multinational corporations

A Primer on Fast Track Trade Authority for People of Faith

Image via pogonici/shutterstock.com
Image via pogonici/shutterstock.com

t’s also one of the most divisive political issues on the Hill right now. Here’s why: The notion of "fast tracking" trade deals with almost no congressional oversight has led to the creation of odd alliances — putting the Democrats and Tea Party in one camp (against), and the Republicans and Obama Administration (for) in another. Pro-business Republicans are long time supporters of free trade, while members of the Tea Party are against most anything that would allow the President to usurp legislative authority. As for Democrats, they argue that the TPP would allow multinational corporations to undermine labor safeguards, civil rights, environmental protection and healthcare, and derail urgent efforts at fighting climate change. Organizations typically aligned with President Obama are against him here: labor unions, environmental groups, and even traditionally non-political groups have fought hard against Fast Track and the TPP.

Indeed, the potential harm from the trade deal seems to leave few interest groups untouched. To provide just a few examples, Doctors Without Borders has called the TPP the "worst trade deal ever," claiming that it will cause millions to lose access to life-saving medicines; left-leaning Global Exchange has pointed to the increasing number of sweatshops such a framework would lead to; and the digital rights organization Electronic Frontier Foundation has expressed its belief that the TPP would put overly restrictive controls on the internet. And we’ve already seen our political leaders weaken standards for protection against human trafficking and child labor should the trade deal move forward.

These are all compelling arguments, and they are ones faith groups are making as well.

Columbus Day, Wall Street, and Alabama Immigrants: "It's About Power, Stupid"


In our own time the "jobs" rhetoric from both the right and the left ignores the power grabs and power differentials that led to the hemorrhaging of American jobs in the first place. The simple truth is that multinational corporations could make more money for their shareholders by outsourcing jobs to third-world countries so that is what they did.

This was not a moral dilemma for CEOs; it was a "sound business decision." And the gospel according to free-market capitalism (the USA's true religion) preaches that what is good for American business is good for America.

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