The Top Secret Trade Deal You Need to Know About
|Written by Nicole Woo|
|Friday, 01 November 2013 15:15|
CEPR's Dean Baker is appearing in this week's episode of Moyers & Company, talking about the Trans-Pacific Partnership (TPP), referred to by some as “NAFTA on steroids.”
While little has been revealed about the terms of the TPP, the information that's been leaked so far raises concerns about, for example, financial and environmental regulations, labor unions, and intellectual property protections.
The evidence from what we know of this still secret pact is that the TPP has little to do with free trade. It can more accurately be described as a pact designed to increase the wealth and power of crony capitalists.