N’est pas pénalement responsable la personne qui, devant une atteinte injustifiée envers elle-même ou autrui, accomplit, dans le même temps, un acte commandé par la nécessité de la légitime défense d’elle-même ou d’autrui, sauf s’il y a disproportion entre les moyens de défense employés et la gravité de l’atteinte.
The San Francisco Ballet are in Paris and Manu and I were lucky enough to attend their performance at the Théâtre du Châtelet last Monday, with our friends MH and FRV.
The program :
- The Fifth Season (Tomasson/Jenkins)
- In the Night (Robbins/Chopin)
- The Four Temperaments (Balanchine/Hindemith)
It was superb, and an invitation to meditation.
Photo by Erik Tomasson.
Reprinted from LaQuadrature.
ISDS gives multinationals the right to sue states before special tribunals if changes in law may lead to lower profits than expected. Multinationals can challenge reform of copyright and patent law, challenge environmental and health policies.
How does the ISDS system work?
International trade and investment agreements give foreign investors greater rights than citizens and local companies, even expected future profits are protected.
On top of that, investor-to-state dispute settlement gives foreign investors the right to bypass the local court system and use international arbitration. Tribunals consisting of three investment lawyers decide the cases. These tribunals can overturn decisions of supreme courts.
Let me give three examples.
After the nuclear disaster in Japan, the German government decided to close down two nuclear reactors. The Swedish company Vattenfall now claims 3.7 billion euro using investor-to-state dispute settlement.
Second example: Australia introduced health warnings on tobacco packaging. Tobacco company Philip Morris claimed that their trade marks lost value, and sued Australia in local courts. Philip Morris lost the court case and then started an ISDS arbitration case. As a result, Australia decided not to sign treaties with ISDS clauses any more.
Third example: Canada made some minor adjustments to its patent system to ascertain better access to medicine. United States pharmaceutical company Eli Lilly now claims 500 million dollar in ISDS arbitration.
Arbitrators have enormous powers. They also have a negative incentive. Unlike judges, they are paid by the hour or by the day, very well paid. They have an incentive to let cases drag on. And they have an incentive to make the system more important by taking multinational friendly decisions.
The negative incentive has negative consequences. The legal costs are skyrocketing, in some cases the legal costs are more than 30 million dollar. The number of cases is rising sharply. The damages are rising.
Arbitrators wear many hats. They may also act as government official negotiating investment treaties, corporate lobbyist advocating investor-to-state dispute settlement, council defending the interest of corporations, media commentator and professor. The editorial boards of key journals consist of 50 to 100 percent arbitrators. (CEO and TNI, 2012)
International investors and investment lawyers are natural allies. The small community of arbitrators is a captive in-crowd (they share ideas and interests with the investors). A very powerful captive in-crowd.
The ISDS tribunals can overturn decisions of supreme courts. ISDS is best understood as a transfer of sovereignty. It gives investors equal standing to states. And it gives investment lawyers the power to decide in conflicts between investors and states.
Investors and investment lawyers are natural allies. So, in conflicts between investors and states, the natural allies of investors take the decisions. The system is fundamentally flawed.
There is no excuse for this. Nobel laureate in economics Joseph Stiglitz points out that companies can take an insurance against expropriation:
“There is no reason that foreign-owned property should be better protected than property owned by a country’s own citizens. Moreover, if constitutional guarantees are not enough to convince investors (…) foreigners can always avail themselves of expropriation insurance provided by the Multilateral Investment Guarantee Agency (a division of the World Bank) or numerous national organizations providing such insurance.” (Joseph Stiglitz, 2013)
He also explains what is really behind ISDS:
“But those supporting the investment agreements are not really concerned about protecting property rights, anyway. The real goal is to restrict governments’ ability to regulate and tax corporations – that is, to restrict their ability to impose responsibilities, not just uphold rights. Corporations are attempting to achieve by stealth – through secretly negotiated trade agreements – what they could not attain in an open political process.”
ISDS threatens our ability to reform copyright and patent law, to protect our privacy, to protect our health and environment. Vital interests are at stake.
What can we do?
European countries signed many bilateral investment treaties, but since the Lisbon Treaty, the EU gained competence. From now on, the European Commission will negotiate and the European Parliament has a veto. We have a unique chance now to get things right. Consumer and environmental groups already did a lot of work. The parliament is critical about ISDS. The digital community can help to tip the scale.
Note that adding safeguards to the system is not enough. A powerful captive incrowd can always find a way around safeguards. The only solution is exclusion, no investor-to-state dispute settlement in EU trade agreements.
Next year, there will be elections for the European Parliament. I suggest we try to keep proponents of investor-to-state dispute settlement out of the parliament.
June 12th 2014, Monsanto and other GMA members asked a federal judge in Vermont to block that state’s new law that will require labels on food products made with genetically modified organisms.
The law is set to take effect on July 1st, 2016.
Vermont created a “food fight fund” in anticipation of the legal challenge.
This is the kind of unfortunate experiences we risk see imported in Europe with the TAFTA trojan horse, and the investor-state dispute settlement (ISDS) instrument in particular. I do not understand why our so-called representatives fail to see it, to the point of democracy denial (see Mediapart’s article about the public consultation opened by the European Commission, and how the European Commissioner for Trade, Karel de Gucht, plans to boldly ignore it).
Resist while you still can.
Help Vermont Win the Food Fight!
The screenshot of A Scanner Darkly shows the growing fields of New-Path.
Kudos to Kokopelli for preserving rare seeds, since 1999.
Kokopelli distribute more than 2200 varieties of rare, sometimes endangered, plants. Their seeds are reproducible and foster food self-sufficiency in the developing countries.
They are considered pirates and are regularly sentenced to heavy fines.
Shame to the big seed industry who enslave the natural world of plants, confiscate the genetic heritage of biodiversity, and try and maintain farmers in a state of dependency.
Since the creation of UPOV and intellectual property rights on varieties, the legislation on the marketing of seeds has been rolling out the red carpet for varieties protected by Plant Breeder’s Rights. This legislation should be highly contested, as should industries such as Monsanto, Dow Chemical and others.
Thanks to freetattoodesigns.org for the kokopelli-sun logo.
A variation on palestineinformation.org maps.
Sign the petition.
165 881 signatures at the time of posting, and counting.