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That's because the TPP contains clauses gifting an override of sovereignty and the political will of the people agaisnt Corporations. Any country attempting to
by kevin_b_er 7y ago
That's because the TPP contains clauses gifting an override of sovereignty and the political will of the people agaisnt Corporations. Any country attempting to regulate a modern asbestos would find themselves under massive financial penalties.
You need look no further than Philip Morris v. Uruguay to understand the fundamental absolute danger of investor-state dispute settlement to the people of a country.
As such, it was rightly opposed as it had been poisoned by greed against the people. The TPP was profit over people as a result. They could've opposed china with it, but some western oligarchs would've eventually weaponized it against the people.
Disclaimer: I'm aware tobacco interests were explicitly carved out of the TPP. That doesn't save us from anything else in the future, it just shows the root problem of profit over people remained in the TPP.