Why support TPP? (user search)
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  Why support TPP? (search mode)
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Author Topic: Why support TPP?  (Read 1121 times)
Col. Roosevelt
Jr. Member
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Posts: 252
« on: October 07, 2015, 11:40:31 PM »

Just doing a casual read of what effects TPP would have and it sounds horrid:

"..In the US, [TPP] is likely to further entrench controversial aspects of US copyright law (such as the Digital Millennium Copyright Act) and restrict the ability of Congress to engage in domestic law reform to meet the evolving IP needs of American citizens and the innovative technology sector. Standardization of copyright provisions by other signatories would also require significant changes to other countries’ copyright laws. These, according to EFF, include obligations for countries to expand copyright terms, restrict fair use, adopt criminal sanctions for copyright infringement that is done without a commercial motivation (ex. file sharing of copyrighted digital media), place greater liability on internet intermediaries, escalate protections for digital locks and create new threats for journalists and whistleblowers (because of vague text on the misuse of trade secrets)."

"June 2015 article in the New England Journal of Medicine summarized concerns about TPP´s impact on healthcare in developed and less developed countries including potentially increased prices of medical drugs due to patent extensions, which it claimed, could threaten millions of lives. Extending “data exclusivity” provisions would "prevent drug regulatory agencies such as the Food and Drug Administration from registering a generic version of a drug for a certain number of years." International tribunals that have been a part of the proposed agreement could theoretically require corporations be paid compensation for any lost profits found to result from a nation's regulations. That in turn might interfere with domestic health policy"

"In 2013, Nobel Memorial prize-winning economist Joseph Stiglitz warned that based on leaked drafts of the TPP, it presented "grave risks" and "serves the interests of the wealthiest." Organised labour in the U.S. argued that the trade deal would largely benefit corporations at the expense of workers in the manufacturing and service industries. In 2014, Noam Chomsky warned that the TPP is "designed to carry forward the neoliberal project to maximise profit and domination, and to set the working people in the world in competition with one another so as to lower wages to increase insecurity. Economist Robert Reich contends that the TPP is a "Trojan horse in a global race to the bottom, giving big corporations and Wall Street banks a way to eliminate any and all laws and regulations that get in the way of their profits"

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