The Trans-Pacific Partnership is slated for an up-or-down vote in Congress. Proponents say it’s about free trade. But it looks more like corporate colonization.
One issue unites three U.S. presidential candidates from quite different positions on the political spectrum. Donald Trump, Hilary Clinton, and Bernie Sanders all oppose the Trans Pacific Partnership (TPP).
The TPP is a trade and investment agreement between the United States and 11 other Pacific Rim nations now awaiting an up-or-down vote by the U.S. Congress. Trump says it’s a bad deal for the United States. Clinton says it will cost jobs and lower labor, food safety, and environmental standards. Sanders says it is a corporate assault on democracy.
Trump is right: It’s a bad deal. But he’s wrong that it’s bad only for the United States. It’s actually bad for all of the 12 countries. Clinton is right that it will cost jobs and lower standards, but she’s wrong that the problem is failing to set the bar high enough.
Only Sanders names the most essential reason we must reject the TPP: It is an all-out corporate assault on democracy. Its approval would empower corporations to further hamstring efforts by any member nation to address the potentially terminal environmental, social, and economic threats of our time.
International agreements like the TPP are a corporate lobbyist’s dream. Click HERE to read the playbook for creating them.