General Discussion
In reply to the discussion: U.S. Wins WTO Case to destroy India's Solar Power Industry [View all]Baobab
(4,667 posts)Last edited Sun Feb 28, 2016, 08:46 PM - Edit history (1)
The FTAs are based o neoliberal ideology - which is right wing ideology.
Look at Cameron in the UK. Classic neoliberal. Hillary is a neoliberal too, so was Bill Clinton.
Somebody remind me why anybody would see Obama or Hillary or even Bill- knowing what we know now. as "liberal" in the US meaning of the word.
To leave the US would have to compensate the injured parties for their expected lost profits.
Thats the whole idea, creating a binding lock in, that gives corporations legal supranational property rights to a ratchet like state where all the things that are profitable for corporations are captured and irreversable, and the country cannot withdraw nor can they reverse course on progressive liberalisation no matter how much the poor things want to. I often find myself thinking that we'll basically be looking at a world owed by corporations fairly soon, nations are basically losing ground very quickly and the governments, especially the US are literally owned by the large baking firms and other corporate interests, and they go about their business with basically zero care any more for what the impact is on people.
Also, the 20th century institutions are being rendered irrelevant by the new corporate global governance which is based on money being everything of course, so the trade deals systematically reject and nullify anything that puts people above money, democracy especially.
Countries now basically are a means off dividing up the world, selling rights, etc.. Also they help justify wars. Neither Presidential elections nor revolutions nor dissolutions of the country change these new corporate ownerships of everything economically relevant- . Once one is signed, conditions are carved in stone unless they agree in advance to compensation, based on expected lost profits. So I can see at least - maybe three of four trillion dollar bailouts per deal - in each of the at least four pending FTAs. Why else would they put all this effort into them? They end democracy. They make government a mae for TV drama.. Thats the real scary part of whats happening, the Presidential election is basically more and more likely to soon be totally irrelevant and government we see a show, made for TV entertainment.
Thats the way totalitarian governments ALWAYS do government, BTW.