Indeed, Stiglitz does not address all the issues of a broad European political reform program, although his proposals include several features of a fiscal union. His concerns are more short-term: he just underlines the fact that, if not radically changed, the current economic and fiscal rules lead to the collapse of the Eurozone and of the EU. And he suggests some changes to avoid that, what I see as a prerequisite to a further deepening of the European Union. And he points to the lack of leadership, too.

So, the main question is: how to bring about change in Europe? It is the purpose of DiEM25

"Dieu se rit des hommes qui se plaignent des conséquences alors qu'ils en chérissent les causes" Jacques-Bénigne Bossuet