René Merced 🇵🇷 :mastodon: on Nostr: In the 1960s, the World Bank Created a Mechanism That Allows Corporations to Sue ...
In the 1960s, the World Bank Created a Mechanism That Allows Corporations to Sue States
The investor-state dispute settlement is a system that empowers foreign investors to sue a sovereign government. It was instituted in the 1960s against the votes of most Latin American countries — and continues to wreak havoc today.
https://jacobin.com/2023/10/1960s-world-bank-corporations-sovereignty-global-south
#WorldNews #corporations #capitalism #economics #government #sovereignty #justice
The investor-state dispute settlement is a system that empowers foreign investors to sue a sovereign government. It was instituted in the 1960s against the votes of most Latin American countries — and continues to wreak havoc today.
https://jacobin.com/2023/10/1960s-world-bank-corporations-sovereignty-global-south
#WorldNews #corporations #capitalism #economics #government #sovereignty #justice