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Noam Chomsky on why TIPP is not a trade agreement
WEBVTT Kind: captions Language: en
00:00:00.030 the so-called free trade agreements are 00:00:02.84000:00:02.850 not free trade agreements in fact to a 00:00:05.53900:00:05.549 large extent they're not even trade 00:00:07.13000:00:07.140 agreements these are investor write 00:00:09.50000:00:09.510 agreements there's a reason why they're 00:00:11.74900:00:11.759 kept secret from the public and as soon 00:00:14.48000:00:14.490 as you look at them you see why notice I 00:00:17.30000:00:17.310 say secret from the public not secret 00:00:20.24000:00:20.250 they're not kept secret they're not 00:00:22.55000:00:22.560 secret to the corporate lawyers and 00:00:25.42900:00:25.439 lobbyists who are writing the detailed 00:00:28.07000:00:28.080 regulations of course in the interests 00:00:31.04000:00:31.050 of their constituents not doesn't happen 00:00:34.91000:00:34.920 to be the public of the world of their 00:00:36.59000:00:36.600 own countries so these are highly 00:00:39.17000:00:39.180 protectionist for the benefit of a 00:00:42.83000:00:42.840 private power so-called intellectual 00:00:45.41000:00:45.420 property rights raised effectively 00:00:50.42000:00:50.430 raised tariffs they're called patents 00:00:52.54900:00:52.559 but very which have an enormous impact 00:00:55.54900:00:55.559 on economies great wonderful for 00:00:59.33000:00:59.340 pharmaceutical and media conglomerates 00:01:02.06000:01:02.070 and others investors corporations are 00:01:05.66000:01:05.670 given the right to sue governments 00:01:09.13000:01:09.140 something you and I can't do but a 00:01:11.48000:01:11.490 corporation can to sue governments for 00:01:14.81000:01:14.820 harming their future potentially future 00:01:18.44000:01:18.450 profits you can figure out what that 00:01:21.08000:01:21.090 means in such cases already in the 00:01:23.92900:01:23.939 courts for they're not in the courts 00:01:25.88000:01:25.890 they go to private trade adjudication 00:01:30.17000:01:30.180 groups made up largely of corporate 00:01:32.27000:01:32.280 representatives they're already going on 00:01:34.73000:01:34.740 with NAFTA and we can expect more of 00:01:38.21000:01:38.220 them there are provisions that undermine 00:01:42.10900:01:42.119 efforts at regulation including 00:01:45.67900:01:45.689 incidentally regulation of environmental 00:01:50.67900:01:50.689 dangers and rather strikingly the phrase 00:01:54.99900:01:55.009 climate change does not appear in these 00:01:58.63900:01:58.649 280 pages which are illustrative of the 00:02:02.74900:02:02.759 whole structure
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