The TPP is called a "trade agreement,' but in actuality it is a long-dreamed-of template for implementing a binding system of global corporate governance as bold as anything the world's wealthiest elite has attempted before. Of the 26 chapters under negotiation, only a few have to do directly with trade. The other chapters enshrine new rights and privileges for major corporations while weakening the power of nation states to oppose them. The TPP essentially proposes to establish a parallel system of justice where companies can sue countries in a tribunal of judges composed of unaccountable international trade lawyers with little to no process for appeal.
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