MISSEDLINK

 

 

 

the democratic Control of financial Markets - ATTAC: LINK ¤ ATTAC

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• "financial globalization had - a speculative logic !!!!!!"

 

 

 

 

 

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• "citizens and their representatives - have to make the main decisions !!!!!!!!!!!!"

 

 

 

 

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• "democratic institutions, and sovereign states - are responsible for the general interest !!!!!!!!!!!!"

 

 

 

 

 

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• "we have to block - financial globalization !!!!!!!!!!!!"

 

 

 

 

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• "by creating new instruments - of regulation and control !!!!!!!!!!!!"

 

 

 

 

 

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• "at the national - European - and international levels !!!!!!!!!!!!"

 

 

 

 

 

 

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• "the Tobin Tax alone - to tax speculative transactions on currency markets !!!!!!!!!!!!"

 

 

 

 

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• "even at the particularly low rate of 0.1% - would bring in close to US$ 100 billion every year !!!!!!!!!!!!"

 

 

 

 

 

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• "this money can be used to help struggle against inequalities - to promote education and public health !!!!!!!!!!!!"

 

 

 

 

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• "for food security - and sustainable development !!!!!!!!!!!!"

 

 

 

 

 

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• "it is maneuvering room for citizens - and the national governments !!!!!!!!!!!!"

 

 

 

 

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• "and, it means that political considerations - are clearly standing above financial ones !!!!!!!!!!!!"

 

 

 

 

 

 

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ATTAC has the following Goals:

 

• "to hamper - international speculation !!!!!!"

 

 

 

 

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• "to tax - income on capital !!!!!!"

 

 

 

 

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• "to penalize - tax havens !!!!!!"

 

 

 

 

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• "to promote transparency in investments - in developing countries !!!!!!"

 

 

 

 

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• "and to establish a legal framework - for banking and financial operations !!!!!!"

 

 

 

 

 

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more generally, the Goal is:

 

• "to widen the democracy space - against the sphere of finance !!!!!!!!!!!!"

 

 

 

 

 

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• "and to create a democratic space - at the global level !!!!!!!!!!!!!!!!!!"

 

 

 

 

 

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• "for the future - of our world !!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

international sustainable Economy - ATTAC: LINK ¤ ATTAC

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• "to make the economy - sustainable !!!!!!!!!!!!"

 

 

 

 

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• "we have to put an end to all destabilising and unsustainable instruments - of the financial system !!!!!!!!!!!!"

 

 

 

 

 

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• "reduce influence - of the financial economy !!!!!!!!!!!!"

 

 

 

 

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• "and reduce influence of corporations - and of multinational companies !!!!!!!!!!!!"

 

 

 

 

 

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• "neoliberal globalization - and the fictitious idea of self-regulating markets - are failing !!!!!!!!!!!!"

 

 

 

 

 

ATTAC demands:

 

• "speculators pays - principles !!!!!!"

 

 

 

 

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• "strengthening of a public - and cooperative banking sector !!!!!!"

 

 

 

 

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• "a revision of the international monetary and financial system - within a global reform by the United Nations !!!!!!"

 

 

 

 

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• "taxations of all kinds of financial transfers - including currency transactions !!!!!!"

 

 

 

 

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• "a progressive taxation - of capital income !!!!!!"

 

 

 

 

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• "and to close down - tax heavens !!!!!!"

 

 

 

 

 

 

 

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Principles for Europe - ATTAC: LINK ¤ ATTAC

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• "Europe - for the people !!!!!!!!!!!!!!!!!!"

 

 

 

 

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• "promote economic and social policies on a European level - and expand democratically controlled public services !!!!!!!!!!!!"

 

 

 

 

 

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• "to reduce imbalances - promote the ecological transition of economies - and foster high quality employment !!!!!!!!!!!!"

 

 

 

 

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• "and expand basic social and economic rights - health - education - housing - information - culture - social welfare !!!!!!!!!!!!"

 

 

 

 

 

• "we have to reduce influence of the market - and of corporations !!!!!!!!!!!!"

 

 

 

 

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• "and promote a coordinated set of progressive economic - monetary - social - and ecological policies !!!!!!!!!!!!"

