What we are now witnessing is residue from the era of colonialism.
A Financial Transactions Tax would effectively impose a sales tax on stocks and other financial assets, so that speculators have to pay a tax on their trades.
Valerie Tarico is a psychologist. She is the author of Trusting Doubt: A Former Evangelical Looks at Old Beliefs in a New Light. She is also the founder of WisdomCommons.org.