Submitted by davetowers646 t3_zxgd97 in news
Curious_Associate904 t1_j221g9l wrote
Reply to comment by Rooooben in Exxon sues EU in move to block new windfall tax on oil companies by davetowers646
https://en.wikipedia.org/wiki/Transatlantic_Trade_and_Investment_Partnership - If this goes through, it will mean that corporations are guaranteed profits and can sue if they don't get them. They'll be attacking using weaker versions of the same laws and they'll probably win because the whole world is corrupt as hell and the EU depends on Exxon now that Russian gas is Evil(tm).
Rooooben t1_j22jdbf wrote
Fun. There are so many things that aren’t profitable that are good for people…the financialization of American industry is an overall negative for American citizens. As each industry turns to financial instruments instead of products (GE becoming a credit card company…Tesla selling carbon credits to make their profit margin), we decline as a citizenship - more and more products become out of reach (home ownership, medical care, decent primary education), because we have a new industry milking profits out of them.
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