Monday, 18 May 2015 00:00

Joseph Stiglitz pens letter to congress raising concerns about investor-state provision in Trans-Pacific Partnership (TPP).

Written by  Joseph Stiglitz | Roosevelt Institute

Roosevelt Institute Chief Economist Joseph Stiglitz sent a letter to House and Senate leadership raising concerns about the investor-state dispute settlement (ISDS) provision being considered as part of our trade negotiations. He notes that both progressives and conservatives have come out against this provision.

The Nobel laureate writes, “There is much confusion about ISDS, but plain and simple: ISDS is about rewriting the rules of how our economy works, tipping the balance of power in favor of big businesses at the expense of workers and the public here and in partner countries.”


Read full letter below.

Letter to Congress: Stiglitz on Trade Deal

Letter to Congress: Stiglitz on Trade Deal

 

Original article on Roosevelt Institute

 

Read 1240 times Last modified on Monday, 18 May 2015 19:56

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