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Attac (organization) facts for kids

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A sign from ATTAC at the G8 Summit in Germany, 2007
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An ATTAC poster in France, 2004
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An ATTAC banner in front of the Cologne Cathedral in Germany, 2004

ATTAC is a group that wants to make the world a fairer place. Its full name means "Association for the Taxation of Financial Transactions for the Aid of Citizens." This group suggests a special tax on money that moves between countries. This tax is often called the Tobin tax.

What ATTAC Does

At first, ATTAC mostly focused on getting the Tobin tax started. This tax would be on money that people move quickly between different countries to make a profit. This is called currency speculation.

Now, ATTAC works on many other issues. These issues are all about how countries and economies are becoming more connected, which is known as globalization.

  • ATTAC looks closely at decisions made by big groups like the WTO. The WTO helps countries trade with each other.
  • They also watch the OECD. This group helps countries work together on economic issues.
  • Another important group they follow is the IMF. The IMF helps countries with money problems.
  • ATTAC also goes to meetings of the G8. The G8 is a group of leaders from some of the world's biggest economies. ATTAC tries to share its ideas with these leaders.

ATTAC believes that the way the world's economy is set up now, called neoliberalism, isn't fair. They don't want to stop globalization completely. Instead, they want globalization to be fair for everyone and good for the planet. They call this sustainable and socially just globalization. One of their main sayings is "The World is not for sale." This means they don't want everything in society to be treated like something you can just buy and sell.

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