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Lisa Sachs on How Global Elites Extract Billions From Governments w/ Trade Agreements and Litigation (G&R 306)
Within the past four decades, we’ve seen the rise of neo-liberalism, or so-called "Free Trade," free trade agreements and various other treaties and agreements that reduce and eliminate barriers and regulation for capital to invest in different nation states. While there has been some resistance, capital and investments march on. Corporations and investors have created tools such as "international investment treaties (IITs)" to continue their profit-making ventures. These treaties result in litigation that can undermine, environmental, human rights and labor protections. This is particularly…
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