[Marxism] Europe’s financial transactions tax sparks big fight

Stuart Munckton stuartmunckton at gmail.com
Sun May 4 22:59:20 MDT 2014

Dick Nichols

During the six years of economic crisis in Europe, its elites have not just
attacked the living standards of workers, unemployed and poor. They’ve also
been engaged in a three-and-a-half year scrap among themselves.

Their fight is over a financial transactions tax (FTT), first mooted by the
European Commission (EC) in October 2010 for all 28 members states of the
European Union. It was finally agreed to in January last year by 11
Eurozone members ― Belgium, Germany, Estonia, Greece, Spain, France, Italy,
Austria, Portugal, Slovenia and Slovakia (the “EU11”).
“Disobedience, in the eyes of anyone who has read history, is humanity’s
original virtue. It is through disobedience that progress has been made,
through disobedience and through rebellion.” — Oscar Wilde, Soul of Man
Under Socialism

“The free market is perfectly natural... do you think I am some kind of
dummy?” — Jarvis Cocker

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