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Friday, June 1, 2012

The EU fantasy project. Cultural and political-economic suicide.

Hurting, maiming, disfiguring millions - all in the name of Socialist superiority.

by StFerdIII

 Europe faces many problems. Debt and bankruptcy, not to mention an absurd currency union are obvious issues. Underlying these problems is the Euro attitude towards competition, the mythical much maligned 'globalization', and individual responsibility. The Euro experiment has been designed in part to stop the processes of globalization [and use the UN to aid in this]; ignore competition by creating a regional bloc that would be somewhat inured to the flows of capital and cycles of business; and negate the individual and subsume him into a collective – all the better to march him around at the whim of the state.

Initially in 1948 the essential goal of European integration was to avoid a new war. For this, a permanent accommodation had to be found with Germany. Furthermore, the Cold War called for an economically strong, politically stable Western Europe.....Globalization though weak and fragmented has apparently catalyzed defensive reactions in various parts of the world, often organized around the principles of national and territorial identity. In Europe, this perceived threat materializes in the expanding powers of the European Union and the media's portrayal of heartless and cruel Americanization of European culture and economic development.” [America vs. Europe, p. 134,5]

The problem with the European Dis-Union is that it was established to avoid another civil-war, but quickly mutated into a regionalized, socialized, and entirely unionized and plutocratized, unrepresentative set of agencies mired in the corruption and nexus of big government, big unions, and 'national champions'. The 'little guy' gets 'little' out of this deal. The idea that a political union with a meshing of fiscal centralization would naturally follow a monetary union, was always a fantasy. It is the reverse of what happens in a natural forming currency bloc and federated system of governance.

First there must be common interests, economic factors, labour and capital mobility. None of these outside of the Benelux and Germany exist in Europe. Second there must be similar cultural and issues of national or state interests, which are in alignment. None of these outside of the Benelux and Germany exists in Europe. Third, a monetary union based around the first 2 principles, and buttressed by common economic interests can follow. None of these preconditions outside of the Benelux and Germany exists in Europe.

The Europeans got everything precisely backwards and precisely wrong, because they – at the elite level – believed that social engineering, state power, appeals to communal interests, and the endless myth making and propaganda of Europe First! would overcome political, economic and cultural reality. They were dead wrong and millions are going to suffer.

'Globalization' has always been viewed within the EU as anathema to the 'European model'. The EU is a large regional bloc with high external tariffs which distorts external trade patterns. The Europeans famously have kept out African agriculture products, to appease French, Spanish and Italian agriculturalists and large-scale politically important agro-firms, even as they have ushered in African Moslem labour, immigrants who consume an enormous amount of the welfare state's resources including free housing, schooling health-care, high unemployment payments, not to mention high crime rates, state-funded mosques, and a large un-assimiliated youth population. It is bizarre.

In essence the Europeans traded off limited Globalization and its attendant competition, with low-skilled, low-cost imported Moslem labour. Given that the Moslem unemployment level is now about 50%, this trade-off has not worked out well. Instead of opening up their markets to competition and productivity, the Euros decided that cheap Moslem labor, high tax rates, and the milking of private assets was the path to socialized prosperity. Likewise the importation of large numbers of Moslems into Europe mimics the American problem with 'illegal' Latin labour which powerfully affects both budgets and culture. The Euros though they could buy oil from Moslem states in exchange for the jettisoning by these same states, of their excess Moslem youth and population.

They were wrong on all accounts. Now a deadened and bankrupted EU, with GDP per annum growth of 1.5% on average for the last 30 years, and real unemployment of 15-20%, is saddled with a huge [40 million?] Moslem population, restive, angry, unemployed and culturally distinct from their Euro hosts. Such a situation will not end well.

Instead of dealing with real issues – rigidity, corruption, bankrupted socialized systems, bankrupted unions and national 'champions', a cultural of apathy and laziness, a lack of investment, political plutocracy, a non-existent military, dependence on US defence – the Euros decided that the creation of another reality, superseding the real world of the real political-economy, built around an unsupported pretty paper currency, and the rhetorical zeal of unbridled socialism married with a form of regionalized economic autarchy, would be the path to usurp US 'hyper power'. Good luck with that fantasy. Millions will suffer for European hubris and disavowal of the obvious.