[QODLink]
Inside Story
Channelling Robin Hood?
Supporters of the Robin Hood tax are urging world leaders to force banks to clear up the mess they helped to create.
Last Modified: 12 Nov 2010 14:20 GMT

Supporters of the Robin Hood tax are calling on world leaders gathered in South Korea for the G20 summit to listen to their people rather than to the banks.

They argue that banks that were bailed out over the past two years are now back to business as usual but that a global Robin Hood tax would mean the world's banks pay to reduce the deficits they helped to cause, removing the need for austerity measures.

But will world leaders heed these calls and is the Robin Hood tax a feasible idea?

Inside Story, with presenter Dareen Abughaida, discusses with guests: Max Lawson, a senior policy adviser at Oxfam and a spokesperson for the Robin Hood Tax Campaign; Simon Hills, an executive director at the British Bankers Association; and Aly Khan Satchu, a financial analyst and CEO of Rich Investments.

This episode of Inside Story aired from Thursday, November 11, 2010.

Source:
Al Jazeera
Topics in this article
People
Country
Organisation
Featured on Al Jazeera
Industrial civilisation's entire economy is based on a finite resource we treat as infinite.
Similar tactics of oppression have been used by the leadership of Egypt and Syria to weaken the will of their people.
African refugees going to Israel take a harrowing journey to get there - only to be left to fend for themselves.
The war between Israel and Iran is already underway, even if the methods employed on both sides are subterranean.
<  > 
join our mailing list

Enter Zip Code
Go