Former US Labor Secretary Robert Reich has opposed the TPP because he says it would delay cheaper generic versions of drugs, and due to its provisions for international tribunals that can require corporations be paid “compensation for any lost profits found to result from a nation’s regulations.”
Robert Reich: A Trans-Pacific Partnership would be devastating
Robert Reich, salon.com | 5 February 2015
This short video by Robert Reich (although it’s from a “left-wing” source) gives a good summary of the concerns about TPP. Quoting part of it:
. . . Yet it’s been devised in secret . . . Big corporations and Wall Street get an international tribunal of private attorneys outside any nation’s legal system that can order compensation for any lost profits found to result from a nation’s regulations. That means even US-based corporations could challenge any US government regulation they claim unfairly diminishes their profits. Say, laws that protect American consumers from unsafe products or unhealthy foods, that protect workers, block toxic emissions or prevent another tax-payer funded bailout of Wall Street. The Obama administration says the trade deal will boost US exports, but the deal will also allow American corporations to outsource even more jobs abroad. In other words, it’s a Trojan horse in a global race to the bottom, giving big corporations and Wall Street banks a way to eliminate laws and regulations that get in the way of their profits . . .
All of these concerns are no doubt very well informed, but most of the actual treaty is secret except for a couple of leaks.
The main thing to realize is that most politicians in most of the countries involved, including Canada, seem to not care at all about it and don’t want to do anything to stop it. That’s how the system works. They just follow along with their bosses as trained seals and don’t care about the people they supposedly represent. Same thing with NAFTA. Same thing with the United Nations summits.
The Canadian media during the current federal election spends all its time talking about nonsense (fake “crises” agit-prop or wall to wall trivia) because the media works for the same people, and it has this false reality it still wants to sell us to keep us distracted as we are herded into a world scientific dictatorship.