Tuesday, November 30, 2010

After the Fall

If the Euro collapses might this open the door to a renewed European politics? This is admittedly an unlikely outcome, but not an impossible one. It was clear from the disquiet at the Lisbon treaty that the dominant strategy for European integration does not enjoy popular support and, if anything, was giving credence to nationalists who argued that democratic safeguards were only secure within nations states. The obvious flaw in their argument is that European nations have had their room for international manoeuvre widened by the union, but there is no denying the democratic deficit. Their solution, dilution of the union, would only make the national communities more vulnerable to forces outside their control. So it would seem we are doubly doomed. European citizenship and the European public sphere have not emerged to manage the relationship between the integrated market and the institutions of the union, but the historic nation states are unable to master a globalized world. The people of Ireland already suspected that some kind of instrumental rationality drove the institutions of the union and in the last fortnight they have experienced it.

If the solution to the problems of European citizenship is not the nation, or any kind of pseudo-nationalist pan-European identity, the only move left is internationalist and cosmopolitan. However the US is suffering the a crisis of confidence in universalist politics. Is there some creative politics where a rational international order gets hammered out in a relationship between the Europeans and the Chinese. Do I need to become a lefty pacificist?

Thursday, November 25, 2010

Atlantis in the Atlantic?

Just when will the default happen? Ireland is in the maw of bond markets right now, but Ireland only illustrates the extent to which all the polities that are not Germany have been socially and politically immobilised by the debt crisis. The bank guarantee offered by the Irish state made have made perfect sense as a means of averting panic, but there is no political point to in fact following through on the guarantee. Given the extent to which the guaranteed debt was extended by UK banks the real damage would be felt by sterling, not the euro. The time for high politics of the most devious and clinical variety has come, as has the time of popular mobilisation. Machiavelli would have understood.