Schlagwort-Archive: #privatisation

TISA: New Trade Deal Could Be Even Greater Threat to Public Services Than TTIP

global crisis/globalchange NEWS

Elke Schenk 20.09.2016

http://www.commondreams.org/newswire/2016/08/30/new-trade-deal-could-be-even-greater-threat-public-services-ttip

Tuesday, August 30, 2016

via

http://www.defenddemocracy.press/tisa-new-trade-deal-even-greater-threat-public-services-ttip/

TISA: New Trade Deal Could Be Even Greater Threat to Public Services Than TTIP

  • Trade in Services Agreement (TISA) could lock in privatisation and increase ability of big business to call the shots on health, education and basic utilities
  • Rights of some migrant workers could regress to system similar to Saudi Arabia and Qatar
  • UK likely to emulate Norway signing up as individual nation post-Brexit

A global trade deal currently being negotiated in secret and involving 50 different countries could prove to be a serious threat to public services according to a briefing published today by campaign group Global Justice Now.

The Trade In Services Agreement (TISA) is a proposed international trade treaty between 23 parties, including the European Union and the United States. Unlike most trade deals, TISA is about services, not goods. The briefing argues that this means it will affect areas like labour rights, banking regulation and whether public services like electricity and water are run for public good or private benefit.

Nick Dearden the director of Global Justice Now said:

“This deal is a threat to the very concept of public services. It is a turbo-charged privatisation pact, based on the idea that, rather than serving the public interest, governments must step out of the way and allow corporations to ‘get on with it’. Of particular concern, we fear TiSA will include clauses that will prevent governments taking public control of strategic services, and inhibit regulation of the very banks that created the financial crash. TISA will also affect countries that haven’t even had the opportunity to develop decent public services like Pakistan. No wonder Uruguay has already walked away from the talks. We urge MEPs to tell the European Union to do the same.

“Millions of people across the EU voiced their opposition to toxic trade deals like TTIP and TISA. A broad coalition of trade unions, civil society groups and progressive politicians are coming together to make sure that we put a stop to TISA as well as TTIP – both of them enormous corporate power grabs at the expense of democracy.”

The briefing, A blueprint for global privatisation argues that:

  • TISA would lock in privatisation of public services. TISA contains mechanisms, such as ‘ratchet’and ‘standstill’ clauses, that make it much harder to reverse privatisations and will allow greater market access for foreign companies;
  • TISA would be terrible for the climate. TISA entrenches the idea of technological neutrality on energy policy. This could stop countries favouring renewables over coal, oil and gas;
  • TISA will mean more casino capitalism. TISA will undermine efforts to regulate the financial sector and avoid another crisis;
  • TISA threatens online privacy. TISA promises to hand much more power to the likes of Google and Microsoft to move personal data across borders to countries with lax data protection laws;
  • TISA will be especially damaging to countries in the global south. TISA includes countries like Pakistan that could be hindered in developing public services. It also poses a threat to countries outside TISA, because, once approved, rich countries will seek to impose TISA-style measures globally through the WTO;
  • TISA could mean a rollback on the rights of migrant workers. Proposals being negotiated under TISA mean that some migrant workers may end up being categorised as ‘independent service suppliers’ and will consequently not have rights to things like the minimum wage or be allowed to join a union. Workers’ presence in a country could also be tied to their employer. This form of indentured labour is in effect in countries like Saudi Arabia and Qatar and has resulted in horrific working conditions under unscrupulous employers.

Nick Dearden added:

“Many people were persuaded to leave the EU on the grounds they would be ‘taking back control’ of our economic policy. But if we sign up to TISA, our ability to control our economy – to regulate, to protect public services, to fight climate change – are all massively reduced. In effect, we would be handing large swathes of policy making to big business.

“Two of the biggest challenges facing society right now are dealing with the climate crisis and trying to tame the unruly banks and financial markets that have caused so much damage to the global economy. What’s being proposed under TISA would massively restrict the ability of governments to take action on either front, at a time when flexible and effective policy intervention is so badly needed.”

Download the briefing.

Global Justice Now is a democratic social justice organisation working as part of a global movement to challenge the powerful and create a more just and equal world. We mobilise people in the UK for change, and act in solidarity with those fighting injustice, particularly in the global south.

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Must read: HUDSON, ROBERTS – Privatization Is the Atlanticist Strategy to Attack Russia; Feb 08, 2016

cglobalcrisis/globalchange NEWS
Martin Zeis, 09.02.2016

Dear all,

Michael HUDSON and Paul Craig ROBERTS, well-known analysts of economics and geopolitics, are warning Russia hauntingly to privatize national enterprises to bridge budgetary short-term gaps.

