General Discussion
In reply to the discussion: America is about to make a horrible mistake all over again [View all]sulphurdunn
(6,891 posts)one refers to them in various ways. They are essentially huge associations of diverse people. When referring to trade treaties one should always ask who benefits? With the TTP as with NAFTA it is promised that everyone in the countries involved will benefit. it is debatable if that happened with NAFTA. What is not debatable is that those with the resources to invest in global finance benefited greatly. It is also arguable that they did so to the detriment of American labor. Regardless, Obama's team is up to a lot more than just tightening the rules. When foreign investors sue and win cases under these agreements, the taxpayers foot the bill. If foreign investment shies away from a country because it has good labor standards and environmental laws, so be it. I am very much not into making the world safe for global capital until it is also safe for global labor and the biosphere.