Rethinking Europe
Follow
Find
481 views | +0 today
Rethinking Europe
A collection of most innovative ideas on how to re-engineer the European Union
Your new post is loading...
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

Europe’s Transition From Social Democracy to Oligarchy

Europe’s Transition From Social Democracy to Oligarchy | Rethinking Europe | Scoop.it

Another impressive analysis of the real motives behind the eurocrisis from economist Michael Hudson. First published in Germany's Frankfurter Allgemeine Zeitung.

 

"So something has to give. Will it be the past few centuries of liberal free-market economic philosophy, relinquishing planning the economic surplus to bankers? Or will society re-assert classical economic philosophy and Progressive Era principles, and re-assert social shaping of financial markets to promote long-term growth with minimum costs of living and doing business?

At least in the most badly indebted countries, European voters are waking up to an oligarchic coup in which taxation and government budgetary planning and control is passing into the hands of executives nominated by the international bankers’ cartel. This result is the opposite of what the past few centuries of free market economics has been all about."

 

More extracts of and comments on this brilliant piece later on my blog http://3eintelligence.wordpress.com

more...
No comment yet.
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

What Can Save the Euro?

What Can Save the Euro? | Rethinking Europe | Scoop.it
It is increasingly evident that Europe’s political leaders, for all their commitment to the euro’s survival, do not have a good grasp of what is required to make the single currency work.

 

Joseph E. Stiglitz expresses his doubts about European leaders' effectiveness in finding a solution to the Eurocrisis

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

2021: The New Europe

2021: The New Europe | Rethinking Europe | Scoop.it
Niall Ferguson peers into the Continent's future and sees Greek gardeners, German sunbathers—and a new fiscal union. Welcome to the other United States.

 

Like all science-fiction, worth reading, but way too optimistic.

more...
No comment yet.
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

Sustainable Good Society: Why the European Way is Still the Best Hope in an Insecure Age

"In the post-collapse era, economic and ecological sustainability increasingly will take center stage. Despite the eurozone crisis, Europe’s social capitalism, steady state economy, pluralistic democracies and environmental policies still provide the best foundation for comprehensive sustainability."

 

American Steven Hill has this challenging analysis in the Social Europe Journal. Although he has the right diagnosis of the world's economic and ecological crisis, his views on Europe's "awareness of the need for comprehensive sustainability" seem a bit too rosy. He also uses a definition of the "steady state economy" which is too close to the "sustainable growth" paradigm.

more...
No comment yet.
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

Who is taking over Europe? Technocrats or Goldman Sachs?

Who is taking over Europe? Technocrats or Goldman Sachs? | Rethinking Europe | Scoop.it

French online magazine Mediapart.fr has an intriguing analysis of the new "technocrats" who will have to save the Euro and the European Union. All three, Lucas Papademos, Mario Monti and Mario Draghi (ECB) have worked or are connected to Goldman Sachs, the bank which helped cook the books of Greece to enter the eurozone.

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

The end of Monnet

The end of Monnet | Rethinking Europe | Scoop.it

Europe's debt crisis is exposing problems in the basic design of the EU, according to this excellent article in the Economist. It is time to set Monnet aside.
Problem with this article is that the EU is facing more than a crisis of governance (the Monnet method). The EU needs a new vision, a new project. So what we need is a political re-boot for a citizens' Europe, not just more economic integration.




more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

EU-Krise: Fischers Replik auf Habermas-Kritik | Europa 2020 und Reformen | EurActiv.de

EU-Krise: Fischers Replik auf Habermas-Kritik | Europa 2020 und Reformen | EurActiv.de | Rethinking Europe | Scoop.it

Nicht nur der Euro versinkt in der Krise, auch die EU hat ein ernstes Problem. Darauf haben gestern Experten bei einer Veranstaltung des European Council on Foreign Relations (ECFR) in Berlin hingewiesen. Auf dem Podium diskutierten der Philosoph Jürgen Habermas, der ehemalige Außenminister Joschka Fischer, der Europarechtler Christian Calliess und der Ökonom Henrik Enderlein.

 

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

Political Theory - Habermas and Rawls: Habermas: "A Pact for or against Europe?"

Political Theory - Habermas and Rawls: Habermas: "A Pact for or against Europe?" | Rethinking Europe | Scoop.it

Habermas on the new role of Germany in Europe

more...
No comment yet.
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

The eurozone crisis: a terrifying race to become a diminished world power

The eurozone crisis: a terrifying race to become a diminished world power | Rethinking Europe | Scoop.it
Timothy Garton Ash: To see off the bond markets, the eurozone has to create a credible sovereign – but that may divide the larger EU...

 

Great article by one of the best commentators on EU policies. I like his comparison with Wagner's Nibelungen Ring but he forgets to mention the last act: Die Götterdämmerung (the demise of the gods).

more...
No comment yet.
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

Democracy and Debt | Michael Hudson

Germany's Frankfurter Allgemeine has translated this brilliant analysis on the relationship between debt and democracy. This article should be mandatory reading for anyone with an real interest in the Eurocrisis and the implications for European democracy.

 

More on this via my 3E Intelligence blog at http://3eintelligence.wordpress.com

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

Phoenix Europe: How the EU Can Emerge from the Ashes

Phoenix Europe: How the EU Can Emerge from the Ashes | Rethinking Europe | Scoop.it

“Phoenix Europe will have to be built around three fundamental ideas: an new economic model based on recognising and respecting ecological and energy limits to traditionally defined and everlasting “economic growth”, social equality and distribution (internal and external) and a new balance between visionary leadership and deeper democracy."

more...
No comment yet.
Rescooped by Willy De Backer from The Great Transition
Scoop.it!

The Eurozone Crisis and the Silence of Social Democracy

The Eurozone Crisis and the Silence of Social Democracy | Rethinking Europe | Scoop.it

In Social Europe Journal Jon Bloomfield undertakes a good diagnosis of the absence of a European Left alternative to the current eurocrisis but unfortunately then prescribes the old social-democrat remedies.

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

Germany: the beleaguered European island

Ulrike Guérot's good analysis of the State of Germany highlights the economic and political paradoxes of Chancelllor Merkel's country.

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

The road to Europe: the return of the State | openDemocracy

The road to Europe: the return of the State | openDemocracy | Rethinking Europe | Scoop.it

Italian economist Grazia Ietto Gillies has a great analysis of the Eurocrisis

more...
No comment yet.
Scooped by Willy De Backer
Scoop.it!

The European Council on Foreign Relations | The reinvention of Europe

The European Council on Foreign Relations | The reinvention of Europe | Rethinking Europe | Scoop.it
more...
No comment yet.