{"id":20289,"date":"2016-04-27T19:19:29","date_gmt":"2016-04-28T00:19:29","guid":{"rendered":"http:\/\/olduvai.ca\/?p=20289"},"modified":"2016-04-27T19:19:29","modified_gmt":"2016-04-28T00:19:29","slug":"a-torrid-week-for-the-transatlantic-corporatocracy","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=20289","title":{"rendered":"A Torrid Week for the Transatlantic Corporatocracy"},"content":{"rendered":"<header>\n<h3 class=\"entry-title\"><a href=\"http:\/\/wolfstreet.com\/2016\/04\/26\/transatlantic-corporatocracy-trade-agreement-ttip-begins-to-unravel\/\">A Torrid Week for the Transatlantic Corporatocracy<\/a><\/h3>\n<\/header>\n<div class=\"entry-content\">\n<p><strong>The carefully woven\u00a0fabric is\u00a0unraveling.<\/strong><\/p>\n<p>A new survey conducted by YouGov for the Bertelsmann Foundation\u00a0<a href=\"http:\/\/www.euractiv.com\/section\/trade-society\/news\/survey-shows-plunging-public-support-for-ttip-in-us-and-germany\/\">showed<\/a>\u00a0that only 17% of Germans believe the Transatlantic Trade and Investment Partnership (TTIP) is a good thing, down from 55% two years ago.<\/p>\n<p>In the United States, only 18% support the deal compared to 53% in 2014.<\/p>\n<p>Such low popularity ratings are an incredible feat for a trade agreement that until last year the public had barely\u00a0even heard of, purposefully, even as it had been\u00a0on the negotiation table for years, while the governments associated with it had expected to pass it with flying colors.<\/p>\n<p>During his visit to Germany at the weekend, President Barack Obama tried to breathe life back into the deal, insisting that \u201cthe majority of people still favor trade\u201d and \u201cstill recognize, on balance, that it\u2019s a good idea.\u201d While that may be so, TTIP, like the other alphabet-soup trade agreements, is not really about promoting trade; it\u2019s about reconfiguring the legal apparatus and superstructures that govern national, regional, and global commerce, business and society, for the benefit of the world\u2019s largest multinational corporations.<\/p>\n<p>Obama could not have chosen a worse possible location to plug his sacred trade deal. Offering a quite visible contradiction to his rose-tinted interpretation of corporate-sponsored trade deals,\u00a0<a href=\"https:\/\/ragingbullshit.com\/2016\/04\/24\/free-love-not-free-trade-with-obama-en-route-90000-march-against-ttip\/\" target=\"_blank\">tens of thousands marched against TTIP<\/a>\u00a0in the streets of Hanover on Saturday. Opposition to the trade agreement is also\u00a0<a href=\"http:\/\/wolfstreet.com\/2016\/01\/20\/small-businesses-in-europe-fear-getting-trampled-by-ttip\/\" target=\"_blank\">fierce among Germany\u2019s Mittelstand<\/a>\u00a0(small and medium-size companies), which represent over 90% of firms in the country. A 2014 Commerzbank study\u00a0<a href=\"http:\/\/uk.reuters.com\/article\/uk-eu-usa-trade-germany-idUKKBN0P805D20150628\" target=\"_blank\">found<\/a>\u00a0that only 15% of Mittlestand companies believe TTIP would be a good thing for their business.<\/p>\n<p>Germany\u2019s not alone. Across the old continent, public opposition to TTIP is swelling. Just in the past week three vital developments took place that spell even more trouble for the transatlantic corporatocracy.<\/p>\n<p>&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A Torrid Week for the Transatlantic Corporatocracy The carefully woven\u00a0fabric is\u00a0unraveling. A new survey conducted by YouGov for the Bertelsmann Foundation\u00a0showed\u00a0that only 17% of Germans believe the Transatlantic Trade and Investment Partnership (TTIP) is a good thing, down from 55% two years ago. In the United States, only 18% support the deal compared to 53% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[5660,279,281,284,359,584,4570,1132,827,4255],"class_list":["post-20289","post","type-post","status-publish","format-standard","hentry","category-economics","tag-don-quijones","tag-eu","tag-europe","tag-european-union","tag-germany","tag-obama","tag-trans-atlantic-trade-and-investment-partnership","tag-ttip","tag-united-states","tag-wolfstreet"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20289","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=20289"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20289\/revisions"}],"predecessor-version":[{"id":20290,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/20289\/revisions\/20290"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=20289"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=20289"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=20289"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}