New Generation Trade blog

A call for trade that protects the new generations coming to this beautiful planet.

Trade with the New Generations in Mind

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I am fascinated by new generation trade pacts, described as the transfer of power from people to transnational corporations.* I find the topic compelling in a repelling kind of way. Despite the discomfort, studying trade offers essential understanding for all of us interested in preserving what is left of natural life and community infrastructure across the globe.

In the late nineties, my professors startled me with the news that “new generation” trade deals give large corporations the opportunity to manage the public’s assets, and sue countries when public laws decrease corporate profits. Should we not ask for more in our global policy?

What if the best in us was put forward for their composition. What if the wisest elder, with a great sense of humour, soft heart, and economic knowledge sat at the table to negotiate? Why not seek robust economy based in real jobs and environmental security? Such global-impact regulations should be approached with loving-kindness and not use as their foundational indicator of success in a relationship between two nations the gross domestic product (GDP). In trade, there is so much more at stake than that. For no child in the Global North will be secure in an insecure world and no child in the Global South, with all its restriction of access to clean water and basic human rights, will be fully nourished. We could take less in the North in exchange for greater security.

We can do better than the new international law creating an Investor state — a trade legal mechanism that permits corporations to sue nations if their profits decrease over the use of public laws. As a North American, the place of birth of the “New Generation” deal, I feel a responsibility to be part of the dialogue to create authentic and fair trade. I am curious about global law after the new generation pact and what else is possible!

People are awakening to speak what is truly valuable. When I think of the people in my city I see so many whose primary desire is security for families, friends and community. This is a reason to learn about trade pacts. This blog is a space for exploring New Generation trade from a different perspective, one that takes a generational lens and is focused on what we are offering children and their children to come.

Thanks for visiting! Please tweet away if you agree. And don’t forget to give your thumbs up if you like it!

*trade pact description from Maude Barlow, Chair of the Council of Canadians

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Author: newgenerationtrade

I am a Canadian with serious concerns about new generation trade deals. This blog considers what trade would be if its first purpose were the security of the new generations coming to this beautiful planet.

2 thoughts on “Trade with the New Generations in Mind

  1. This gives me a realistic understanding of outcomes of trade pacts. New generation trade pacts and their implications on new generations (our dhildren and their children) vs. your offering of more positive alternatives for new generations offers hope for fairer trade. Thanks.

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  2. I love your description of children and security/insecurity in North and South. You make a great point, that we in the North could take less for greater security. Global security means much more than military strength, industrial power and industrial-strength surveillance of citizens everywhere. It truly does mean, for instance, access to safe drinking water for all, agricultural security and the right to save seeds and control local and sovereign food supplies. You hit the nail on the head. People need to learn this stuff, and see where the positive strength can come from. Thank you for posting.

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