ISDS: The Secret Weapon of Multinationals Against We The People

in economics •  2 years ago 

Originally posted on Quora

One of the many and perhaps one of the most effective tools Globohomo has at its disposable is investor state dispute settlements, so called neutral arbitration through an international tribunal, like the WTO, that allows a foreign investor (usually a multinational conglomerate) to sue host states for violating rights granted to corporations under international law. Under cuckiptalist “free trade” agreements such rights include not only the right to monopolize ideas, designs and processes in other nations (IP laws) but also the right to keep consumers in the dark about where their food comes from by punishing sovereign nations until they repeal such things as country-of-origin labels, which the US did under Obama, or by banning GM food labelling. ISDS can also be used to sue sovereign states for banning environmentally hazardous and carcinogenic chemicals like glyphosate, enforcing the sacred corporate right to poison workers and animals for massive profits, or protecting domestic industry and enforcing the sacred corporate right to offshore jobs to the third world and use literal slave labor in their supply chain. In ISDS arbitration, the fabricated rights of wholly legal persons take precedence over the human rights of flesh and blood persons.

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