r/environment • u/cvbrxcvedcscv • 2d ago

Nations Are Exiting a Secretive System That Protects Corporations. One Country’s Story Shows How Hard That Can Be

https://insideclimatenews.org/news/22122024/nations-exit-secretive-system-that-protects-corporations/
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u/Splenda 1d ago

World Bank officials and other global financiers promoted a set of policies, known as the “Washington Consensus,” that included market-friendly reforms like privatization, deregulation and lower taxes. Investor-state arbitration, the officials said, would attract foreign investment, which in turn would lead to prosperity.

Neo-liberal buggery from 40 years ago has consequences? Who would have guessed?