Coordonat de Sabin DRĂGULIN
European Union’s integration issues after the rejection of the Constitutional Treaty. A Neo-Gramscian anaylsis (I)
Anca Madalina BONCILA
Abstract. Through this paper we have tried to question the reality of EU’s integration and to identify the factors that shaped it. The complexity of this process led to multiple perspectives of analyzing it. We believe that Neo-Gramscian theory of European integration, although not so well-known, can be considered the most appropriate methodological support in explaining the events that have redefined the European integration: the rejection of the Constitutional Treaty, the financial crisis and the emergence of the Lisbon Treaty. We started from the assumption that the EU has obvious neo-liberal connotations, which led to the emergence of functional obstacles difficult to overcome, especially when it comes to the social dimension of the EU. Therefore, we divided the work into two basic parts, the first explains the methodology used, the main concepts, what neo-liberalism is and which are the EU’ s neo-liberal expressions and in the second part we focused on the social dimension of the EU, talking about the lack of substance that we found in the rhetoric of Fundamental Rights. Using the trade unions we have exemplified the inability of the EU to cope with social challenges, especially since there are forms of skepticism focused strictly on social discontent. The conclusions confirm that the Neo-Gramscian theory is the most suitable methodological support in an attempt to capture the nuances of EU’ s neo-liberal expressions.
Keywords: European integration, neo-liberalism, Neo-Gramscianism, hegemony.
Introduction
The historical evolution of the European Union (EU) is, undoubtedly, hard to explain, but it can be expressed and understood through the main theories of integration1. Unlike the historical and political emergence and development of nation-states, which engage many more structural factors, the EU is mainly the result of its institutional transformation and of constant modifications indecision and policy-making.
The whole range of economic interactions-limited at first – came to assume the need to develop a political authority – only existing de jure and in an incipient form. If a political purpose has been pursued
ever since Jean Monnet planned a sector al integration, that eventually would lead to the federalization of this sui generis organization2, the force the nation-state made its presence when was raised the issue of assignment of powers in fields other than the economic one.
The Treaty on European Union (TEU), signed in 1992, was the historical event that, more than ever before, has launched and propelled new reconsidered goals and objectives of an EU that was to become also a political one.
These promising developments seemed to reflect a healthy and solid organism, despite the complexity of its constituents. The successes have made thepolitical leaders3 to draft the Constitutional Treaty (ECT), by taking into account the radical transformation the biggest enlargement from 2004 involved. The fact that France and the Netherlands rejected it in a referendum in 2005, announced the strongest shock felt by the EU in its development4. Beyond the symbolism and implications that the „constitutionalisation” of the European Union would have had on the socio-political imaginary, the great failure of ET Chas some important consequences which we will address indirectly in this paper.
The rejection of the draft highlights the fragility of some structural issues that the political leaders have not been able to rethink and reinvent later, as we will demonstrate.
Secondly, the rejection of ECT, partially transformed into LT, will redefine the path of the EU. The rejection of ECT’s political goals equals abandoning the targets, at least in practical and informal aspects5.
The hypothesis that we will demonstrate in this paper is that the EU turned out to be, after the failure of ECT and during the financial crisis, a project with prevailing economic meanings, part of a global neo-liberal framework, both through its institutional structure and policies and decisions taken in its institutions, and by the role it has played in a global political economy found in a continuous transformation.
The rejection of the ECT and the financial crisis will cause a change both in orientation and development of the EU, through the decisions taken in the main European institutions.
Moreover, the main theories of integration are in a great measure limited, while trying to explain this new reality. Therefore, we believe that using an analytical method that uses neo-Gramscian theory of European integration’s concepts, EU dynamics – restructured after the fall of ECT – will reveal their own complexity and novelty. Neo-Gramscian conceptual framework, found particularly in the present post-Marxist6 current field, such as the concept of hegemony for example, supports and emphasizes the inevitability of the neo-liberal process and also explains its impact. To understand the subject addressed in this paper, as exhaustive as possible, we will use the meanings of the concept of symbolic power, defined and developed by Pierre Bourdieu7.
