Friday, May 10, 2013

Ecuador & US: Investor privileges extreme [Article]

Richard Stallman cheers on the move by Ecuador to cancel trade treaty with US. A quote from the article he links to:
Last week 12 Latin American governments gathered in Guayaquil, Ecuador to craft a common response to an increasingly common menace: costly "investor-state" suits in which foreign corporations are dragging sovereign governments to extrajudicial courts to demand taxpayer compensation for health, environmental, and other public interest policies.