The Trans-Pacific Partnership: A Global Coalition of Big Business Actors
by Mark Vorpahl
July 5, 2012
During the week of July 1st – 7th an international cabal of corporate lobbyists will be meeting behind closed doors in San Diego. Their aim is moving the Trans-Pacific Partnership (TPP) towards completion. For over two years TPP negotiations have been in process, yet the proposals and agreements made so far have been carefully kept from public view, until recently.
A leaked TPP document, published at Public Citizen, has revealed what the 600 corporate advisers involved in the negotiations, including representatives from Verizon, FedEx, and Walmart, have been up to. Considering the contents of this document, it is no wonder why the public and even elected representatives have been kept in the dark.
Publicly the TPP is being described as a Free Trade Act (FTA). This understates its scope. While the FTAs already in existence have raked in giant profits for the corporate elite, for workers internationally they have resulted in lay offs and a race to the bottom in terms of living conditions and rights. The big business tops have been working hard to enhance the power of their moneymaking weapons of mass destruction. If NAFTA was a hand grenade, the TPP is a bunker buster.
What is perhaps most astonishing about the TPP is its architects’ disregard for the consequences of its destructive potential. Their greed has blinded them to the political instability and popular revolt the consequences of the TPP will create. The corporate elite imagines their rule to be absolute and eternal. Sheltered by these illusions and goaded on by the need to increase their riches regardless of social costs, they are creating a bomb that could blow them up as well.
Currently the countries in on the TPP are the United States, Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore and Vietnam. These countries alone are a combined market of 658 million people worth $20.5 trillion annually. (1) Canada, Japan, and Mexico are also expected to get on board. The TPP also has built in mechanisms to allow other nations to join after its ratification.
While China could theoretically become a member, there can be little doubt that part of the intention of this pact is for the United States to build a coalition, in which its big business interests dominate, to compete against China’s economic might. This ratcheting up of competition will result in greater political animosity. In turn, these consequences will contribute to a course towards greater conflict, including the possibility of war. This is because international capitalist competition is not determined by gentlemanly agreements, but by the law of the jungle and, frequently, brute force. While it may be a relatively simple matter for the United States to bully its economically weaker TPP partners into line, China is not so easily dominated. Other more crude and costly measures than diplomacy will be required to get the competitive upper hand and the TPP is laying the foundation for this possibility.