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One of the striking aspects of the new trade deals is that while they have invested corporations with a new set of rights, they have attached no responsibilities to those rights. Notice how the lawsuits all go in one direction - corporations sue governments for infringing their corporate profit-making rights. A government can't sue a corporation for infringing the rights of its citizens by, say, polluting local drinking water.

Linda McQuaig#13

PolicyAccountabilityCorporationsRightsTrade

About this quote

What does it mean?
Trade deals give corporations rights without responsibilities to citizens.
In plain terms
Corporations can sue governments but not protect people from harm.
What can you take from it?
Corporate rights lack accountability.

Where it applies

  • trade policy debates
  • corporate regulation

Putting it to work

  • demand corporate responsibility
  • reform trade treaties

Questions to consider

  • Should corporations have equal legal standing with governments?

Another view

Some argue corporate protections encourage foreign investment.

More from Linda McQuaig

  1. Canada got one break in the Walkerton tragedy: the deadly contamination of the Ontario town's water supply, which killed seven people in the summer of 2000, ca…

    Permalink to quote #12
  2. Like chewing gum or hair gel, water [according to the World Bank and IMF] is to be sold by the private sector at market rates. The needs of the people are all …

    Permalink to quote #14
  3. [A]s things now stand, the case that capitalism will make the world - not just the West - materially better off has simply not been convincingly demonstrated. …

    Permalink to quote #11

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