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attac bank tribunal

"The Great Transformation Has Begun" (tags)

The core of this system, its over-arching law, is the endless accumulation of capital. That is its main goal to which everything else is subordinated. Persons and nature are used to make more money out of money. Therefore we are degraded to little wheels in this machine.

When Financial Management Paralyzes Democracy (tags)

The 2010 Attac Bank Tribunal in Berlin was a civil society legal proceeding that decried the speculative business model: take excessive risks and burden taxpayers with the costs. Rating agencies should be public. Banks that are too big to fail are too big to exist and should be broken up

There is only one economy (tags)

The stock exchange produces nothing. Speculations and bets do not create any assets, even if the daily stock market reports on television try to get us to believe the opposite. That the financial markets make themselves independent is the result of political decisions.

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