17 – The Other Victim of Ideological Excess (25 Feb 09)
As evidence continues to pile up about the damage done to national economies and the international financial system through policies inspired by ideological excess, the European Union is beginning to loom large as yet another victim of the same thing. The ample evidence of its being in trouble may not as yet have prompted the mainstream commentariat to see the connection, but it is there even so.
In short: the neoliberal legacy, sometimes known as market fundamentalism or market worship, has been the major hurdle that halted an earlier gradual process of integration. It mostly blinded