President Obama is so keen on passing the Trans-Pacific Partnership (TPP) that he’s asking Congress for fast-track approval. What that means is that Congress would only have the right to vote up or down on the agreement, without making any changes to it. In actuality, the president can approve the bill without Congress, but he would like Congressional approval for obvious political reasons. Supporters of the free-trade bill say it will help boost economy, and I don’t doubt that the president believes that to be true. Whether he’s right about that is the subject of vigorous debate among economists.
For example, MIT economics professor David Autor and his co-authors in a Washington Post editorial, concede that “there is indeed substantial evidence that import competition from low-wage countries has contributed to the momentous decline in U.S. manufacturing employment in the last two decades.” But, they argue, “manufacturing jobs are not coming back” anyway. Why bother closing the barn door now that the horse has already run away?
They like TPP, however, because they say it “would promote trade in knowledge-intensive services in which U.S. companies exert a strong comparative advantage” because of the intellectual property provisions contained within the bill. If, in fact, the bill would lead to better enforcement and less infringement in the form of copycat products, that could be a big deal. Whether or not those provisions would be airtight is hard to know in advance.
We have seen enormous changes in the U.S. patent system over the past two decades, mostly done in the name of “harmonization,” an effort to make our system, once the envy of the world, more like that of the Japanese and the Europeans. What that translates into is more favorable terms for big companies, and more roadblocks for small inventors trying to assert their patent rights.
This kind of protection of privilege seems to be a theme that runs through this agreement as well as its notorious predecessor, NAFTA.
What’s common between both agreements seems to be the fact that they were written by and for corporations and investors, behind closed doors, with no transparency and with little, if any, input from under-represented elements of our society, including the environment.
Progressive Congressman Keith Ellison (D-Minn.) calls TPP “NAFTA on steroids.” The agreement has actually been in the works since 2010. When I wrote about it in 2012, responding to a leaked draft, I had the following concerns:
The TPP website makes the following claims:
Indeed, the spirit of Ronald Reagan is alive and well in this agreement. Dean Baker, founder of the Center for Economic and Policy Research, refers to TPP as a corrupt attempt to “secure regulatory gains for major corporate interests” at the expense of “those without the money and power to be part of the game.”
I don’t think there can be any question that an agreement of this magnitude will usher in many changes that will affect millions of people -- some anticipated, others not. The fact that the agreement was done in secret, dominated by the investment community and those held close by them, tells me that the anticipated changes will directly benefit them. The fact that all constituencies, including the under-represented and the environment, did not have their concerns addressed, violates both democratic principles and the sacred trust that the American people have placed in our government to fairly balance the interests of the wealthy and mighty with those of the weak and voiceless.
Image credit: rexpo: Flickr Creative Commons
RP Siegel, PE, is an author, inventor and consultant. He has written for numerous publications ranging from Huffington Post to Mechanical Engineering. He and Roger Saillant co-wrote the successful eco-thriller Vapor Trails. RP, who is a regular contributor to Triple Pundit and Justmeans, sees it as his mission to help articulate and clarify the problems and challenges confronting our planet at this time, as well as the steadily emerging list of proposed solutions. His uniquely combined engineering and humanities background help to bring both global perspective and analytical detail to bear on the questions at hand. RP recently returned from Abu Dhabi where he attended the World Future Energy Summit as the winner of the Abu Dhabi blogging competition.
Follow RP Siegel on Twitter.
RP Siegel, author and inventor, shines a powerful light on numerous environmental and technological topics. His work has appeared in Triple Pundit, GreenBiz, Justmeans, CSRWire, Sustainable Brands, Grist, Strategy+Business, Mechanical Engineering, Design News, PolicyInnovations, Social Earth, Environmental Science, 3BL Media, ThomasNet, Huffington Post, Eniday, and engineering.com among others . He is the co-author, with Roger Saillant, of Vapor Trails, an adventure novel that shows climate change from a human perspective. RP is a professional engineer - a prolific inventor with 53 patents and President of Rain Mountain LLC a an independent product development group. RP was the winner of the 2015 Abu Dhabi Sustainability Week blogging competition. Contact: firstname.lastname@example.org