affairs in defiance of the international masters of trade and finance. Rather, the doctrine of free trade has always been the excuse used by oligarchs to suppress, subvert, and squash any independently minded program of actual national economic development.

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Someday - after Americans give Republicans one last chance in the White House to totally wreck the economy - we will hopefully hear an American President deliver a speech along the following lines:

My fellow Americans:

Effective immediately, your government of these United States is serving notice that it is withdrawing from the World Trade Organization, the Trans-Pacific Partnership, the North American Free Trade Agreement, and from all other so called free trade agreements of the past two decades.

In the place of these destructive trade agreements, which history shows have only served to enrich the wealthy and perpetuate in power the privileged, we are beginning negotiations with any and all countries who wish to join us in a $100 trillion program to stop and even reverse climate change.

This $100 trillion program is designed to switch the world economy from its dependence on burning fossil fuels, to totally sustainable renewable energies, within the next 15 years. This program requires the manufacture and building of:

3.8 million 5-Mega-Watt wind turbines;
49,000 300-Mega-Watt concentrated solar plants;
40,000 300-Mega-Watt solar power plants;
1.7 billion 3-kilo-Watt rooftop photvoltaic (PV) systems;
5,350 100-Mega-Watt geothermal power plants;
270 new 1,300-Mega-Watt hydroelectric power plants;
720,000 0.75-Mega-Watt wave devices; and
490,000 1-Mega-Watt tidal turbines.
.........

This $100 trillion program is actually well within our capability: the entire world economy produces $71 trillion in goods and services each year (of which the U.S. economy produces around $16 trillion). $100 trillion over 15 years is just under $7 trillion a year. That’s just a ten percent increase in world output, right now.


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the rest:
http://real-economics.blogspot.com/2015/05/replace-tpp-with-100-trillion-world.html

[delrem]

1. TPP is written by and for investment bankers.

In the leaked documents that I've read, no other interest except those of investment bankers are considered.
No other interests are defined.

In the leaked documents that I've read, all people of all countries that are party to the TPP, are equally fucked, and investment interests have total, exclusive, domination.

[Elwood P Dowd]

2. Yep, I've been saying for years our so called "Free Trade" deals are nothing more than

outsourcing/investment scams designed to enrich the mega-rich and corporate crooks but masquerading under the feel good name of "Free Trade". Now that people are wising up to the name of the scam, the new ones will be called "Partnerships".

[SoapBox]

3. We certainly have heard and witnessed the "giant, sucking sound".

I remember laughing at what Perot said...there is no laughing now.