Gaius Publius: Tobacco Deaths, TPP and the “Trade” Courts

Yves here. Obama’s pending trade deals, the TransPacific Partnership and the Transatlantic Trade and Investment Partnership, have few fans at Naked Capitalism. But we are always looking for ways for like-minded readers to to alert friends and colleagues to the dangers of the proposed pacts and hopefully take action against them. This post gives concrete, accessible examples of some of the uses made of investor-state dispute settlement panels, which Gaius calls trade courts (even though they are actually secret arbitration panels) by Big Tobacco.

This piece is about corporations as predators, as plunderers, in a literal sense. Please follow closely; I want to get past the sense that “predator” is a metaphor. I want to make the case that the word is a literal description of the way the rich harvest the world.