The Tax that Dare Not Speak...

Chris Burford cburford at gn.apc.org
Thu May 21 16:19:00 PDT 1998


The Tobin Tax would be, and will be, a revolutionary global reform.

The timidity about discussing it by marxists, is indicative of the prevailing levels of sectarianism towards reforms.

Chris Burford

London.

At 10:38 AM 5/20/98 +0000, Hank Sims wrote:
>
> Its Name.
>
> Folks:
>
> What about the Tobin Tax?
> Is it, as it seems, a simple, ingenious solution to the ravages
>of currency speculation, bubble economies, non-productive investment,
>etc.? Or at least a decent place to start addressing these problems?
> Or is it useless, or dangerous, as Sen. Helms and his /coiterie/
>claim?
> When I was at the EU Alternative Summit in Amsterdam last
>summer, the T-Tax got a lot of play. Many academics (such as R.
>Went, of the U. of Amsterdam) supported the /concept/ of the EU,
>precisely because it would have enough weight to institute the T-Tax
>and other associated "Third Way" policies.
> I've got the edited volume on the tax, and I'm going to read it
>this summer. As a student of political science, though, I don't
>think I'll be able to follow all of the economics-based arguments.
>Since you folks have that training and seem to have a skill for
>translating the jargon into English, I'd appreciate some remedial
>instruction.
>
> Best,
>
> Hank Sims
> MA candidate, Globalization
> Humboldt State University
> Arcata, California
>
>
>
>



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