Forest of Dean & Wye Valley

the threat to our future: BETTER OFF WITH TTIP? BETTER OFF WITHOUT!

In John Wilmot on June 25, 2015 at 12:04 pm

They like to keep it a secret, but the looming menace of TTIP (short for the Transatlantic Trade and Investment Partnership) poses a threat to us all.

It’s a concept first unveiled by the American administration back in 2013. This so-called “free trade” deal sounds harmless enough – until you read the small print of course. And those backing it want to keep this as small as possible.

It may “free up” trade, as its supporters claim, but who will benefit? In fact it’s a cunning plan to shift power to transnational capital, freeing up the markets for globalised capitalism (much of it American based of course). The instigators of TTIP want to spread this octopus-like “partnership” first through Canada and then Europe.

WE HAVE BEEN WARNED:

According to Mark Dearn of the charity “War on Want” “TTIP ushers in a massive shift of power to transnational capital. This will lead to job losses, the privatisation of our public services (and the blocking of any attempts at re-nationalisation), the erosion of social health and environmental protections and the eradication of equality before the law through a system of corporate courts for suing states.” (From the Morning Star, April 18th).

When it comes to negotiating the deal, this is in the hands of the EU, acting on behalf of its 28 member states. But as far as we’re concerned in the UK, David Cameron has already given it an enthusiastic welcome. And even the Liberal Democrats (before they were slaughtered in the election) greeted it warmly, claiming that it leave Britain £10 billion a year better off.

The reality will be very, very different. There will be those who’ll get even richer from its implementation, of course, but for ordinary workers, our social services and our social infrastructure, the impact could be dire. Perhaps it’s no wonder that it’s received so little coverage in the mass media. There have been no documentaries on TV or radio, and nothing much in the mass circulation newspapers, leaving any coverage of what’s at stake to what’s become known as “social media”.

Already in Canada there has been repeated legal action to prevent the passing of moratoriums on fracking or revoking patents on drugs with unproven benefits.

But in Europe, the fightback is beginning.  There have been mass petitions (gaining some 1.65 million signatures at the last count), and demonstrators have taken to the streets in protest. Again, there has been little coverage in the UK media.

As Mark Dearn of “War on Want” says,  “we are fighting to retain some control over the fundamentals of our own lives: what we eat, whether corporations can control and profit from our education, healthcare… our working conditions and the ability of democratic government to enact social, health and environmental legislation without the sanction of litigation in corporate courts.”

JOHN WILMOT

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