By Jim Miller
Last week, I wrote about Project Censored’s Top 25 most underreported stories, one of which was “Wikileaks Revelations on Trans-Pacific Partnership Ignored by Corporate Media.” Coming in at number three on their list, Project Censored notes that what is important about this story is that :
Eight hundred million people, and one-third of all world trade, stand to be affected by the treaty—and yet only three people from each member nation have access to the entire document. Meanwhile, six hundred “corporate advisors,” representing big oil, pharmaceutical, and entertainment companies, are involved in the writing and negotiations of the treaty.
The influence of these companies is clear, as large sections of the proposal involve corporate law and intellectual property rights, rather than free trade. Corporations could gain the ability to sue governments not only for loss, but prospective loss. At the same time, patents and copyrights would see more protection. This means longer patents, leading to less access to generic drugs, and a lockdown on Internet content. Commenting on the leaked TPP chapter, which details how corporations could seek financial compensation for non-tariff barriers to trade, Arthur Stamoulis of the Citizens Trade Campaign observed, “The Tribunals that adjudicate these cases don’t have the power to literally demand that a government change its policies, but they can award payments worth millions and even billions of dollars, such that if a country doesn’t want additional cases brought against it, it gets the line.”











