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Chow Wei Cheng
"The dictatorship of financial markets? Another world is possible!". That was the theme of the international conference held in Paris, June 24-26.
The conference was coordinated by ATTAC, a recently formed French organisation that calls for a tax on speculative financial transactions to raise revenue to fund social security, health, education and public works. ATTAC also campaigns against the privatisation of the pension funds in France.
It was established by various trade unions, non-government organisations, social movements, environment groups, left political parties and prominent individuals. In the year since its creation, ATTAC has grown to become a significant mass movement with around 11,000 members in France, organised in 120 local branches. It also has a group in the French parliament.