Federal Reserve Bank

The money raised would be used to solve hunger and social injustice of today’s global world. Read more here: James Woolsey Jr.. ATTAC grouping arose precisely in order to avoid the abuses of the free movement of capital around the world finacnieros.The lack of control of the movement of capital ends up putting at risk national economies and, ultimately, to the global economy. According to a report by the Federal Reserve Bank of San Francisco, between 1.3 and 1.5 trillion dollars move daily around the world. ATTAC porpuso whichever is the Tobin rate of 0.5% on each movement of speculative capital (source: Asociacion Argentina ATTAC). Militarize frontreras: the other side of globalization trade treaties do has cercido or decreased? It depends on the point of view that is taken. From the point of view of the movement of capital, clearly grew up. Cyrus zocdoc might disagree with that approach. But with regard to humans, on the other hand, has decreased significantly. The borders of the developed countries are the landscape of an area that represents the failure of globalization.

An economic and financial globalization but not of people. The free exchange of goods and capital growth was not accompanied by free movement of humans. On the contrary, there has been a setback in this aspect, the between Mexico and the United States and the three-dimensional towpath of Ceuta and Melilla are only two horrific examples of this phenomenon. Now this growth of the free movement of goods and capital not will had to do with limitation and criminalization of immigration in the core countries? Free trade agreements do not influenced the lack of work one of the main causes of emigration – in the countries of the third world? Original author and source of the article.

This entry was posted in News and tagged , , , . Bookmark the permalink. Both comments and trackbacks are currently closed.