The right of foreign investors to sue governments in international tribunals is one of the most extreme examples of excessive power granted to corporations through free trade agreements and investment treaties.
Working In These Times
SLAPPs (Strategic Lawsuits Against Public Participation) are not new. What is relatively new is the decision by companies to ramp up the potential impact of their cases by bringing charges under the federal racketeering statute called RICO (Racketeer Influenced and Corrupt Organizations Act), a law which facilitates suits against sprawling criminal enterprises.
Government officials know this power (capital strike) well, and invest great energy and public resources in staving off fits by malcontent capitalists. The profoundly rotten campaign finance system is just one manifestation of business’s domination over government policy. The real power resides in the corporate world’s monopoly over the flow of capital.
Subscribe to corporate power
Huff Post Politics
Many folks want to spend their vacations just chilling rather than thinking about the problems at work, at home, and in the world. But if you're interested in figuring out the roots of our current economic, social and political crisis, what it will take to fix it, and how you can be part of the solution, here's a list of 15 recent books you might want to take with you.