It’s visible, that neoliberals inside the governmental machinery and the oligarchs, who greedly/criminally plundered and disappropriated the country during the Jelzin-era, want to exploit the economic/national budget problems attendant the triple strategic attacks of the US-Empire:

  1. pushing Western governments to impose economic sanctions against Russia,
  2. additional dumping of the oil-price using the leveraged derivative tools of Wall Street,
  3. attacking core-interests (geopolitical) of the country by the Maidan-Coup and destroying Syria/Mid East by the CIA-/Turkey/Saudiarabia supported/equipped/funded slaugther-gang IS – fortunately failing at present. (see: http://www.huffingtonpost.com/alastair-crooke/syria-putin-assad_b_9169998.html?utm_hp_ref=politics&ir=Politics )

Greets,
Martin Zeis

http://www.paulcraigroberts.org/2016/02/08/privatization-is-the-atlanticist-strategy-to-attack-russia-paul-craig-roberts-and-michael-hudson

Privatization Is the Atlanticist Strategy to Attack Russia
by Paul Craig Roberts and Michael Hudson
Feb 08, 2016

E x c e r p t

However, the Russian economic outlook deteriorated as the United States pushed Western governments to impose economic sanctions against Russia and oil prices declined. This has made the Russian economy less attractive to foreign investors. So sale of these companies will bring much lower prices today than would have been likely in 2014. (…)

There is no need for Russia to accept this pro-rentier economic philosophy that bleeds a country of public revenues. Neoliberals are promoting it not to help Russia, but to bring Russia to its knees.“

Meanwhile, the combination of a rising domestic budget deficit and balance-of-payments deficit has given Russian advocates of privatization an argument to press ahead with the sell-offs. The flaw in their logic is their neoliberal assumption that Russia cannot simply monetize its deficit, but needs to survive by selling off more major assets. We warn against Russia being so gullible as to accept this dangerous neoliberal argument. Privatization will not help re-industrialize Russia’s economy, but will aggravate its turn into a rentier economy from which profits are extracted for the benefit of foreign owners. (…)

The excuse being cited by Russian officials for selling these companies at the present time is to finance the domestic budget deficit. This excuse shows that Russia has still not recovered from the disastrous Western Atlanticist myth that Russia must depend on foreign banks and bondholders to create money, as if the Russian central bank cannot do this itself by monetizing the budget deficit.

Monetization of budget deficits is precisely what the United States government has done, and what Western central banks have been doing in the post World War II era. Debt monetization is common practice in the West.

Governments can help revive the economy by printing money instead of indebting the country to private creditors which drains the public sector of funds via interest payments to private creditors.

There is no valid reason to raise money from private banks to provide the government with money when a central bank can create the same money without having to pay interest on loans. However, Russian economists have been inculcated with the Western belief that only commercial banks should create money and that governments should sell interest-bearing bonds in order to raise funds. The incorrect belief that only private banks should create money by making loans is leading the Russian government down the same path that has led the eurozone into a dead end economy. By privatizing credit creation, Europe has shifted economic planning from democratically elected governments to the banking sector. (…)

HUDSON_ROBERTS-privatization-attacks-Russia160208.pdf

Privatisation Programm for Greece – Detailed Table

Dear all,

the privatisation programm of Greek public assets („Asset Development Plan“), imposed by the TROIKA has been leaked. It shows in detail the subject, the privatisation method, the advisers involved (often well-known banks and consulting firms), the current status and the next steps to be taken. (See file attached or http://www.sven-giegold.de/wp-content/uploads/2015/08/Privatisation-Programme.pdf)

The privatisation is forced in a time of growing opposition of the peoples against privatisation, despite the failure of former privatisations and despite movements trying to take back energy or water companies into collective ownership. As Michael Hudson put it in „The Financial Attack on Greece“ July 8, 2015: „Most of all, there is no legal framework for writing down debts owed to the IMF, the European Central Bank (ECB), or to European and American creditor governments. […] Governments are unforgiving, and the IMF and ECB act on behalf of banks and bondholders – and are ideologically captured by anti-labor, anti-government financial warriors.

The result is not the “free market economy” it pretends to be, nor is it the rule of economically rational law. A genuine market economy would recognize financial reality and write down debts in keeping with their ability to be paid. But inter-government debt overrides markets and refuses to acknowledge the need for a Clean Slate. Today’s guiding theory – backed by monetarist junk economics – is that debts of any size can be paid, simply by reducing labor’s wages and living standards, plus by selling off a nation’s public domain – its land, oil and gas reserves, minerals and water distribution, roads and transport systems, power plants and sewage systems, and public infrastructure of all forms.

Imposed by the monopoly of inter-governmental financial institutions – the IMF, ECB, U.S. Treasury, and so forth – creditor financial leverage has become the 21 st century’s new mode of warfare. It is as devastating as military war in its effect on population […]“ http://www.counterpunch.org/2015/07/08/71809

Yours sincerely

Elke Schenk

globalcrisis/globalchange NEWS

Privatisation Program Plan FINAL-2015_07_30.pdf