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The Pros And Cons Of The TPP

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The TPP, also known as the Trans Pacific Partnership agreement, regarded as the most brazen corporate power grab in history(Hedges), is a document that at face value which intends to bring major trade benefits and promise to improve the overall economy’s well being. But when deeply analyzed and viewed critically, the document is the most corrupt and ultimately unfair “agreement” that has been proposed in all of history, according to many different writers and analysts. The deal includes a total of the 12 Pacific Rim nations, including the United States and allies such as Australia and Japan(to name a few), who are all “striving” to improve the economy and business between each other and the world. With the common goal, as stated before at face value, promises to create even more jobs, improve economic and market conditions, …show more content…

All the time, corporations are trying to get ahead of the game. Either with business ideas, innovations, new proposals, they always find a way to build up and grab as much power as they can. The TPP easily allows this with what’s proposed, over a multitude of spectrums. An example of this, as directly quoted from reporter Ralph Nader, “It allows corporations to bypass our three branches of government to impose enforceable sanctions by secret tribunals. These tribunals can declare our labor, consumer and environmental protections [to be] unlawful, non-tariff barriers subject to fines for noncompliance. The TPP establishes a transnational, autocratic system of enforceable governance in defiance of our domestic laws.” This more or less allows corporations to have power over the law, granting them more power than our own

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Money, power, and influence are three factors that can easily tip the balance of equality, especially in developing countries where liberal democracy does not have a strong presence, which are locations where the majority of multinational corporations set up factories. The act of corporations, especially powerful corporations, speaking out against human rights violations may appeal to the victims and seem to be beneficial as these corporations can set “the standard for the way of life and the mode of living of our citizens; which leads, molds and directs; which determines our perspective on our own society” (Wettstein quoting Drucker, 47). If all the negotiations regarding workers’ rights between corporations and governments happen behind the scenes, then public debate and outward opinions of the victims and the citizens would cease to retain any influence as public discussions would be further limited and suppressed, opposite of what Wettstein is trying to argue for. This would be due to two different reasons: as it is the country would be benefitting from the success of these corporations, the actions of a corporation would trump the opinions of the citizens any day, and as corporations may use their influence for good and to speak out against certain human rights violations as Wettstein discusses, they may also use their

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Failure in addressing the problems above in the negotiation led to a credulous view from many Catholic communities toward free trade agreements. An article from America: The Jesuit Review focusing on morality of the Trans-Pacific Partnership reflects the negative impacts of NAFTA regarding Catholic Social Teaching. The author quoted from “Caritas in Veritate” of Pope Francis: “The repeated calls issued within the Church's social doctrine, beginning with Rerum Novarum, for the promotion of workers' associations that can defend their rights must therefore be honored today even more than in the past, as a prompt and far-sighted response to the urgent need for new forms of cooperation at the international level, as well as the local level.” According

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departure from the Trans-Pacific Partnership was disadvantageous for many aspects of the U.S. economy, the impact on global trade is far more substantial. In fact, the absence of the massive U.S. market has created problems in the standards, rules, and regulations of the original TPP agreement. Accordingly, the eleven other countries have insisted on renegotiating the rules and potentially lowering the standards, which could make it more difficult for later U.S. reentry into the agreement. According to Deputy Secretary of Commerce to the Obama administration, Bruce Andrews, this is especially critical to the global economy, because “If TPP had gone into force, the Chinese, by necessity, would eventually have wanted to be part of it to enjoy its benefits…China would have to do some serious economic reform and open their market from their current closed state” (Rich).

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