How free is free trade? On CETA, TTIP, and other false promises
Regina Kreide is Professor of Political Theory and History of Ideas at the Institute of Political Science, Justus Liebig University, Giessen. This guest post is Part 3 of a special series on TTIP that we’re running this summer.
Lines of social conflict are no longer configured in terms of “more state” or “less state”. Opinions differ as to how open or closed our societies ought to be. The same holds not just for matters of immigration, but also for economic and financial-political developments. But does opening economic borders lead to greater “plenty” for all? What, for that matter, does “open” mean in this context? Counter to commonplace views of free-trade agreements, a closer look makes one thing clear, above all: economic “globalization” does not create prosperity for the many. More still, the term is in no way synonymous with an open society or open economic borders. The contrary is true. The example of water supply shows that free trade agreements such as the CETA and the TTIP lead to economic foreclosure and to the bypassing of existing international law. It is “open” – like a one-way street – only for massive incroachments on our societal order.