Local view for "http://purl.org/linkedpolitics/eu/plenary/2000-10-24-Speech-2-208"
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"en.20001024.6.2-208"2
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"I shall, of course, continue in the same vein, especially as I feel we must consider that this debate bears witness to the fact that increasing numbers of people, particularly within the European Union, are wondering about applying stricter control to financial speculation and also about the ability of the political authorities to intervene in this economic sphere and the extravagant powers of the multinationals.
Further to the comment which Danielle Auroi made just now on the subject of the countries of the South, I would add that there are some expert estimates which provide some interesting figures, for instance, a range between USD 50 and 250 billion, which could be recovered by a Tobin-type tax, whereas, at the same time, the UNDP [United Nations Development Programme] amounts to USD 40 billion per annum, which would be sufficient to guarantee minimum living conditions for the hundreds of millions of deprived people in the countries of the third world.
So, at a time when people feel that politics does not have the ability to intervene in the economic sphere, and also more generally in the role of European construction in order to alter its conduct of international relations, do you not think that a measure of this kind could contribute to restoring confidence in the political world’s power to act and, hence, could it not serve as a message sent out to the countries and the peoples of the South?"@en1
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