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If the arbitrators had any democratic oversight, it would be less bad - protecting investments in a fair manner is important - yet the tribunal looks like a pri
by emp_zealoth 10y ago
If the arbitrators had any democratic oversight, it would be less bad - protecting investments in a fair manner is important - yet the tribunal looks like a private get together - where they can shit on an entire country and no one really has any power to stop it.
- noobermin 10y agoI wonder about this. I think the need for oversight of multinational corporations sort of requires an international democratic government then. I'm not sure how else you can have democratic oversight outside of a government that assures that it really is democratic and that those they regulate have full force of a law. Appointments from elected heads (ie., UN) only goes so far, because no one really listens to them anyway. What alternatives do we have[0]? [0] Honest question, I would like to see opinions on this, because it seems like the eventual result of globalism really is a world government.