Corporations use a secretive, “global super court” system to bend governments to their will.
A parallel global legal system largely hidden from public view and run by a corporate elite is undermining democracy around the world. Pulitzer Prize–winning journalist Chris Hamby’s 18-month investigation results in an exposé that reads like a thriller novel. Hamby traveled across three continents to uncover the mechanisms of an obscure provision buried in the world’s vast network of trade and investment treaties, which allow foreign businesses to sue sovereign governments. A cabal of corporate lawyers – acting as arbitrators – dispenses binding, often onerous rulings that can gut government regulations designed to protect the public. This four-part investigative article for Buzzfeed offers a deep dive into one of the core contemporary controversies surrounding free trade agreements and their relationships to economic justice. While always politically neutral, getAbstract recommends this series to scholars, activists, watchdogs and policy makers interested in the intersection of free trade and social, political and economic justice.
In this summary, you will learn
- How corporations exploit an obscure dispute resolution mechanism written into a global network of trade treaties
- Which elements of a “global super court” system make it vulnerable to corporate exploitation
- How this parallel legal system undermines the rule of law
Comment on this summary
Customers who read this summary also read
The Huffington Post, 2015
World Economic Forum, 2017
Michael Grabell and Howard Berkes
ProPublica © 2015, 2015