Thursday, 12 July 2018

Substituting Social Democracy with a Neoliberal EU

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Continued from here.

I have replied to Nick Johnson here, writing:

I agree with your views expressed in the first two paragraphs of your reply, but I contest the proposition that there is free trade within Europe or between Europe and other parts of the world.

Also, I have no reason to look at EU-induced regulations as a net benefit, and to the extent that these regulations and European trade policy are of a benign and beneficial character, they can be achieved by other arrangements that do not presuppose a political nightmare that drains the continent of democracy and substitutes the age of social democracy (which sought to balance the power of capital and labour) with a neoliberal order that forces Europe into a procyclical and growth-inhibiting posture that causes great misery among Europeans, especially among the more vulnerable strata that the Left used to be concerned about before it shed its social democratic stance and turned neoliberal and regressive in many other ways.

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