Financial globalization stands the economic interest in the highest good and, in utter disregard to the rights of peoples, places pursuit of profit as an absolute rule in all societies. The consequences are rather obvious: the worsening worldwide economic imbalances, ecological, social and cultural rights, and increasingly disturbing limitation of the controls that correspond to democratic institutions, which tend to be replaced by strictly logical mechanisms and speculation that only express the interests of transnational corporations and financial markets. loans Interest groups, speculators and financial agents seize power from the people, trying to reduce them to mere condition of consumers and, thus, unable to decide their own destiny, for money the sake of transformation presented as inevitable natural law single thought, and repeatedly broadcast by major media groups. It is generating a situation of frustration and global powerlessness, along with the increasing inequality in different parts of the planet and the growing deterioration of rights and social gains made over the twentieth century, is the best breeding ground for growth of individualistic values, xenophobic, divisive and undemocratic. commercial The market total freedom of movement of capital, tax havens and accelerated growth in the volume of speculative transactions carried forward to company the States, regions and cities to earn a equity shameful race the favor of big consumer investors. This insane group competition leads to deliberate dismantling of the legal, political and social rights of States to facilitate investment. In the name of "progress", management about two billion dollars come and go every day to search for a quick profit on the exchange markets, pursuing an instant benefit that is unrelated to productive investment or trade or real of goods and services. Given this speculative frenzy is becoming more difficult to distinguish between legal and illegal transactions, banks investment banking and money laundering, trade and organized crime. The most tangible effect of this process is the continued growth of capital income at the expense of labor, systematic tax evasion and, in general, the extent of poverty and spreading of insecurity and exclusion. At the beginning paradoxically XXI century, the fate of humanity depends more than ever from the dictates of economic institutions (IMF, OECD, WTO, World Bank and the respective central banks) undemocratic, trying to control the world from account their capacity as representatives of financial power. It is urgent to stop this process by a determined citizen action and civic participation. The most urgent task is to create effective tools of regulation of markets internationally. Against fatalism, cynically introduced by the very leaders of this "supranational government money" also appear promising alternatives that drive us to regain the knowledge that another world is possible. ATTAC financial movement plural, democratic and participatory, aims to fight to return power to the citizenry, which is its legitimate custodian in any democracy, and to help us improve the democratic control of their representatives. trading Based on this purpose, we seek to establish democratic mechanisms of regulation and control of markets and the international financial system, and enhance and strengthen the development of an independent public opinion, active and well informed. We subscribe companies to the objectives of the international ATTAC Platform .
October 29, 2009
