Financial transaction tax won't kill capitalism

Published October 19, 2011

A generalized financial transaction tax—once a pipe-dream of a radical fringe—has become an imminent reality.

Bill Gates and European Commission president José Manuel Barroso have put their weight behind it. And several of the world's most influential countries are expected to endorse the idea at the G20 summit Nov. 3 to 4 in Cannes, France. South Korea, South Africa, Brazil, and India—all...

To view the rest of this article, please choose one of the following:

OPTION 1 Subscriber Login Forget your password?	Email Password
OPTION 2 Subscribe to Embassy	Subscribe to the print and electronic editions and get instant access to Embassy online.