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by Richard Heinberg, Commondreams.org, Countercurrents: http://www.countercurrents.org/heinberg150114.htm
The past couple of decades of globalization have been a disaster for planetary ecosystems, indigenous peoples, and most middle-class citizens, but a gravy train for big investors, investment bankers, and managers of transnational corporations.
This
unprecedented expansion of international trade was driven by the
convergence of key resources, developments, and inventions: cheap oil,
satellite communications, container ships, computerized monitoring of
inventories, the flourishing of multinational corporations, the
proliferation of liberal trade treaties (including NAFTA), and the
emergence of transnational bodies such as the World Trade Organization.
Economists said everyone would eventually
benefit, but casualties quickly mounted. Inflation-adjusted wages for
American workers stagnated. Manufacturing towns throughout the Northeast
and Midwest withered.
Meanwhile, China began burning immense amounts of
coal to make mountains of toys, furniture, clothing, tools, appliances,
and consumer electronics, cloaking its cities in a pall of toxic fumes
and driving its greenhouse gas emissions to world record-setting levels.
In effect, the United States has been importing cheap consumer goods
while exporting jobs and polluting industries. In both China and the US,
levels of economic inequality have soared.
Now comes the Trans-Pacific Partnership
(TPP), a new trade deal negotiated in secret (only corporations get to
contribute to, and look at, the draft language).
The point of the
Treaty: to double down on globalization at precisely the moment in time
when the entire enterprise is beginning to fail as a result of
stubbornly high oil prices, worsening climate change impacts (floods,
droughts, wildfires), debt deflation, and middle-class fears of losing
even more ground.
The entire text of (the leaked) TPP is
vast - thousands of pages - and it contains little-known provisions that
would give companies sweeping powers to sue local governments or entire
countries over any law a company deems an impediment to reaping maximum
profits.
For example, if a city, county, or state were to ban fracking
within its jurisdiction, oil companies could overturn the ban and sue
for millions of dollars in lost profits.
Want to label GM foods? Sorry,
that’s a barrier to trade. Want local schools to buy healthy food from
local farmers? Nope, that might violate the rights of Big Ag. Want to
protect a forest? Stand aside, you’re in the way of profits.
Congress is about to vote on whether to
fast-track TPP. If approved, fast tracking would mean an up-or-down vote
with no possibility for Representatives or Senators to reject or amend
any provision within the Treaty.
If fast track fails, the Treaty will
immediately bog down in legislative limbo, so this vote effectively
seals TPP’s fate.
Who’s for fast track? Pro-big-business Republicans and
pro-big-business Democrats. Who’s against it? Rabid-right Republicans
who want to deny President Obama any legislative achievement whatever,
and pro-labor, pro-environment Democrats. The latter groups,
contradictory as their interests may otherwise be, just might control
enough votes to kill TPP.
For the community resilience movement, a
great deal rides on this vote. TPP would grease the tracks leading to
ecosystem ruin while frustrating efforts to build sustainable local
economies.
Educate yourself on the issue (see this fact sheet) and let
your congressional representatives know what you think by contacting
them here.
This work is licensed under a Creative Commons Attribution-Share Alike 3.0 License.
Richard Heinberg is a
senior fellow at the Post Carbon Institute and the author of eleven
books, most recently Snake Oil: How Fracking's False Promise of Plenty
Imperils Our Future.
Previous books include The Party’s Over: Oil, War,
and the Fate of Industrial Societies, Peak Everything: Waking Up to the
Century of Declines, and The End of Growth: Adapting to Our New Economic
Reality.
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