General Discussion
In reply to the discussion: BREAKING: WikiLeaks Leaks TPP Draft!!! [View all]LiberalLovinLug
(14,658 posts)The net result of this passing is not about foreign companies, but multinational companies, many are US based, but they have no allegiance to any country, even their own. These companies only look to the bottom line. Under law, Capitalism demands this. So they can say go into a country (even the US) that requires a fair maternity leave for instance, and say that under TPP, they don't have to abide by the same rules, because it will lessen their profits. The same goes for labour laws, worker safety, environmental protections etc..
This bill has nothing to do with improving China's workers conditions. It has more to do with some Chinese multinational corp being able to operate in a country such as the US without having to abide by any of the US's labor laws. Do you really think it will work the other way? You're dreaming if you think some giant multinational will voluntarily cut into their own profits, and give their competition a leg up, by NOT squeezing the most from this agreement.....which means squeezing the workers.
This was the opposition to the North American Free Trade deal by unions and environmental groups. That all kinds of rights were built into the agreement for corps, but with no standards for wages, rights, protections etc..So that a Canadian or American company could more easily move their factory down to Mexico where there are less requirements for say pollution controls, and fair wages and benefits. This agreement is like that only includes more of the world.