
The Dig: Europe w/ Anton Jäger & Dominik Leusder
Jacobin Radio
00:00
Does the ECB Reflect the German Ordo-Liberalism?
To what extent is neoliberalism or more specifically German ordo-liberalism baked into the very architecture of the EU and the Eurozone? And how was that to the extent that it was accomplished? Because on the one hand, there are debt breaks and the ways that the euro imposes a sort of monetary dictatorship upon member states. But on the otherhand, there are these massive agricultural subsidies secured in significant part by France, but also other countries. So generally speaking, does the EU serve these heinecchi and neoliberal ends of protecting the economy from democracy? Or does it also reflect a more variegated balance of class and social forces across Europe?
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