In episode three of this interview series, Susan George explains how she managed to write How to win the Class War - The Lugano Report II from the perspective of the very people she opposed all her life, the 'Davos Class'.
A LEADING international political economist has warned that democracy is being damaged by the insidious creep of transnational corporations into government policy and their refusal to adopt country-by-country accounting practices, which have helped them avoid taxes.
Susan George chairs the Transnational Institute in Amsterdam. She says the Trans Pacific Partnership Agreement could give powerful companies the right to challenge domestic laws which restrict their future profits.
Signing international investment treaties, in the hope of attracting foreign investments, has been a central strategy for governments looking to improve economic development. The less known side of this story is that by signing investment treaties, governments are giving away the sovereign right to regulate in the interest of people and the environment. They also expose themselves to the risk of spending millions in law suits that could have been used to serve public needs. It’s time that the dark side of investment is put under the spotlight.