Nations Are Exiting a Secretive System That Protects Corporations. One Country’s Story Shows How Hard That Can Be - Inside Climate News
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Bolivia was the first nation to leave a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.

Bolivia was the first nation to begin leaving a legal system that allows foreign companies to sue governments behind closed doors. Now, other countries are following.

  • HubertManne@moist.catsweat.com
    6·
    18 hours ago

    Man this is going to go up there with citiens united and the patriot act for me. Its pretty clear this allowed for the hyper globalism we have had since.

    • Ageroth@reddthat.com
      8·
      15 hours ago

      The Multilateral Agreement on Investment (MAI) was a draft agreement negotiated in secret between members of the Organisation for Economic Co-operation and Development (OECD) between 1995 and 1998.[1][2] It sought to establish a new body of universal investment laws that would grant corporations unconditional rights to engage in financial operations around the world, without any regard to national laws and citizens’ rights. The draft gave corporations a right to sue governments if national health, labor or environment legislation threatened their interests.

      Literally designed to put the interests of corporations above the interests of nations and their citizens