in Blasfémias
"Um grito de lucidez no Financial Times
Poucos jornais terão defendido de forma tão sistemática e consistente que a solução para todos os problemas europeus e do euro passam por mais integração e mais “liderança” do que o Financial Times. Por isso apreciei especialmente este texto do seu colunista Gideon Rachman:
Those who argue that “political union” is the solution to the current crisis seem to believe that Europe’s problem is institutional (…) This is a profound misdiagnosis of the crisis. The real problem is political and cultural. There is not a strong enough common political identity in Europe to support the single currency. That is why German, Dutch and Finnish voters are revolting against the idea of bailing out Greece again – while Greeks riot against what they see as a new colonialism imposed from Brussels and Frankfurt.
To argue that even deeper political integration is the solution to this mess, is like recommending that a man with alcohol poisoning should treat himself with a more powerful brand of vodka.
It is important to understand that the origins of the current crisis lie precisely in the dream of political union in Europe. For the true believers, currency union was always just a means to that greater end. It was a way of “building Europe”. (…)
Joschka Fischer, a former German foreign minister, who is one of the boldest advocates of deeper European unity, was unrepentant in defending this elitist model of politics. He insisted that most important foreign policy decisions in postwar Germany had been made in the teeth of public opposition. “It’s called leadership,” he explained.
Such leadership is all very well, if it is vindicated by events. However, if elite decisions go wrong, they create a backlash – which is exactly what is happening in Europe now. German voters were told repeatedly that the euro would be a stable currency and that they would not have to bail out southern Europe. They now feel betrayed and angry. Greek, Irish, Spanish and Portuguese voters were told repeatedly that the euro was the route to wealth on a par with that of northern Europe. They now associate the single currency with lost jobs, falling wages and slashed pensions. They too feel betrayed and angry.
(…) A single currency that was meant to bring Europeans together is instead driving them apart.
(…)But if political union is not the answer to Europe’s problems, what is? There are two possible solutions. The eurozone leaders might somehow patch the current system up. Or the weaker members of the currency union – above all, Greece – could leave. That process would be chaotic and dangerous. But Greece, as it stands, is a demoralised country that has lost the sense that it controls its own government. Leaving the euro might just be the beginning of a national regeneration."
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