The Association pour la Taxation des Transactions financières et pour l'Action Citoyenne (''Association for the Taxation of financial Transactions and Citizen's Action'', ATTAC) is an activist organisation originally created to promote the establishment of a tax on
foreign exchange
The foreign exchange market (forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. By trading volume, it i ...
transactions.
Background
Originally called "Action for a Tobin Tax to Assist the Citizen", ATTAC was a
single-issue movement
Single-issue politics involves political campaigning or political support based on one essential policy area or idea.
Political expression
One weakness of such an approach is that effective political parties are usually coalitions of faction ...
demanding the introduction of the so-called
Tobin tax on
currency
A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific envi ...
speculation
In finance, speculation is the purchase of an asset (a commodity, good (economics), goods, or real estate) with the hope that it will become more valuable in a brief amount of time. It can also refer to short sales in which the speculator hope ...
.
[ n the ATTAC: A new European alternative to globalisation, David Moberg, These Times magazine, May 2001/ref> ATTAC has enlarged its scope to a wide range of issues related to ]globalisation
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, th ...
, and monitoring the decisions of the World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
(WTO), the Organisation for Economic Co-operation and Development
The Organisation for Economic Co-operation and Development (OECD; , OCDE) is an international organization, intergovernmental organization with 38 member countries, founded in 1961 to stimulate economic progress and international trade, wor ...
(OECD,) and the International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
(IMF). ATTAC representatives attend the meetings of the G8 with the goal of influencing policymakers' decisions. In 2007, ATTAC spokesmen criticised Germany for what it called the criminalisation of anti-G8 groups.
At the founding, ATTAC had specific statutory objectives based on the promotion of the Tobin tax. For example, ATTAC Luxembourg specifies in article 1 of its statutes that it:
...aims to produce and communicate information, and to promote and carry out activities of all kinds for the recapture, by the citizens, of the power that the financial sector has on all aspects of political, economic, social and cultural life throughout the world. Such means include the taxation of transactions in foreign exchange markets (Tobin tax).[''Luxembourg Official Journal'', p. 42, ATTAC Statutes (Translated from French)]
/ref>
ATTAC refutes claims that it is an anti-globalisation movement
The anti-globalization movement, or counter-globalization movement, is a social movement critical of economic globalization. The movement is also commonly referred to as the global justice movement, alter-globalization movement, anti-globalist ...
, but it criticises the neoliberal ideology that it sees as dominating economic globalisation. It supports those globalisation policies that their representatives characterise as sustainable
Sustainability is a social goal for people to co-exist on Earth over a long period of time. Definitions of this term are disputed and have varied with literature, context, and time. Sustainability usually has three dimensions (or pillars): env ...
and socially just. One of ATTAC's slogans is "The World is not for sale", denouncing the " merchandisation" of society. Another slogan is "Another world is possible", pointing to an alternative globalisation in which people and not profit is in focus.
James Tobin opposing ATTAC
Attac was founded to promote the Tobin tax by the Keynesian
Keynesian economics ( ; sometimes Keynesianism, named after British economist John Maynard Keynes) are the various macroeconomic theories and models of how aggregate demand (total spending in the economy) strongly influences economic output an ...
economist James Tobin
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Harvard University, Harvard and Yale Uni ...
. Tobin has said that Attac has misused his name. He says he has nothing in common with their goals and supports free trade
Free trade is a trade policy that does not restrict imports or exports. In government, free trade is predominantly advocated by political parties that hold Economic liberalism, economically liberal positions, while economic nationalist politica ...
— "everything that these movements are attacking. They're misusing my name."["They Are Misusing My Name"]
, an interview with James Tobin, ''Der Spiegel'', 3 September 2001
Organisational history
In December 1997, Ignacio Ramonet
Ignacio Ramonet Miguez (born 5 May 1943) is a Spanish academic, journalist, and writer who has been based in Paris for much of his career. After becoming first known for writing on film and media, he became editor-in-chief of ''Le Monde diplomati ...
wrote an editorial in '' Le Monde diplomatique'' in which he advocated for the establishment of the Tobin tax and the creation of an organisation to pressure governments around the world to introduce the tax. ATTAC was created on 3 June 1998, during a constitutive assembly in France. While it was founded in France it now exists in over forty countries around the world. In France, politicians from the left are members of the association. In Luxembourg, Francois Bausch of the left Green party is the founding politician in the association's initial member list.
ATTAC functions on a principle of decentralisation
Decentralization or decentralisation is the process by which the activities of an organization, particularly those related to planning and decision-making, are distributed or delegated away from a central, authoritative location or group and gi ...
: local associations organise meetings, conferences, and compose documents that become counter-arguments to the perceived neoliberal discourse. ATTAC aims to formalise the possibility of an alternative to the neoliberal society that is currently required of globalisation. ATTAC aspires to be a movement of popular education.
Views on Attac and its members in different countries
Finland
Communist Juhani Lohikoski Juhani is a common Finnish male given name and Arabic surname.
Given name
* Juhani Aaltonen (born 1935), Finnish jazz saxophonist and flautist
* Juhani Aho, Finnish author and journalist
* Juhani Kaskeala, Finnish admiral and Chief of Defense of ...
