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Ten years ago I would have agreed. Now I don't. For one I didn't appreciate how deep the rot goes in the European project. One of the key myths of the after war golden age was that democracy and markets are mutually supportive instead of diametrical opposite ways of organising a society. And they built the core structure very much out of markets and market rules with very little democracy. With a lot of those rules failing on the level of basic arithmetic. Additionally the European idea and consequently the legitimacy of the European institutions have been used as ablative armour for the capitalist counter revolution.
So what do I expect will happen now that the European Union is threatened by actual fascists? Doubling down on failed policies. CETA or Trump. Austerity or the fascists win.
by generic on Sun Feb 5th, 2017 at 05:40:38 PM EST

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