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Financialization, deregulation and securitization transactions
Before the 1980s, banks couldn’t use people’s deposits as collateral for investments. Banks were not allowed to use their customers’ deposits to invest them. Up until the early 1980s, when you owned a share in a company, a building or a field and wanted to buy or sell other shares, the state levied transfer duties.…
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Retirement pensions
Why should we pay pensions higher than average incomes to people who have earned their money by polluting without any solidarity with the rest of the people or with future generations (oil, nuclear, pharmaceutical industries, banks, etc.)? If they earned more than the average salary when they were working, they were able to invest their…