Tepid and meagre regulatory strategies such as the nominal Tobin Tax on transnational financial. [fact]
Similarly, the best that can be said about the measures being formulated today to regulate finance by the G20 countries is that they represent efforts to resist finance for its own good. Tepid and meagre regulatory strategies such as the nominal Tobin Tax on transnational financial transactions or new controls on derivatives (shot through with loopholes) will do relatively little to alter the global capitalist dynamic of exploitation, of which finance is an important component and manifestation.
Max Haiven, Cultures of Financialization, loc. 512