Monday, June 10, 2013

Gaius Publius — TPP is a secret Obama trade agreement that will trump national sovereignty

I’ve been saying for a while that the three big battles with second-term Obama are to oppose:
  • Social insurance benefit cuts (the “Grand Bargain”)
 
  • Keystone tar-carrying pipeline

  • The Trans-Pacific Partnership (TPP), the next big NAFTA-style “trade” agreement
This continues our focus on Obama’s TPP.
America Blog
TPP is a secret Obama trade agreement that will trump national sovereignty
Gaius Publius

See also Dani Rodrick, The inescapable trilemma of the world economy
Sometimes simple and bold ideas help us see more clearly a complex reality that requires nuanced approaches.  I have an "impossibility theorem" for the global economy that is like that. It says that democracy, national sovereignty and global economic integration are mutually incompatible: we can combine any two of the three, but never have all three simultaneously and in full.

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