12 May 2013

Large Corporations Seek U.S.–European 'Free Trade Agreement' to Further Global Dominance

By Andrew Gavin Marshall

The Transatlantic Trade and Investment Partnership (TTIP) is the latest corporate-driven agenda in what is commonly called a “free trade agreement,” but which really amounts to  ‘cosmopolitical corporate consolidation’: large corporations dictating and directing the policies of states – both nationally and internationally – into constructing structures which facilitate regional and global consolidation of financial, economic, and political power into the hands of relatively few large corporations.

Such agreements have little to do with actual ‘trade,’ and everything to do with expanding the rights and powers of large corporations. Corporations have become powerful economic and political entities – competing in size and wealth with the world’s largest national economies – and thus have taken on a distinctly ‘cosmopolitical’ nature. Acting through industry associations, lobby groups, think tanks and foundations, cosmopolitical corporations are engineering large projects aimed at transnational economic and political consolidation of power... into their hands. With the construction of “a European-American free-trade zone” as “an ambitious project,” we are witnessing the advancement of a new and unprecedented global project of transatlantic corporate colonization.

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