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Finance Capitalism and Democracy: The Case of the Financial Transactions Tax

In: Financial Crisis Management and Democracy

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  • Stephan Schulmeister

    (University of Vienna)

Abstract

This chapter analyses the pros and cons of financial transaction taxes (FTT) as mechanisms to mitigate financial instability and the proposal of the European Commission to implement an FTT in the EU in September 2011 until its suspension, as well as the prospects for it to be adopted in the future.

Suggested Citation

  • Stephan Schulmeister, 2021. "Finance Capitalism and Democracy: The Case of the Financial Transactions Tax," Springer Books, in: Bettina De Souza Guilherme & Christian Ghymers & Stephany Griffith-Jones & Andrea Ribeiro Hoffmann (ed.), Financial Crisis Management and Democracy, edition 1, chapter 0, pages 125-134, Springer.
    • Handle: RePEc:spr:sprchp:978-3-030-54895-7_6
    DOI: 10.1007/978-3-030-54895-7_6
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