{"id":11144,"date":"2015-10-11T14:03:07","date_gmt":"2015-10-09T15:44:28","guid":{"rendered":"http:\/\/chinaworker.info\/?p=11144"},"modified":"2015-10-12T17:53:34","modified_gmt":"2015-10-12T09:53:34","slug":"tpp-a-big-business-pact-against-the-asia-pacific-working-class","status":"publish","type":"post","link":"https:\/\/chinaworker.info\/en\/2015\/10\/11\/11144\/","title":{"rendered":"TPP: A big business pact against the Asia-Pacific working class"},"content":{"rendered":"

Trans-Pacific Partnership (TPP) launched\u00a0on 5 October is a secretive pro-big business\u00a0pact<\/strong><\/p>\n

The agreement reached on 5 October in Atlanta between the Obama administration\u00a0and representatives of 11 other countries sees the launch of the Trans-Pacific Partnership. Supporters of the TPP say it covers economies that count for 40 percent of global GDP. But the TPP\u00a0goes far beyond a\u00a0\u2018trade pact\u2019, involving elaborate mechanisms to enforce monopolistic patent agreements and give\u00a0multinational companies unprecedented new powers against national governments and\u00a0\u2018meddling\u2019 regulators. The TPP consists of\u00a0Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the US and Vietnam.<\/p>\n

The TPP is also a blatantly geo-political pact to boost\u00a0the waning economic power of the US and Japan across\u00a0Asia at the expense of\u00a0China. It is an attempt to construct an\u00a0economic bloc to underpin\u00a0the new military alliances that are behind the rebalancing or\u00a0\u2018pivot\u2019 of\u00a0US imperialism on\u00a0the Asian continent. The\u00a0\u2018pivot\u2019 is the US response to\u00a0China\u2019s growing economic, financial and military power. Both camps are flirting with\u00a0potentially disastrous consequences by boosting\u00a0right-wing nationalism and an arms race across the continent.<\/p>\n

\"20130722092200517\"<\/a><\/p>\n

Many obstacles lay ahead for TPP which has yet to be ratified by any of the member parliaments (although several TPP states are dictatorships or semi-dictatorships so this is less of an obstacle than it might appear). More to the point,\u00a0popular resistance can grow once the full impact of the pact and what it will mean for jobs, drug prices, the environment, and state-owned companies, become public knowledge. Even Japan\u2019s right-wing leader Shinzo Abe says the deal signed in Atlanta is\u00a0\u201cjust the start\u201d. His government plans to use the TPP as a battering ram to push through structural reforms which the Japanese and international capitalist class have long demanded, aimed at undermining the position of workers, the public sector, and small farmers.<\/p>\n

Paradoxically, the TPP\u00a0could face the biggest opposition inside the US, where already there is considerable popular opposition, as expressed in the presidential campaign of\u00a0\u2018socialist\u2019 candidate Bernie Sanders. This pressure has\u00a0even forced the Democratic Party front-runner Hillary Clinton to say she\u00a0opposes\u00a0the TPP!<\/p>\n

The following article, by James Langdon of CWI Taiwan, was first published on chinaworker.info in August 2014 under the headline\u00a0Obama\u2019s TPP: Taking neo-liberalism to a new level.<\/a><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

Trans-Pacific Partnership (TPP) launched\u00a0on 5 October is a secretive pro-big business\u00a0pact<\/p>\n","protected":false},"author":33,"featured_media":11146,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[132,148,124],"tags":[],"class_list":{"0":"post-11144","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-china","8":"category-international","9":"category-news"},"yoast_head":"\nTPP: A big business pact against the Asia-Pacific working class - China Worker<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/chinaworker.info\/en\/2015\/10\/11\/11144\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TPP: A big business pact against the Asia-Pacific working class - 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