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.
I am concerned that the Green New Deal could exacerbate what scholars like sociologist Doreen Martinez call climate colonialism – the domination of less powerful countries and peoples through initiatives meant to slow the pace of global warming.
Africa’s children are generally healthier, live longer, are better schooled, and can aspire to a better life than those before. However, this modest progress cannot hide the challenge that remains. Hunger and lack of schools is still too common.
This new book examines the relationship between those gains in living standard, which have produced a rising middle class, and the stagnating standards of living that have become characteristic of wealthy countries. Dean Baker takes a critical look at this important contribution to the inequality debate.