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There is a growing sense of crisis in and of the European Union. Crises in Europe range from the immediate economic crisis of the Eurozone to political and cultural crises associated with the rise of right-wing populism and reaction to the perceived failure of state multi-culturalism. Neither...
Persistent link: https://www.econbiz.de/10012941847
Does the European Central Bank (‘ECB') have the mandate to do ‘whatever it takes' to save the Euro? While the German Constitutional Court answered the question with a clear ‘no', the European Court of Justice suggested that the ECB did in fact have that mandate. This judicial battle for...
Persistent link: https://www.econbiz.de/10012942009
The original constitution of Economic and Monetary Union (EMU) rested on a neoliberal approach to interstate federalism à la Hayek. This approach appealed to political elites at the time of the Maastricht Treaty, promising to overcome the so-called ‘crisis of governability’ of the 1970s and...
Persistent link: https://www.econbiz.de/10013233578
Normative political theory is divided on whether questions of distributive justice properly extend beyond the state. From a functionalist perspective, however, justice reflects a balance of material forces, subject to the logics of ‘market' and ‘social' justice, or ‘capitalism' and...
Persistent link: https://www.econbiz.de/10013060860
The historical conjuncture reached in the European Union recalls the spectre of authoritarian liberalism, with politically authoritarian forms of government emerging in defence of practices and ideas associated with economic liberalism. Offering a long view of this formation, the paper traces...
Persistent link: https://www.econbiz.de/10012997123