Re:US Announces Withdrawal from TPP
by angry_octet on Sunday January 22, 2017 @06:40PM
(#13458419)
Great misquote! Slick.
At the moment governments are pressured by other governments and multinationals to have stronger rule of law. The cost of capital is higher in more corrupt countries. The threat of capital flight is a significant disincentive to government crackdowns on democratic movements -- building stops, bond returns skyrocket, lines of credit disappear, arms sales stumble.
TPP is the promise that your foreign capital is safe, even though locals are screwed. Even better, companies sue governments for raising the minimum wage, or enforcing OH&S.
This isn't 'give a little, get a little', this is 'we're taking your rights'.
Why shouldn't we? Does TPP prohibit that? No. Are you saying that countries with poor rule of law should not make any improvement to the Trent tho for the rule of law unless it does it all completely in one go? Are incremental improvements undesirable or actively bad? That's a pretty extreme absolutist position to take.