10-5-17 PBSM Corporate Sovereignty Part 1, by Lynette Zang

In 1971 Nixon handed full control of inflation to the Federal Reserve, a private corporation. Thus began the financialization of global markets. In the 1980’s and 1990’s Bilateral Investment Treaties were put in place. Many of these agreements transferred rights from Sovereign Countries to multinational corporations.

In the late 1990’s corporate consolidations began to dwindle our choices, though perception management tools hid this fact from the public.

Today, 147 corporations control 40% of the world’s wealth. Those corporations can utilize those trade agreements to override governments when they feel corporate profits have been negatively impacted by sovereign government laws or rulings.

In addition, because of very little real competition in the global market place the income generated by these corporations is greater than many the GDP of many countries. Thus these multinational corporations may have more power than governments!

How does this impact you? That is what we’ll be examining in this series

Slides and Links:

http://www.businessdictionary.com/definition/monopoly.html

http://investmentpolicyhub.unctad.org/IIA/mostRecent/treaty/1337

https://www.citizen.org/our-work/globalization-and-trade/investor-state-system

https://www.techdirt.com/articles/20131024/11560725004/what-does-isds-mean-corporate-sovereignty-pure-simple.shtml

http://investmentpolicyhub.unctad.org/ISDS/FilterByCaseName

http://investmentpolicyhub.unctad.org/News/Database/Home/537

https://msu.edu/~howardp/seedindustry.html

https://www.kompasiana.com/arifvoyager/10-perusahaan-pemegang-kendali-produk-makanan_56af0aec1497736f0719abc6

https://www.smallfootprintfamily.com/the-10-best-seed-companies-for-heirloom-seeds

http://www.visualcapitalist.com/the-banking-oligopoly-in-one-chart/

https://fias.uni-frankfurt.de/fileadmin/fias/bertschinger/lecture_4_upload.pdf

http://journals.plos.org/plosone/article?id=10.1371/journal.pone.0025995

https://www.occupycorporatism.com/swiss-study-shows-147-technocratic-super-entities-rule-the-world/zz

http://citizen.typepad.com/eyesontrade/2013/10/investors-are-increasingly-challenging-states-constitutional-court-decisions-in-investor-state-tribu.html

http://foreignpolicy.com/2016/03/15/these-25-companies-are-more-powerful-than-many-countries-multinational-corporate-wealth-power/

https://blogs.worldbank.org/publicsphere/world-s-top-100-economies-31-countries-69-corporations

http://www.ibtimes.com/amazon-nearly-20-years-business-it-still-doesnt-make-money-investors-dont-seem-care-1513368

http://www.ibtimes.com/amazoncoms-workers-are-low-paid-overworked-unhappy-new-employee-model-internet-age-1514780

http://www.ibtimes.com/amazoncom-retail-predatory-pricing-bully-tactics-squeezing-competition-retailers-1516554