A Partial Privatization of Justice (tags)
On www.socialeurope.eu, Richard Trumka of the AFL-CIO warns that the TTIP is a secret tribunal where only foreign investors can sue. The TTIP brings a crisis for democracy and the constitutional state by creating a parallel private arbitration system with irrevocable decisions.
Politics Faded Out the Constitutional Offensiveness of Trade Agreements (tags)
The arbitration jurisdiction with the ISDS mechanism is the most controversial point of the two trade agreements. US corporations could file lawsuits against the German prohibition of gas production through fracking. Public interest laws could be stylized as "indirect expropriation."
Comments on the European Commission's approach to investor-state arbitration (tags)
Gus Van Harten is an associate professor at Osgoode Hall Law School, York University
Fast Track, TPP and TTIP Should Be Scrapped! (tags)
How scandalous that communities and states should lose sovereignty to corporations! In the TTIP, corporations can sue states for lost profits. Public interest legislation can be called a trade barrier or indirect expropriation.
TTIP: Redistribution of Power, not Free Trade (tags)
The TTIP (Transatlantic Trade and Investment Partnership agreement) involves the redistribution of power away from the parliaments and to the executive and its unelected lobbyists. The TTIP does not involve freedom of trade.
Political economies are calibrated to a form of economics oriented exclusively in competitiveness and high profits...The selling off of public services through the agreement on trade with services and the new edition of MAI were prevented because of social protest.
Anti-Democratic Straitjackets (tags)
The TTIP Transatlantic Trade and Investment Partnership (also called TAFTA) is an undemocratic corporate investment agreement that allows corporations to sue sovereign states for lost profits. This agreement negotiated in secret since 2013 does not allow states to sue.
Analysis of the TTIP chapter on food safety (tags)
The TTIP, Transatlantic Trade and Investment Partnership, being negotiated behind closed doors allows corporations to sue states for lost profits in 3-person arbitration courts. Only corporations can sue and judgments are not reviewable.
TTIP Undermines the Constitutional State (tags)
TTIP, Transatlantic Trade and Investment Partnership, is a deregulation agreement, a great redistribution project benefiting mammoth corporations at the expense of women and the 99%. Loud protest caused the EU commission to suspend negotiation on the investor right to sue.
Investment Protection at a Crossroads (tags)
TTIP gives foreign investors the right to sue sovereign governments before ad hoc arbitration courts when lost profits occur as a result of political decisions. These decisions cannot be appealed and undermine social, environmental and labor regulations.
TTIP: Deregulation, Attack on Jobs and End to Democracy (tags)
This booklet, written by John Hilary, Executive Director of War on Want, explains in short what TTIP is and how it will affect the lives of all of us if it comes into force. The Rosa-Luxemburg-foundation tries to cast some light into this secretly negotiated treaty.
In the Whirlpool of Deregulation (tags)
The economy changed from real- to finance capitalism since the 1970s. This was not an accidental development. The economic researcher Stephan Schulmeister sees a pattern where deregulation created problems that were fought with more deregulation.
Transatlantic Trade and Investment Partnership (TTIP), 41 pp (tags)
The Investor-State Dispute mechanism gives corporations the status of nation states. The Swedish energy corporation Vattenfall is suing Germany for 1 billion Euros for stopping nuclear power too quickly!