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Keyword: ‘Transatlantic Trade and Investment Partnership TTIP ’

Canada’s Experience Warns of Dangers of Investor-State Dispute Settlement Systems

July 30, 2014 3 comments

The more troubled the global economy becomes, the more insistent do neoclassical economists get with their arguments for still more free trade and globalization — and the more rose-coloured are the gains they predict from the next free trade deal.  Never mind that existing trade liberalization (under neoliberal terms) has produced imbalance, a tendency to stagnation, and a socially destructive race to the bottom in the interests of competitiveness.  The promised gains from trade are always just around the corner, to be unlocked by new twists in trade negotiations (and proselytized with the help of new twists in neoclassical economic modeling). Read more…