Close down the casino economy!
Disarm the markets!
When Attac was founded in 1998, this slogan evolved against the background of the financial crash in East Asia. At present, the wealthy of the world are in the middle of a crisis, which is the heaviest since the Great Depression in 1929. This crisis has a systematic character: The structure and the mechanisms of that system themselves are now being questioned. The neoliberal Globalization and the fictitious idea of self-regulating markets is failing.
The answer to this crisis shouldn't be restricted to moralizing capitalism or at naming the guilty among the major players of the financial market. The only results one can expect from piecemeal (re)regulations and the short term crisis management, are a salvation of the neo-liberal course and that it will take us by the hand and lead us into future disasters. The response to this crisis demands an exit to neoliberalism and to put an end to the influence that the financial economy has on society.
Attac demands:
- A refusal to the socialization of the losses and to the privatization of the profits
- Speculators pays principles
- Strengthening of a public and cooperative banking sector
- A revision of the international monetary and financial system within a global reform by the United Nations
- Taxations of all kinds of financial transfers including currency transactions - A progressive taxation of capital income
- To close down tax heavens
- To put an end to all destabilising and unsustainable instruments of the financial system
Recent posts
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The co-President of Attac candidate to the general direction of the IMF
The IMF plays a crucial role in the regulation - or rather the lack of regulation - of international finance.Therefore the association Attac has decided to propose a candidate to succeed Dominique Strauss-Kahn. Aurélie Trouvé, 31, is professor of economics and co-chair of Attac since four years.She
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The European Attac Network welcomes the “Spanish revolution”
On 15th of May, just a week before the elections to city councils and autonomous communities in Spain, tens of thousands of students, unemployed people, workers and citizens of all ages and status, took to the streets in the main cities of Spain. They were protesting against the steady deterioration of the social climate, as a consequence of the austerity measures undertaken by the
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Joint Press release on EU Economic Governance and EU Stability and Growth Pact debate
During the 16th and 17th December EU summit, Head of States and of governments are to examine Van Rompuy’s proposals on the future economic governance at the EU level, and the modification of the stability and growth pact. These measures are to a large extent in line with the European Commission proposals, including a macro-economic surveillance of European economies and tightening of the
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Attac groups across Europe in solidarity with the Greek people. We demand genuine solutions to the euro crisis
We stand together for peoples-based solutions. Make finance pay and reclaim democracy. Several European ATTAC welcome and support the just resistance of the peoples of Greece and of other southern European countries in their refusal to pay for a crisis caused by the capitalist system. We reject the false solutions that EU governments have put forward to deal with the Euro crisis.
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Introduce a financial transaction tax for people and the planet now!