Noam Chomsky on why TIPP is not a trade agreement

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Language: en

00:00:00.030
the so-called free trade agreements are
00:00:02.840 00:00:02.850 not free trade agreements in fact to a
00:00:05.539 00:00:05.549 large extent they're not even trade
00:00:07.130 00:00:07.140 agreements these are investor write
00:00:09.500 00:00:09.510 agreements there's a reason why they're
00:00:11.749 00:00:11.759 kept secret from the public and as soon
00:00:14.480 00:00:14.490 as you look at them you see why notice I
00:00:17.300 00:00:17.310 say secret from the public not secret
00:00:20.240 00:00:20.250 they're not kept secret they're not
00:00:22.550 00:00:22.560 secret to the corporate lawyers and
00:00:25.429 00:00:25.439 lobbyists who are writing the detailed
00:00:28.070 00:00:28.080 regulations of course in the interests
00:00:31.040 00:00:31.050 of their constituents not doesn't happen
00:00:34.910 00:00:34.920 to be the public of the world of their
00:00:36.590 00:00:36.600 own countries so these are highly
00:00:39.170 00:00:39.180 protectionist for the benefit of a
00:00:42.830 00:00:42.840 private power so-called intellectual
00:00:45.410 00:00:45.420 property rights raised effectively
00:00:50.420 00:00:50.430 raised tariffs they're called patents
00:00:52.549 00:00:52.559 but very which have an enormous impact
00:00:55.549 00:00:55.559 on economies great wonderful for
00:00:59.330 00:00:59.340 pharmaceutical and media conglomerates
00:01:02.060 00:01:02.070 and others investors corporations are
00:01:05.660 00:01:05.670 given the right to sue governments
00:01:09.130 00:01:09.140 something you and I can't do but a
00:01:11.480 00:01:11.490 corporation can to sue governments for
00:01:14.810 00:01:14.820 harming their future potentially future
00:01:18.440 00:01:18.450 profits you can figure out what that
00:01:21.080 00:01:21.090 means in such cases already in the
00:01:23.929 00:01:23.939 courts for they're not in the courts
00:01:25.880 00:01:25.890 they go to private trade adjudication
00:01:30.170 00:01:30.180 groups made up largely of corporate
00:01:32.270 00:01:32.280 representatives they're already going on
00:01:34.730 00:01:34.740 with NAFTA and we can expect more of
00:01:38.210 00:01:38.220 them there are provisions that undermine
00:01:42.109 00:01:42.119 efforts at regulation including
00:01:45.679 00:01:45.689 incidentally regulation of environmental
00:01:50.679 00:01:50.689 dangers and rather strikingly the phrase
00:01:54.999 00:01:55.009 climate change does not appear in these
00:01:58.639 00:01:58.649 280 pages which are illustrative of the
00:02:02.749 00:02:02.759 whole structure
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