"Robert Reich's widely circulated video take on the TPP (see above), produced in coordination with the progressive MoveOn.org, explains some of the major concerns: Beyond the potential for increased corporate power and jobs sent overseas, a clause that sets up an "Investor State Dispute Settlement," would let corporations challenge domestic regulations that interfere with their profit-making.
Elizabeth Warren, in an op-ed in the Washington Post emphasized that this aspect of the deal violates American values across the board:
Conservatives who believe in U.S. sovereignty should be outraged that ISDS would shift power from American courts, whose authority is derived from our Constitution, to unaccountable international tribunals. Libertarians should be offended that ISDS effectively would offer a free taxpayer subsidy to countries with weak legal systems. And progressives should oppose ISDS because it would allow big multinationals to weaken labor and environmental rules."
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