Democratising Globalisation: The Leverage of the Tobin Tax

by Heikki Patomäki and Heikki Patomaki

Book Overview

In the 1970s Professor James Tobin proposed a very modest tax on currency transactions. This would make much speculative movement of funds unprofitable and the world financial system less volatile. The Tobin tax, if implemented with other regulatory measures, would be emancipatory. Global finance would be subjected to a process of deliberate control. It would bolster the autonomy of states. And it might transform the politics of globalization in the...

• Format: Paperback
• Language: English
• ISBN: 1856498719
• ISBN13: 9781856498715
• Release Date: August 2001
• Publisher: Zed Books
• Length: 288 Pages
• Weight: 0.82 lbs.
• Dimensions: 0.6" x 5.5" x 8.5"