 

 

 

 

 

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• "democratic public financing - through a democratically controlled central bank, lending directly to governments !!!!!!"

 

 

 

 

 

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• "end austerity policies ( Troika ) - and set up debt audits leading to debt cancellations, e.g. in Greece !!!!!!"

 

 

 

 

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• "banks and private financial actors - need to take their share of losses !!!!!!"

 

 

 

 

 

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• "increase the taxation of wealth - and corporate profits !!!!!!"

 

 

 

 

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• "and harmonize taxes - at high levels !!!!!!"

 

 

 

 

 

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• "end tax evasion - and implement a "financial embargo" of tax havens !!!!!!"

 

 

 

 

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• "forbid risky speculation - e.g. high-frequency trading, naked short selling, speculation on derivatives !!!!!!"

 

 

 

 

 

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• "impose a tax on all financial transactions - at a rate of at least 0.1% !!!!!!"

 

 

 

 

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• "better regulate banks - e.g. separate deposit and investment banks !!!!!!"

 

 

 

 

 

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• "build up a public and cooperative banking sector - under democratic control !!!!!!"

 

 

 

 

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• "to ensure the financing of social and economics needs - guarantee social rights and finance ecological transition !!!!!!"

 

 

 

 

 

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• "trade policies should be revised - to adhere to these objectives !!!!!!!!!!!! - ( in cooperation with developing countries ! )"

 

 

 

 

 

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• "and real democracy - now !!!!!!!!!!!!"

 

 

 

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• "with public, transparent and accountable debates - e.g. about visions for Europe !!!!!!!!!"

 

 

 

 

 

 

 

 

Financial Transaction Tax - ATTAC: LINK ¤ ATTAC

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• "the European ATTAC Network welcomes the decision of the ECOFIN - of approving the Financial Transaction Tax !!!!!!!!!!!!"

 

 

 

 

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• "moving forward under the "Enhanced Cooperation Procedure" - involving 11 Member States of the European Union !!!!!!"

 

 

 

 

 

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• "as the initial promoter of this tax - the ATTAC movement considers this decision as a victory !!!!!!!!!!!!"

 

 

 

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• "because it results from a more than 15 years long campaign - for it !!!!!!!!!!!!"

 

 

 

 

 

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• "twenty years ago the international organization ATTAC - began its campaing !!!!!!!!!"

 

 

 

 

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• "to have this global tax - over the finance implemented !!!!!!!!!!!!"

 

 

 

 

 

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• "which should not only pursue - revenue !!!!!!!!!!!"

 

 

 

 

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• "but also be part of a new global tax system - for financing global common goods !!!!!!!!!!!!!!!!!!"

 

 

 

 

 

 

 

 

fair Trade - ATTAC: LINK ¤ ATTAC

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• "on an international level ATTAC works as a network - of independent and autonomous national Chapters !!!!!!!!!!!!"

 

 

 

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• "for example, ATTAC Austria organizes in almost 30 activist groups - all over the country !!!!!!!!!!!!"

 

 

 

 

 

 

ATTAC demands:

 

• "stabilisation of financial markets !!!!!!"

 

 

 

 

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• "capital flows have to be slowed down - and the financial system has to be stabilised !!!!!!"

 

 

 

 

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• "concrete instruments are the financial tax - capital account restrictions - and cooperation of reserve banks !!!!!!"

 

 

 

 

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• "a fair tax system !!!!!!"

 

 

 

 

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• "assets, profits and capital incomes have to make a fair contribution - to the funding of public services !!!!!!"

 

 

 

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• "tax havens should be shut down - and corporate taxation needs to be standardised !!!!!!"

 

 

 

 

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• "fair trade - instead of free trade !!!!!!"

 

 

 

 

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• "regulations for enterprises !!!!!!"

 

 

 

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• "high and harmonised ecological - and social standards !!!!!!"

 

 

 

 

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• "in this the EU should have an important role !!!!!!"

 

 

 

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• "debt relief - for developing countries !!!!!!"

 

 

 

 

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• "public services such as health, education and water supply - must not be profit driven !!!!!!"

 

 

 

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• "we call for democratisation - instead of privatisation - of public services providers !!!!!!"