Submission + - TPP: Toward Absolutist Capitalism
There are many excellent arguments against the Trans-Pacific Partnership (TPP), two of which — local zoning over-rides, and loss of national sovereignty — I’ll briefly review as stepping stones to the main topic of the post: Absolutist Capitalism, for which I make two claims: 1) The TPP implies a form of absolute rule, a tyranny as James Madison would have understood the term, and 2) The TPP enshrines capitalization as a principle of jurisprudence.
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... So, what Madison warned of is exactly what ISDS does: The judge is the legislator, leading to “arbitary control.” And arbritary control is absolutism, just as surely as it was in the age of the divine right of kings.[2] And for bonus points, the judges and the legislators are conflicted, open to corruption, and accountable neither to the voters nor to any system of precedent.