Category International Economy
The Paris talks signalled an important change in the climate movement as thousands of activists gathered from all over the world to organise global action.
When it comes to the TPP, there is very little by way of free trade promotion in this deal.
A coalition of trade unions in India representing some 180 million workers staged a one-day general strike on Friday, September 2, in protest of what they called the “anti-worker and anti-people” policies of Prime Minister Narendra Modi. …Assocham, India’s chamber of commerce, estimated that the economic impact of the strike was $2.4 billion–$2.7 billion (Hindustan Today, 9/3/16).
The pith helmets may have long gone, but the blood has never dried. A nineteenth century contempt for countries and peoples, depending on their degree of colonial usefulness, remains a centrepiece of modern “globalisation”, with its perverse socialism for the rich and capitalism for the poor–
So the most consequential parts of the deal would actually undermine the free flow of goods and services by expanding some protectionist, anti-competitive policies sought by global corporations.
Will the American public passively permit another massive bailout of the banks? Will it accept more punishing programs of austerity to pay for this bailout? Will a viable socialism rise out of the economic chaos to halt further looting of the U.S. Treasury and the continued reconfiguration of the economy into neofeudalism?
The Brexit vote showed how out of touch the elites are with the lives of the people in England. They are unaware how austerity, unfair incomes and lack of wealth makes life unbearable for many. The same is true throughout the globalized economy, which is rigged for the 1% around the world.
WikiLeaks | The US strategy to create a new global legal and economic system: TPP, TTIP, TISA (Video)
An older video full of good information about the TPP and related trade agreements why we should not support them. TheWikiLeaksChannel Published on Aug 18, 2015 Media for the people! Click here to help Rise Up Times continue to bring you vital analysis of and commentary about current issues you won’t find in the mainstream corporate media. No Peace! […]
If the GPI is right about what produces peace, you’d have to conclude that the US is heading toward increased violence.
Similarly to the TPPA, matters of climate change get short shrift, notably in the chapter covering National Treatment and Market Access for Goods. Showing yet again that a privileged corporate interest is inherently hostile to the commonweal, trade is deemed a domain outside the impact of climate change.
Most of these people with offshore accounts are just trying to avoid paying taxes, but many of them are corrupt politicians and other criminals.
Parry: There is nothing wrong with having machines do more of the drudgery and give humans more time to enjoy life. The problem comes when the benefits accrue to a tiny minority and the rest of us are forced to work harder or face declining living standards.
Video: Chris Hedges and author Vijay Prashad trace the acceleration of U.S. militarism since the collapse of the Soviet Union, and discuss the consequences of U.S. domination over global affairs, in this episode of teleSUR’s Days of Revolt.
Article: “The text of the TPP’s intellectual property chapter confirms advocates’ warnings that this deal poses a grave threat to global freedom of expression and basic access to things like medicine and information. … But the sad part is that no one should be surprised by this. …”
Democracy Now! | ▶ Naomi Klein on Visiting the Vatican and the Radical Economic Message Behind Papal Climate Encyclical
DN!: We speak to Klein about her trip to the Vatican and the importance of the pope’s message – not only on climate change, but the global economy.
U.S. political economists Michael Hudson and Bill Black tell The Real News Network that western financial institutions are keen to bail out Greece because if they didn’t, Greece’s existing creditors—other western financial institutions—would fail to recover money they previously lent to Greece. ◊ truthdig.com realnewsnetwork.com July 1, 2015 ◊ The experts say the ongoing bailout […]
Originally posted on Yanis Varoufakis:
The Eurogroup Meeting of 27th June 2015 will not go down as a proud moment in Europe’s history. Ministers turned down the Greek government’s request that the Greek people should be granted a single week during which to deliver a Yes or No answer to the institutions’ proposals – proposals crucial for Greece’s future…
Pitt: First, the very existence of the TAA bill means these people in DC know the trade bill will be a job-destroyer in the US. Otherwise they wouldn’t bother, period.
Second, $700 million per year isn’t nearly enough to help all those who will have to hit the bricks once their jobs go away, so $450 million is basically a bad joke.