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Here's the deal with the TPP. It is a critical component of the financial and strategic future of the United States. Put plainly, Asia and the Pacific Region i
by xnull6guest 12y ago
Here's the deal with the TPP. It is a critical component of the financial and strategic future of the United States.
Put plainly, Asia and the Pacific Region is forecasted by both OECD and the International Monetary Fund to be the primary area of financial growth for the next several decades (while down in the latest report the long term prospects are encouraging). China continues to grow despite recent staggarings; Taiwan is projected to continue acceleration of growth; South Korea with support from China and the United States are planning for reunification with North Korea (and the subsequent acquisition of resource rich lands). The region's development index is cresting a knee on the curve - pairing nicely with its large population, strong trading routes, and stability (compared with the European pressure cooker).
China, the new kid on the block, now the largest creditor nation and second largest economy is leading a trade deal in the Pacific (and a few other invited nations) called AFTA - a trade deal the United States has not been invited to, despite her vocal interest.
The US has done what it can to dissuade allies from joining in on AFTA, and has offered these allies instead membership to an alternative trade deal - one that curiously lacks China, despite its vocal interest...
The Trans-Pacific Partnership represents a keystone in America's 'pivot' to Asia (/'rebalancing'); a bid to win key influence on the rules for international trade policy in the region that will benefit the US - and will exclude China unless it agrees to the some longstanding US wishlists (especially with regard to intellectual property).
It is an unfortunate fact then that what is know from leaked drafts of the trade that it comes with certain trojan horses - administrative and corporate wishlists that could not pass the muster of even a generally distracted domestic voting population, such as requirements mentioned in the article for internet service providers to filter and monitor customer traffic.
It's a sort of damned if you do damned if you don't scenario. The TPP is important for navigating future global financial and international policy options, but bundled with it are laws that would otherwise be rejected at the ballot box.
To summarize it's important to understand the issue broadly: it is dangerous to be a single issue voter. It would be a shame to trade major strategic opportunities for the ability to share ripped DVDs. It would also be a shame to take another step back on internet freedom for international trade whose benefits in the short term are bound to be largely captured by large and multinational corporations. Thus enters the important of a representative government - only a representative government has the perspective to both barter at the macro scale for the benefit of whole of the nation as a singular identity at the same time brokering for the interests and the preferences of the daily concerns and liberties of the regular citizen.
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- defenestration 12y agoThanks for putting TPP in an international perspective. One question, why would an Asian partner accept those strict copyright rules if it puts a big part of their population at risk? What's in it for them?
- xnull2guest 12y agoCapital and trade flows, foreign investment, port access, shipping rights and partnerships. It is also not a one-way street; they get to negotiate in areas they feel with benefit their countries the most as well.
- pdkl95 12y agoSo how much do they pay you to post that "press release"-style post that doesn't actually explain how the TPP would help? You've posted a lot of fear-mongering, but haven't actually shown what would be changed by the treaty. As we already have very little in the way of tarriffs or other barriers to international trade, there isn't a lot that could be done to "improve trade" between US and asia. So why the treaty? The TPP is nothing more than an attempt to legalize the movement of capital. I suggest reading this fun comic that explains the economic history and theories, and what is actually being done to try and consolidate even more wealth. http://economixcomix.com/home/tpp/ http://economixcomix.com/home/tpp/ In the long run, once both goods and capital can be moved freely outside the reach of government regulation - and taxation - we find the true purpose of the TPP in these two terrifying words: Corporate Sovereignty. John Oliver just a good example of the narcissism and greed that we can expect to get a lot worse if the TPP were to pass: https://www.techdirt.com/articles/20150216/17390930032/john-oliver-highlights-ridiculousness-corporate-sovereignty-provisions.shtml https://www.techdirt.com/articles/20150216/17390930032/john-...
- walterbell 12y agoThere is a proposed US-EU equivalent of the Australia - Hong Kong arbitration panel for ISDS (Investor-State Dispute Settlement), http://www.computerworlduk.com/blogs/open-enterprise/ttip-update-l-3596807/ http://www.computerworlduk.com/blogs/open-enterprise/ttip-up... "So what the European Commission is proposing with the dispute resolution chapter is how future clashes with the US over those key social constructs should be resolved. And the answer is: by a three-person arbitration panel. That is, key aspects of everyday life - the social, environmental and safety protections that have been laid down over decades or more - can be thrown out purely on the say of those three people if it is decided that they clash with TTIP. And remember: "The ruling of the arbitration panel shall be unconditionally accepted by the Parties." So if, for whatever reason, the arbitration panel says a well-established regulation protecting health and safety, or the environment, has to go, well, it has to go, even if the vast majority of the public that it will effect disagrees."