, previously a chairman of Communist Youth League
The Communist Youth League of China (CYLC; also known as the Young Communist League of China or simply the Communist Youth League or CYL) is a people's organization of the People's Republic of China for youth between the ages of 14 and 28, r ...
and Socialist League, served as the chairman of Finnish Attac for two terms (2002 - 2004). Yrjö Hakanen
Yrjö Hakanen (born 24 August 1952) is a Finnish politician who served as chairman of the Finnish Communist Party from 1994 to 2013.
Hakanen has a master’s degree in Political Science from the University of Helsinki. He worked as a journalis ...
, chairman of the Communist Party of Finland
The Communist Party of Finland (, SKP; ) was a communist political party in Finland. The SKP was a section of Comintern and illegal in Finland until 1944.
The SKP was banned by the state from its founding and did not participate in any elec ...
, was a member of the board and a member of the founding committee. In March 2002 Aimo Kairamo, the long-time chief editor of the party organ of the Social Democrat Party, resigned from Attac and recommended the same decision for other social democrats because of the left-wing minority communists' leading positions. Soon also the social democrat foreign minister Erkki Tuomioja
Erkki Sakari Tuomioja (born 1 July 1946) is a Finnish politician and has previously been a member of the Finnish Parliament. From 2000 to 2007 and 2011 to 2015, he served as the minister for foreign affairs. He was president of the Nordic Counc ...
considered to follow Kairamo's example.
Sweden
Researcher Malin Gawell covers the birth and development of Attac Sweden in her doctoral thesis on activist entrepreneurship. She suggests that Attac in Sweden was formed by people seeking a new way of organising with flat hierarchy, and with the strongly sensed need of making a change as the driving force.
From another perspective, Sydsvenskan
''Sydsvenska Dagbladet Snällposten'', generally known simply as ''Sydsvenskan'' (, ), is a daily newspaper published in Scania in Sweden.
History and profile
''Sydsvenskan'' was founded in 1870. In 1871 the paper merged with ''Snällposten'' ...
newspaper suggested that the downturn of memberships in Swedish Attac after the hype in the beginning of 2001 may be due to its views on trade policies.[Det goda livet]
Sydsvenskan
''Sydsvenska Dagbladet Snällposten'', generally known simply as ''Sydsvenskan'' (, ), is a daily newspaper published in Scania in Sweden.
History and profile
''Sydsvenskan'' was founded in 1870. In 1871 the paper merged with ''Snällposten'' ...
, pääkirjoitus 19 January 2004
Issues and activities
The main issues covered by ATTAC today are:
* Control of financial markets (e.g., Tobin tax)
* "Fair" instead of "free" trade, via democratic control of the World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
and international financial institutions such the International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
, Worldbank
The World Bank Group (WBG) is a family of five international organizations that make leveraged loans to developing countries. It is the largest and best-known development bank in the world and an observer at the United Nations Development Group ...
, European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...
, North American Free Trade Agreement
The North American Free Trade Agreement (, TLCAN; , ALÉNA), referred to colloquially in the Anglosphere as NAFTA, ( ) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The ...
, Free Trade Area of the Americas
The Free Trade Area of the Americas (FTAA, , ALCA, Portuguese: ''Área de Livre Comércio das Américas'', ALCA, French: Zone de libre-échange des Amériques, ZLEA) was a proposed agreement to eliminate or reduce the trade barriers among all ...
, and G8.
* Defense of public goods - air, water, information
* Defense of public social services - like those relevant to health, social services, and social security
Welfare spending is a type of government support intended to ensure that members of a society can meet basic human needs such as food and shelter. Social security may either be synonymous with welfare, or refer specifically to social insurance ...
. For example, it is against the privatisation
Privatization (rendered privatisation in British English) can mean several different things, most commonly referring to moving something from the public sector into the private sector. It is also sometimes used as a synonym for deregulation w ...
of pension
A pension (; ) is a fund into which amounts are paid regularly during an individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be either a " defined benefit plan", wh ...
s and of the health care system
A health system, health care system or healthcare system is an organization of people, institutions, and resources that delivers health care services to meet the health needs of target populations.
There is a wide variety of health systems aroun ...
. ATTAC has also taken a position on genetically modified organisms. ATTAC also opposes General Agreement on Trade in Services
The General Agreement on Trade in Services (GATS) is a treaty of the World Trade Organization (WTO) which entered into force in January 1995 as a result of the Uruguay Round negotiations. The treaty was created to extend the multilateral trading ...
.
* The struggle to end tax evasion (tax havens
A tax haven is a term, often used pejoratively, to describe a place with very low tax rates for non-domiciled investors, even if the official rates may be higher.
In some older definitions, a tax haven also offers financial secrecy. However, ...
) as practiced by transnational corporations and rich individuals
* Sustainable globalisation
* Cancellation of the debt of Developing Countries
The debt of developing countries usually refers to the external debt incurred by governments of developing country, developing countries.
There have been several historical episodes of governments of developing countries borrowing in quantitie ...
.
