According to a leaked European Commission proposal in the ongoing EU-US Transatlantic Trade and Investment Partnership (TTIP) negotiations, EU member state legislative initiatives will have to be vetted for potential impacts on private business interests.
The proposal forms part of a wider plan for so-called “regulatory cooperation”. Civil society groups have already denounced earlier iterations of this plan as being a tool to stop or roll back regulation intended to protect the public interest. The new elements in the leaked proposal expand the problem, according to civil society organisations.
Civil society groups have condemned the “regulatory exchange” plan as an affront to parliamentary democracy. “This is an insult to citizens, elected politicians and democracy itself”, says Max Bank of Lobby Control.
The “regulatory exchange” proposal will force laws drafted by democratically-elected politicians through an extensive screening process. This process will occur throughout the 78 States (50 U.S. states and 28 EU ones), not just in Brussels and Washington DC. Laws will be evaluated on whether or not they are compatible with the economic interests of major companies. Responsibility for this screening will lie with the Regulatory Cooperation Body, a permanent, undemocratic, and unaccountable conclave of European and American technocrats.
What's that about democracy and capitalism being joined at the hip as mutually necessary? Oh, right. More BS to dupe the rubes and scam the "the little people," you know, those that pay the taxes.
Aristotle observed that the only way to implement true democracy in a lasting way is through random selection among citizens, e.g., using a lottery. Anything short of this will inevitably degrade into oligarchy.
Raging Bull-Shit
New TTIP Leak Confirms EU Proposal Is Covert Attack Against Basic Democratic Values
Don Quijones
Aristotle observed that the only way to implement true democracy in a lasting way is through random selection among citizens, e.g., using a lottery. Anything short of this will inevitably degrade into oligarchy.
Raging Bull-Shit
New TTIP Leak Confirms EU Proposal Is Covert Attack Against Basic Democratic Values
Don Quijones
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