The Corporate Coup d'Etat: How Corporations Seized Power

🌍The corporate coup d'etat is a global phenomenon, with corporations seizing power and control in many countries.

💼Inverted totalitarianism retains the symbols and language of democracy, but internally, corporations hold all the power and prioritize profit over justice.

⚖️Investor-state dispute settlement (ISDS) allows corporations to sue states for enacting policies that they perceive as infringing on their investor rights.

💰Corporations utilize international legal systems and private militias to exploit resources, control governments, and maximize profits.

🔒The secretive nature of the corporate coup d'etat, including ISDS and the policy chill effect, undermines democracy and the ability of governments to protect their citizens' rights.

What is inverted totalitarianism?

—Inverted totalitarianism is a system where corporations hold all the power and control, while retaining the symbols and language of democracy.

What is investor-state dispute settlement (ISDS)?

—ISDS is a mechanism that allows corporations to sue states for enacting policies that they perceive as infringing on their investor rights.

How do corporations exploit resources and control governments?

—Corporations utilize international legal systems, such as ISDS, and private militias to exploit resources, control governments, and maximize profits.

What is the policy chill effect?

—The policy chill effect refers to the tendency of governments to avoid enacting policies that may infringe on corporate profits, due to the risk of being sued through ISDS.

Has any country successfully fought against the corporate coup d'etat?

—El Salvador is an exceptional case where the government and activists successfully fought against the corporate takeover and challenged ISDS.

00:34The US and other countries have undergone a corporate coup d'etat, known as inverted totalitarianism, where corporations control all levers of power.

03:00Investor-state dispute settlement (ISDS) allows corporations to sue states for policies they perceive as infringing on investor rights.

07:29Corporations exploit resources and control governments using international legal systems and private militias.

13:31The policy chill effect is when governments avoid policies that could infringe on corporate profits, due to the risk of being sued through ISDS.

20:12El Salvador is an exceptional case where the government and activists successfully fought against the corporate coup d'etat.