Tag Archives: TPP
Externalities
Powerful US corporations socialize the costs of doing business and privatize the profits. In economic speak, this socialization of costs is described as an externality. If such things as exploitation of labor, income inequality, and environmental destruction were forced to be … Continue reading
On a fast track to the bottom
The Trans-Pacific Partnership (TPP) is a massive new trade pact that is being pushed by the Obama Administration at the behest of multi-national corporations. The TPP is fundamentally undemocratic and horrible for most Americans where it counts–in their pocketbook. Contrary to the … Continue reading
Democracy Inc.
I’ve talked before how neoliberalism is leading inexorably to new type of power relationship that I’ve labeled neofeudalism. The evidence of this new relationship is all around us: record unemployment, outrageous student loans, dangerous chemical spills, and rampant inequality. Americans … Continue reading
camelotkidd 