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.
Gregg Levine is a contributor to Truthout and the former managing editor of Firedoglake. For more of his work, please visit his site, capitoilette. Follow Gregg on Twitter: @GreggJLevine.