TTIP is the so-called free trade agreement between the EU and the US which specifically wants foreign investors in private courts with special rules to be able to sue the agreement countries whose decisions may lead to reduced opportunities for increased profit for said foreign investors. This really threatens the possibility of strengthening welfare, environmental and consumer rights. There are an awful lot of…
Category: efta
System error in the right-wing capitalist model
Optimizing economic growth is like making a body function in an economic bloodstream. If the head hoards all the blood, then the body collapses when the rest of the body parts such as the heart, hands and feet do not receive any blood. Therefore, greed, which is the engine of the right-wing capitalist system, does not work.