by Dr. Paul Craig Roberts
In his May 9, 2016, speech to European medical professionals, Michael Hudson points out that the result of TTIP for Europe will be the privatization of health care systems with the associated much higher costs.
Hudson’s accurate description of TTIP shows that politically powerful corporations have gained the power in Western “democracies” to sacrifice the welfare of all populations to corporate greed for profit regardless of the cost to peoples, countries, and societies.
The evil of American “democratic capitalism” is total and irredeemable. TTIP gives corporations unaccountable power over governments and peoples. The corporations must be slapped down hard, fiercely regulated, and forced by threat of long prison sentences to serve the public interest, and not the incomes of the executives and shareholders who comprise the One Percent.