* ATTAC campaigned against the Treaty establishing a Constitution for Europe
The Treaty establishing a Constitution for Europe (TCE; commonly referred to as the European Constitution or as the Constitutional Treaty) was an Ratification, unratified international treaty intended to create a consolidated constitution for ...
.
* ATTAC is involved in fighting against climate change, for environmental justice
Environmental justice is a social movement that addresses injustice that occurs when poor or marginalized communities are harmed by hazardous waste, resource extraction, and other land uses from which they do not benefit. The movement has gene ...
and, especially, in supporting Alternatiba, Village of Alternatives
Alternatiba (« Alternative », in Basque language) is a framework to mobilise society to face the challenges of climate change. Numerous Alternatiba events, which provide hundreds of alternatives in order to raise people's awareness and to s ...
.
In France, ATTAC associates with many other left-wing
Left-wing politics describes the range of Ideology#Political ideologies, political ideologies that support and seek to achieve social equality and egalitarianism, often in opposition to social hierarchy either as a whole or of certain social ...
causes.
Nestlégate
In 2008, the Swiss multinational food and beverage company Nestlé
Nestlé S.A. ( ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 20 ...
was hit by a scandal which was later called Nestlégate by the media. Between the years 2003 and 2005, Nestlé hired the external Security company Securitas AG
Securitas AG is a Switzerland, Swiss company providing security services with head office in Zollikofen, regional offices in Basel, Bern, Geneva, Lausanne, Lugano, Lucerne, Neuchâtel, Olten, St. Gallen, Thun and Zürich as well as 25 other bra ...
to spy on the Swiss branch of Attac. Nestlé started the monitoring when Attac Switzerland decided to work on a critical book about Nestlé.
In response to the Nestlégate, Attac Switzerland filed a lawsuit against Nestlé. The lawsuit was decided in favour of Attac in January 2013, as the personal rights of the observed were violated. They received a compensation for damages of 3000 Swiss francs
The Swiss franc, or simply the franc, is the currency and legal tender of Switzerland and Liechtenstein. It is also legal tender in the Italian exclave of Campione d'Italia which is surrounded by Swiss territory. The Swiss National Bank (SNB) i ...
each (about 3230 USD at the date of the proclamation of sentence).
See also
* Alter-globalisation
Alter-globalization (also known as alter-globo, alternative globalization or alter-mundialization—from the French alter- mondialisation) is a social movement whose proponents support global cooperation and interaction, but oppose what they desc ...
* Anti-globalisation
The anti-globalization movement, or counter-globalization movement, is a social movement critical of economic globalization. The movement is also commonly referred to as the global justice movement, alter-globalization movement, anti-globalist m ...
* Clearstream
Clearstream or the Clearstream Group is the central securities depository arm of the Deutsche Börse Group. It provides settlement and custody as well as other related services for securities across all asset classes. Its subsidiary in Luxembour ...
scandal, a clearing house
Clearing house or Clearinghouse may refer to:
Banking and finance
* Clearing house (finance)
* Automated clearing house
* ACH Network, an electronic network for financial transactions in the U.S.
* Bankers' clearing house
* Cheque clearing
* Cl ...
(meta-bank) involved in one of the biggest financial scandals ever
* Currency transaction tax
A currency transaction tax is a tax placed on the use of currency for various types of transactions. The tax is associated with the financial sector and is a type of financial transaction tax, as opposed to a consumption tax paid by consumers, t ...
* Financial transaction tax
A financial transaction tax (FTT) is a levy on a specific type of financial transaction for a particular purpose. The tax has been most commonly associated with the financial sector for transactions involving intangible property rather than rea ...
* Global financial system
The global financial system is the worldwide framework of legal agreements, institutions, and both formal and informal agent (economics), economic action that together facilitate international flows of financial capital for purposes of investme ...
* MRAP
Mine-Resistant Ambush Protected Vehicle (MRAPV), also known as MRAP vehicle, is a type of armoured personnel carrier that is designed specifically to withstand land mines, improvised explosive device (IED) attacks, and ambushes to save troops' li ...
, anti-racist NGO engaged in the creation of ATTAC
* Robin Hood tax
The Robin Hood tax is a package of financial transaction taxes (FTT) proposed by a campaigning group of civil society non-governmental organizations (NGOs). Campaigners have suggested the tax could be implemented globally, regionally, or unil ...
* Tobin tax
* Ireland as a tax haven
Ireland has been labelled as a tax haven or corporate tax haven in multiple financial reports, an allegation which the state has rejected in response. Ireland is on all academic " tax haven lists", including the , and tax NGOs. Ireland does no ...
References
*
*
External links
ATTAC official web site
"Disarming the Markets"
editorial by Ignacio Ramonet
Ignacio Ramonet Miguez (born 5 May 1943) is a Spanish academic, journalist, and writer who has been based in Paris for much of his career. After becoming first known for writing on film and media, he became editor-in-chief of ''Le Monde diplomati ...
*
{{DEFAULTSORT:Association Pour La Taxation Des Transactions Pour L'aide Aux Citoyens
Anti-globalization organizations
Political and economic think tanks based in France
Tax reform
1998 establishments in France
Organizations established in 1998
Financial transaction tax