The Trans Pacific Partnership, Tpp, Is A Free Trade Agreement Essay examples

The Trans Pacific Partnership, Tpp, Is A Free Trade Agreement Essay examples

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The Trans-Pacific Partnership, TPP, is a free trade agreement between twelve countries situated on the Pacific rim. If ratified, a diverse range in countries will participate in trade with each other without tariffs. The TPP would be the biggest free trade deal in existence, creating a single market similar to the European Union (TPP: What is it and why does it matter?, 2016) . The arrangement is believed to allow for an increase of exports between involved countries, as well as an increase in GDP and annual real income as a result of reduced and eliminated tariffs. Furthermore, it would also allow a free flow of ideas and peaceful relations between all countries involved (Sorenson & Burns, 2016). On the other hand, others believe that the nature of the TPP has a capitalist agenda, and will lead to the exploitation of certain countries involved, (Curry, 2016). However, an opinion on whether not the deal would truly benefit countries involved has yet to be decided. If viewed in the lens of Marxism, developed by Karl Marx, known for his development of socioeconomic analysis, while Marxist support the idea of free trade, that is dependent on whether or not it “enhances the position of the working class in its struggle against its enemies” (Ghorashi, 1995, 43). Due to the nature of the Trans-Pacific Partnership, many believe that it will solely benefit the corporations who helped create it and exploit or take away from the working class of the twelve countries potentially entering the partnership.
For Karl Marx, it would not have the idea of partnership that he would have protested, but the relation the conditions which were produced which clearly benefit the corporations, the bourgeoisie, over the citizens of the countries involved...


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...ill be taken advantage of (TPP 'worst trade deal ever, ' says Nobel-winning economist Joseph Stiglitz, 2016). The TPP will simply only benefit the bourgeoisie involved in the deal, and is set up in such a way that corporations will benefit, and others will be taken advantage of. Due to the capitalist nature of this free trade agreement, it is highly likely that many Marxist would not support the agreement, one that would typically be encouraged.
The corporate development of the partnership is responsible for the capitalist agenda of the TPP. Ultimately, the arrangement will lead to nothing but the exploitation by corporations of those working with in these countries. While the arrangement has some benefits in terms of products available within their country, for those who are producing those products, life will likely be lessened with the ratification of the TPP.

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The Trans Pacific Partnership, Tpp, Is A Free Trade Agreement Essay examples

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