This blog entry was written with the unsuspecting support of John Kosic (@bikespoke). Thank you, John.
The European Union leaders have been brewing a massive hemorrhaging of support and supporters by attempting to join that which could not be.
In the present day Western World, we call some places in Europe the cradle of civilization. We take pride in speaking of our European heritage and, in reminiscing what our ancestors must have done as told by our elders, we feel overjoyed and happy.
Until now, anyway.
The present of Europe is nowhere as shiny and bright as it used to be, with only five countries below the proposed cap on total national debt. What seemed at one point the dreamed-into-life place to be (I had my own honeymoon in Europe), is now showing itself as the place to avoid.
As far as economics go, Europe´s perspective is gloom all around. Should the recently agreed upon treaty be enforced for all the eurozone, the governance procedure therein contemplated would force all member states to act as dependencies of a single state, which did not seem to be the goal when it all started, and judging by recent events, it is not in some members´ plans (England). Also, seeing as EU institutions would be given punishing power, the obvious question arises: Would these control organs function as the UN Security Council, with members wielding veto power? Or would they be run by inter-country committees or worse, by external agents?
On the political side, things look even gloomier. England´s PM´s refusal to pursue the new, game changing treaty is a message that they may no longer be ready to play the high-stakes game in which they are all involved now. Refusing to work with the rest of the eurozone only raises doubts as to England´s willingness to remain in the Union as an active member. And not just any active member, like Estonia, which nonetheless ranks among those in better shape, but a member which has access to commerce routes and treaties the world over thanks to the Commonwealth. Is the eurozone really ready to let all that go?
With all this turmoil and questions being raised and multiplied day after day, one must wonder whether Europe remains the same paradise some held and still hold it to be. A point which must be considered is the power of popular protests to change things, or at least to block immediate action. About this, my friend John had something to say:
I reckon he is right. So far, the politicians have been meeting and deciding many things publicly advertised, but since such measures have not yet begun to make their mark on popular everyday life, the Europeans have not risen to fight and protest. Then again, the London Riots tell another story. Which makes me wonder: Are the Britons so well aware of their trade routes and treaties that they are willing to let the eurozone sink to its fate and simply jump the ship? After all, it was Duggan´s death that prompted the riots in the first place, not politics or economics. I do ask: Why have no protests emerged as a response to Cameron´s denial to pursue the treaty?
The politics of the eurozone are material to write a whole course of Politics 101 anew. What is happening today is the all known protection of the house, at the expense of the rest of the players. When that was done in Colombia some years ago, it proved disastrous. Protectionist measures are no longer viable, or the answer to any of the problems that cripple modern society, particularly after one´s country has decided to push the course of history forward faster than it will advance.
In the end, the euro may prove to have been a bad idea. But until such time, no one should try to jump the gun and make it so.