Rethinking Trade - Season 1, Episode 10
Governments are taking emergency action to fight COVID-19, counter economic disaster and ensure peoples’ basic needs are met. Now corporate law firms are targeting those actions for outrageous Investor-State Dispute Settlement (ISDS) attacks.
ISDS law firms are actively recruiting multinational corporations to sue governments before a panel of three corporate lawyers to obtain unlimited taxpayer compensation for government actions related to the COVID emergency. These ISDS tribunals can even order compensation for multinationals’ loss of expected future profits and there is no outside appeal.
In this episode, Lori explains the immediate ISDS danger and breaks down the regime’s history of attacking environmental protections, consumer safety regulations and democracy itself.
Music: Groove Grove by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/3831-groove-groveLicense: http://creativecommons.org/licenses/by/4.0/