In the discussion thread: Clinton's opposition to the TPP is insulting [View all]
Response to JaneyVee (Reply #17)
Tue Dec 8, 2015, 02:43 PM
kenfrequed (7,865 posts)
161. You misunderstand
The US has been succesful in defeating most trade cases brought up to weaken our environmental and labor laws.
But the function of this kind of a trade agreement is actually to assure that developing nations keep their laws minimized and that corporations can exert power over them. Most corporate entities know that going after the US for these sorts of things would backfire extraordinarily. So generally, they don't. This system maintains the "race to the bottom" in terms of regulation and labor costs. Anyone that tells you otherwise is selling something. |
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