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.
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.
In a recent editorial comment, The Economist issued a solemn call to all believers in global capitalism not to despair, not to panick, and to do nothing that could endanger the capitalist system (October 18-24, 2008). The magazine invoked the words and spirit of its founder, the Scottish businessman, James Wilson, who, about 165 years ago, gave the paper the philosophy of "economic liberty".