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Originally Posted by J746NEW
Multinational Corporations and Big Banks pretty much own our government given the amount of money, lobbying and revolving door positions they hold.
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What we are really talking about is the "global economy". The goal of capitalism, is to maximize economic activity around the world. Once an economy is "developed", growth will be slow. So all the real money to be made is always in "developing economies".
Corporations and financiers, functionally have no "nation", they are always international in nature. They will go wherever profits can be made, and as a general rule, more profits can be made in low-wage undeveloped countries than in first-world countries. But, they will only invest in these foreign companies(IE move factories there), if it is both advantageous, as well as secure.
Multinational corporations and international bankers will invest in China, because it is a relatively safe investment, the Chinese government will protect their interests, and the society itself is fairly stable. On the other hand, investing in much of the Middle-East and Africa would be too risky.
The TPP is all about making it easier for US corporations to invest in Asia, by creating a trade-regulation agency, to guarantee security and compliance.
The multinational corporations and international bankers will make a lot of money, it'll further grow the gap between rich and poor, it'll put many union companies out of business, and it'll undermine American sovereignty. But honestly, we still have to do it.
The reason the TPP is necessary, is because China has just created the Asian Infrastructure Investment Bank. It is trying to spread its influence and markets in Asia, and it basically wants to do the same thing American corporations/banks want to do with the TPP.
To avoid basically a "trade war" with China, and to maintain America's sphere of influence in East Asia. The United States will have to join some kind of trade union with China and its neighbors.
If you want to blame anyone, blame capitalism.