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segunda-feira, 17 de julho de 2017

The EU project. Internal devaluation, the euro and the new Viriatos*



There are several false alternatives out there. They lie between austerity and exiting the euro with currency devaluation; between this EU and the nationalistic closure; between the Brussels and the national oligarchs, always within an antidemocratic context.

(continuation coming soon – Union of the European Peoples or nationalism on the loose)


Contents

1 – EU – a project inserted into the capitalistic globalization
2 – The expansions of the 80s and the creation of the first periphery
3 – The fall of the Wall and the narrowing of the political view
4 – The expansion/deepening dilemma
5 – The devaluation of wages, income and rights
   5.1 – Currency devaluation and its consequences
   5.2 – Internal devaluation and its outcomes
6 – Current dangers

 
1 – EU – a project inserted into the capitalistic globalization

The EU project, under the initial generic name of EEC, was a post-war element born of the realization that recovery from the conflict’s devastation demanded a concertation within the noble area of the so-called liberal capitalism – the Occidental Europe and the USA. 

The USA, having avoided the ravages of war and suffered human losses not comparable with those that occurred in Europe – especially in the USSR, in absolute terms, and in Greece, in relative terms – had its production infrastructure unscathed and needed to keep it so, in order to avoid an unemployment crisis caused by demobilization, as had happened in the 30s.  Even within the context of the Cold War it would be necessary to replace part of the military production by consumer goods and equipment and a dismantled Europe was a fertile field in which to apply that policy.