The first part of this research provides a theoretical support and clarifies the conceptual elements. Also, the first chapter will provide an overview of the methodology applied, explaining both Neo-Gramscian theory, as well as other concepts used. On the other hand, we will be analyzing the EU’s neoliberal institutionalized expressions. We will address these issues on two levels. First, we will present the main historical roots of today’s neoliberal actors in the EU. Secondly, we will contextualize the reality of the EU, outlined above, shape by the financial crisis.
In the second part, we seek to analyze the social dimension of the EU in relation to neo-liberalism. We will argue, first of all, that the social dimension of fundamental rights is just a political myth. Secondly, we will research for the euroscepti-cism’s conceptual framework to identify the relevant type of opposition emerged among citizens and their motivations. Thirdly, we will focus on analyzing how the EU has integrated into its social dimension the trade unions.
The sources that we have consulted are formed, in the first place, from the most important reference titles which seek to explain the main concepts from our research field, concepts from theories unfortunately underused. We mention here an important title, Gramsci, Historical Materialism and International Relations*, edited by Stephen Gill. We also consulted various specialty items and EU’s institutions various official documents, treaties, statements made by European leaders, or documents related to public policy.
Conceptual framework: Neo-Gramscian theory of European integration
Is difficult to define the European integration process, because it’s evolution have been characterized by fragmentation and change of direction.
By the early ’90s, the academic debate on EU integration theories was marked by the comprehensive and conceptual oppositions between neo-functionalism and intergovern-mentalism.
Theorized in The Uniting of Europe9 by Ernst Haasin 1966, the neo-functionalist approach considers the role of the state to be minimal in the integration process, within an international organization, and presupposes and takes into account two aspect’s: 1) the secretariat” of the organization; 2) the interested associations and social movements that form around at a regional level10.
The concept of spill-over constitutes the theory’s core, involving the fact that the integration of a sector directed by a supranational authority will determine, as an automatic mechanism, the integration of other sectors: expansive logic11.
Unlike the emphasis on supra-nationalism that characterize neo-functionalism, inter-governmentalist theory developed by Hoffman12 argues that the development of European integration was determined by the interaction in terms of power of actors that legitimize their decisions and policy choices on the EU scene, calling for national interests priority.
Famous theorist of European integration, Andrew Moravcsik elaborates starting from Hoffman, the liberal inter-governmentalism theory, which considers the following aspects:
„(i) a liberal theory of how national preferences appear;
(ii) a EU inter-governmental ne-
gotiation model;
(iii) an institutional choice per-
spective emphasizing the role of
national institutions in providing
„credible commitments” to the gov-
ernments of member states13.”
Even if it was dominant, the debate between neo-functionalism and inter-governmentalism became exhaustive and both approaches proved to be in the last two decades insufficient to explain the interaction of different EU’s institutional games.
Inspired and developed from Neo-Gramscian theory of International Relations, the Neo-Gramscian theory of European integration is based on a critique of the theories of integration, both those already recognized, and those under development. Therefore, the mainstream theories, „because of their basic conceptual design and assumptions, are unable to achieve what should be the fundamental objectives of a political sciene of the EU: to understand the nature of power in the EU, including its organization and distribution, and to assess the implications of a given set of power relations for legitimacy”14.
While there is a post-Marxist tradition with a clear interest on this topic, it was along time one fragmented and without continuity. In this regard, the first representative theoretical approach is represented by study of Peter Cocks from1980, Towards a Marxist Theory of European Integrations15. It assumes that integration itself is a consequence of the dynamics of capitalist history. More so far the EU from the beginning was built on a capitalist economic logic. So in some areas of the EU integration is conditioned by economic, social, political factors, as they are determined and outlined by the stage capitalism is found in a given period of history.
In this context, Neo-Gramscian theorists16 began to explain since the ’80s the phenomenon of integration by referring constantly to the international scene, namely the emergence of economic trans-nationalism and neo-liberal globalization. These processes appeared imminently, restructured the functioning of social relations, as were their seen by Gramsci. Social relations, in terms of Neo-Gramscian theorists approach17, are those that stimulate the process of EU integration.
