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Binoy Kampmark – The TPP Trade Deal: of Sovereignty and Secrecy

It’s coming to you, roughly packaged, crudely thought out, and, we hope, incompetently executed. The Trans Pacific Partnership Agreement is just about done and dusted, so claim those who have found it appropriate to keep this most “secret” of treaties under wraps. The Hawaii round of negotiations, taking place at the Westin Resort and Spa in Maui, will provide the final touches, though the delegates may be overly optimistic in assuming that their local parliaments will quite accept matters without a fight. If parliamentary sovereignty counts for anything, this will be it.

US negotiators were always in the main lane, suggesting that they would get what they wanted, breezing through the 21st century with Washington’s vision like modern buccaneers. Much of this is based on the illusory idea the future is calculable, that economic modelling becomes truth. Sign on the dotted line, and the Mammon shall be yours.

The US Treasury Department has come up with an astrological figure of increases in American exports to Asia by $123 billion. Other figures have been drawn out of hats, most of which will hardly cut muster when the deal is actually in place. Such deals have a habit of enriching unevenly, leaving a good deal of economic, and social pillage in their wake.

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