What a tragedy. A rich, productive continent, which has produced arguably the most decent societies in human history, is tearing itself apart because its elite insisted on embarking on a dubious monetary project, and now can’t bring itself to take the steps necessary to give that project a chance of working.For those "necessary steps," incredibly pithily put, follow the link.
We may hope that the EU will discover that they remain rich, productive, and decent (with substantial caveats given still-resonant colonial legacies), and that they are much more than a "dubious monetary project" precisely when that project fails. Rather than "tearing itself apart" the EU could listen to its vibrant street, jettison its failed elites and their punitive austerity recommendations, and hold together through recourse to a shared if fledgling secular sustainable social democratic rights culture. The planet needs a sustainable democratic socialist EU to help show the rest of us the way out of our long neoliberal nightmare. It should take more than predictable Euro-fail and desperate last gasps from conservative dead men walking like Sarkozy, Merkel, and Cameron to stop the EU train toward Green Democracy and a world worth living in.
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