Monthly Archives: June 2014

TPP – Part 2

Should we be worried?I introduced the TPP in my last post. It’s been receiving a lot of coverage online, but very little via mainstream news sources, nevertheless it’s something we all need to be aware of. I recently came across this post giving 5 reasons to protest the TPP and it makes a lot of alarming but apparently valid points. The bottom line is what most grabbed my attention, ‘Corporate Power over Governments and Citizens.’ I can’t quite wrap my head around the idea that a corporation will be granted more power than a government. So I started looking for examples on how this is likely to play out in the future. There is a worry that enshrouded within the secrecy of the TPP lie powers which will grant corporations the ability to sue governments for impeding their business. This example from a few years ago shows what could follow if the TPP is pushed through. As I mentioned in the last blog, Australia seems to following America’s lead very closely when it comes to the TPP, doesn’t this seem a bit silly when we’ve already had a taste of what corporations are likely to do once they gain these powers?

For anybody seeking further information regarding the TPP, I found this video an intriguing angle to consider.

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TPP – Part 1

TPPIn this post I want to talk a little about the TPP. It’s a huge issue the resolution of which will affect the relationships between corporation and governments for years to come. Firstly, TPP stands for Trans-Pacific Partnership. It’s a free-trade agreement designed to open up and encourage international trade between groups of countries. The contents of the agreement have been in negotiation since 2010 with additional rounds of negotiations having taken place 4 or 5 times a year since then. I’m alarmed, as all Australians are being encouraged to be, because these negotiations which are happening so regularly are virtually 100% clandestine. Details of what is being discussed within the meetings are few and far between with warnings coming from several prominent analysts (and at least one Nobel prizewinner) that the agreement will benefit only the wealthiest of the world. Even though protests are erupting on-line and on streets all over the globe, it looks like the mystery shrouding this agreement will be tough to tear down. One thing seems certain however, that here in Australia with Abbott at the helm, it’s looking like the TPP is not going to disappear any time soon.