14
Hondurans Fight Private Cities Run by U.S. Companies as Gov’t Sued for Outlawing “Neocolonial Project”
(www.democracynow.org)
News from around the world!
Economic Development and Employment Zones, where private companies have “functional and administrative autonomy” from the national government.
That's literally corporate feudalism. It's terrifying that Honduras has been challenged for repealing this law.
Imagine a country not having the ability to pass and repeal laws.
Yes it's horrifying. The article states that most Western countries are moving away from trade deals that allow corporations to sue countries for loss of business etc, but I believe that pacts like the Trans Pacific Partnership may include such idiotic rights for corporations; leaving countries in compromised situations should they need to change business practices for example.