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.
Dennis Trainor, Jr. is the host and producer of Acronym TV. He has also produced and directed the documentaries American Autumn: an Occudoc and Legalize Democracy. Follow him on twitter (@DennisTrainorJr).