Free Trade Agreement TTIP Endangers Democracy
Investor courts of arbitration create an exclusive special right for foreign corporations. They could demand unlimited compensation when they see profits narrowed by democratic decisions. The lawsuits will be decided by economic lawyers changing roles as prosecutors, defendants and judges, not by independent courts.
Stopping the TTIP is crucial for preserving sovereignty, environmental justice and public sector jobs. Investor protection must not be allowed to trump environmental and labor regulations in a “parallel system” of justice.
You can read a 20-page “Alternative Trade Mandate” at www.alternativetrademandate.org.
to read the translated articles by Christoph Bautz, Ursula Storost and Annette Sawatzki from August 2014, click on