Reform of IMF

Chris Burford cburford at gn.apc.org
Fri Aug 21 00:38:32 PDT 1998


At 10:39 AM 8/20/98 -0400, you wrote:
>>
>>So the Tobin tax which could raise 200 billion dollars a year within three
>>years, is out of the frame. The incremental steps to change are too steep.
>>It cannot be introduced in specific countries alone, because that would
>>immediately disadvantage them for short term finance.
>> . . .
>
>This could change after the bubble bursts,
>when ensuing tribulations could encite
>substantial resentment at financial markets.
>
>I agree w/the rest of your post and note
>that the US labor movement is onto this
>stuff, though clearly they have a ways
>to go in terms of mounting a campaign.
>
>MBS

Any details about where the US labor movement has got?

Chris



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