Miscellaneous material for your mid-week reading.
- Ethan Cox
discusses how the Lac-Mégantic tragedy was a predictable - if not inevitable - outcome of a self-regulated (or un-regulated) rail system:
Prior to, during, and after the process of deregulating railroads,
there were strident warnings issued by the most credible and
well-positioned experts and organizations in Canada. Their dire
predictions fell on deaf ears, and yet not a single story in the
mainstream media has made the link between the deregulation of the rail
industry and its inevitable consequences.
Instead, those who dare make the
commonsensical connection between deregulation, cuts to regulation and
inspection, and an increased frequency of accidents, are pilloried for
politicizing a tragedy.
I wonder, if now is not the time to discuss the reasons why this disaster occurred, when is?
- Bruce Campion-Smith
reports that the Cons specifically approved some of the operating procedures which may have contributed to the explosion, while Bruce Cheadle
notes that nobody seems to have seen a problem leaving a train unattended and unlocked in the absence of a regulation to the contrary. And Paul Schneiderfeit
takes a more general look at some of the causes of the disaster, while Jennifer Delgado and Kim Geiger
point out the rail operator's anti-union history.
- Meanwhile, the rubber-stamping of oil developments with disastrous effects on the environment
continues at the Cons' usual breakneck pace.
- And while Jason Sattler
hopes that the insurance industry's concern about climate change will serve to shift right-wing opinions, I'd worry the legislative response will simply be to absolve the corporate sector of responsibility for the damage caused by its actions.
- Corporate Europe Observatory
highlights some of the areas for concern in an anticipated free trade agreement between the EU and the US. And in what should be a familiar theme in the establishment of separate, corporate-friendly legal systems, there seems to be precious little evidence of any need to impose strict limits on democratic action:
MEPs have repeatedly asked the Commission to provide evidence of access to local courts being denied in Canada. The Commission gave two
weak examples where companies did not even try to go to local courts.
Asked specifically about problems faced by European investors, it
admitted: “There is little publicly available information available in
this context”. Neither has the Commission given any proof of
discrimination against foreign firms in US courts.
On
the other hand, the Commission remains completely silent on the rampant
corporate bias and vested interests at play in private investment
arbitration tribunals. Last year, our
Profiting from Injustice
report uncovered how a small club of lawyers riddled with conflicts of
interest is securing investor-friendly interpretations of the law and
sustains a continuous flow of multi-million dollar lawsuits.
So,
while the Commission has yet to prove that there is
anti-foreign-investor behaviour in US courts, there is an enormous
weight of evidence of the corporate bias in the parallel legal system it
is proposing instead.
...
In its factsheet,
the Commission explains that the investor rights which it wants to
incorporate in the EU’s future international investment agreements “are
not necessarily incorporated into the domestic system” of the signatory
states. The investor needs a parallel legal system – investment
arbitration – to enforce these rights. Thus the need for investor state
dispute settlement.
Finally some
honesty! This is exactly what the Commission’s corporate agenda is
about: granting multinationals far greater property rights than any
domestic firm, any community, any individual is granted by any
constitution in the world. And creating an overreaching legal system by
which these superior rights can be enforced.
- Finally, Jared Milne's
series of
posts about Canadian First Nations and the "reserve paradox" is well worth a read.