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  • Eyes on Trade is a blog by the staff of Public Citizen's Global Trade Watch (GTW) division. GTW aims to promote democracy by challenging corporate globalization, arguing that the current globalization model is neither a random inevitability nor "free trade." Eyes on Trade is a space for interested parties to share information about globalization and trade issues, and in particular for us to share our watchdogging insights with you! GTW director Lori Wallach's initial post explains it all.


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May 08, 2012

TPP = Corporate Power Tool of The 1 Percent

DALLAS- Tuesday, the Trans-Pacific Partnership (TPP) twelfth round of negotiations will begin behind closed doors at the Intercontinental Hotel here. Branded as a "trade deal" by its corporate proponents, the TPP in reality would establish new corporate rights to ease job offshoring, attack environmental and health laws in foreign tribunals and extend medicine patents. Its expansive non-trade provisions would impose constraints on government regulation of financial firms, food safety and more. As the Huffington Post's Zach Carter reported, the TPP would even ban "Buy America" procurement policy.

The TPP also includes aspects of SOPA, the controversial Stop Online Piracy Act. The pact would even elevate corporations to equal status with signatory governments allowing them to privately enforce their new rights be suing government in foreign tribunals to demand taxpayer compensation for policies that undermine the companies' expected future profits. Intensive negotiations have been underway for two years under conditions of extreme secrecy. More than 600 hundred corporate "advisors" have access to the draft texts while the press, public and Congress are shut out. This comic video, set to a parody tune based of the Jackson Five's ABC, aims to pierce the dangerous lack of public awareness about this audacious corporate power grab. With funny animation and a sarcastic tone, it highlights that the TPP is "all about secrecy" and has "nothing to do with trade you see". You can learn more about the TPP at www.TPP2012.com


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Klein Trial Lawyers

Your video effectively touches on the number of very real concerns people should have about the TPP negotiation. Simply put, critics are correct to call attention to the lack of transparency, and it is unfathomable that an international trade agreement could drastically affect domestic law without having to go through the legislative process. American companies needs to know that the TPP will not compromise intellectual property protections.

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Thanks for an amazing put up, especially as it contains information I haven’t read before….!

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