Correct spelling for the English word "ATTAC" is [ɐtˈak], [ɐtˈak], [ɐ_t_ˈa_k] (IPA phonetic alphabet).
ATTAC is an abbreviation for “Association for the Taxation of Financial Transactions for the Aid of Citizens.” It is a global network of activists and organizations that promote and advocate for the implementation of the Tobin tax or Robin Hood tax. The Tobin tax, named after Nobel laureate economist James Tobin, proposes a small tax on foreign exchange transactions to discourage speculative financial activities.
ATTAC's primary goal is to promote social and economic justice by challenging the dominant influence of corporations and financial institutions on global policies. It aims to address the growing wealth gap, financial instability, and environmental degradation caused by the unregulated and excessive power of the financial sector.
ATTAC utilizes various strategies to achieve its objectives, including grassroots mobilization, lobbying, and raising public awareness about the impacts of financial speculation. The organization aims to build a broad-based social movement that demands greater accountability and regulations in the global financial system, as well as the redistribution of wealth for the benefit of the majority.
ATTAC operates at both local and international levels, organizing campaigns, workshops, and conferences to foster dialogue and cooperation among diverse groups fighting for economic justice. The organization believes that through collective action and solidarity, it is possible to bring about transformative change, challenge neoliberal policies, and create an alternative economic model that prioritizes the well-being of people and the planet.