Social relations are understood in relation to the production, viewed broadly, both economically and culturally or socially. In capitalism, private property and the free market are those that shape social relations. Based on neo-Marxist dialectical relationship between the economic and ideological super-structure, Neo-Gramscian-ism seeks to understand how certain historical situations and specifically production can cause changes in the evolution of the EU18.
Given these considerations, the neo-liberal project is a fundamental structural factor that influences, especially today, EU’s directions. A central element of the Neo-Gram-scian theory is the use of Gramsci’s concept of hegemony, whose complexity serves as a source of argument and understanding of certain aspects of the EU. In the following section we will define the concept and will support its relevance.
The Gramscian concept of hegemony
The concept of hegemony, developed from Gramsci’s work, represents an effective theoretical basis to explain and understand the behavior of the ruled, in the context of the EU’s facing democratic deficit issues, discussion heavily restored in question after LT. Moreover, given the hypothesis of this paper, the concept of hegemony is an important tool to perceive the imposing neo-liberal agenda in the EU’s dynamics after LT, but it also serves as a critical support.
Gramsci did not develop a unified theory of hegemony, the meanings that he gave it being distributed piece meal throughout „Notebooks from Prison”19. However, this concept has been interpreted and defined in a clear enough form by the literature developed after Antonio Gramsci. To summarize, one can understand through hegemony the imposition by the ruling class of a certain economic and political program before a subordinate classes by coercion on the one hand, and on the other hand by consensus. The coercion is legitimated by institutions and elite existing at a specific time, and the ruling class consensus is achieved through cultural hegemony, a form of expressing a certain set of values that a society will assume later through institutions.
For the purposes of this paper we will use the way of understanding the hegemony of the Neo-Gram-scian theory of integration supporters. Unlike the uniformity that exists on the definition of this concept in many post-Marxist theories20, the theory that we use in this paper takes this concept assigning to it new semantic values, other wise flexible, depending on the state and temporal fluctuations in the capitalism direction on the global stage.
Robert Cox, the first to assume a Neo-Gramscian theorist label adapts the implications of this concept to the theory of International Relations. He sees hegemony as a structure of values and meanings that characterize the whole order of global actors. Moreover, this global order is built and dependent on power structures, in the sense that the ruling classes in the dominant states automatically will impose their way of thinking and acting before the ruling classes of other countries.
Therefore, the concept of hegemony can easily be adapted to explain the logic of EU integration, since this organization has already an institutionalized order of state and non-state actors. The implications arising from theorizing the concept of hegemony could explain the actor’s behavior, and the way asocial, economic, cultural policy gain directions within the EU.
An analysis of the present reality of the EU, based on the proposed concept, shows how the dominant class of economically and politically powerful states, imposes its own increasing ideological force. Moreover, the imposition through this means on EU’s direction coincides with the harmonization of certain values, beliefs and behaviors globally present, under neo-liberal logic.
Bourdieu and the concept of symbolic violence (power)
Before addressing the concept of symbolic violence developed by
Pierre Bourdieu, we will remember the constructivist-structuralist approach, also corresponding to the theories of integration, and the assumptions from which the French author starts his criticism across the EU, an important actor of mondiali-zation21 that works, evermore, in a direction neo-liberal.
Pierre Bourdieu and Antonio Gramsci can be completed at certain points when raises questions about political, economic, social orders, both because similar biographical background and common points of interest and because of the similarity of certain concepts developed22.
Pierre Bourdieu’s structuralist-constructivism23 is not a theory itself of this area of research, but its defining concepts were taken to develop a certain aspect of socio-constructivist theory of EU integration. This approach can be seen as complementary to Neo-Gramscian theory of European integration. Bourdieu also contributed to the development of critical trends and expression supposing EU’s neoliberal agenda. First of all, he speaks of the existence of neo-liberal uto-pia24, created and supported by some economic actors sufficiently well positioned to defend their interests.
But this happens in a way that „global neo-liberal program ends to favor the gap between economy and social realities and to build in reality, an economic system in accordance with the theoretical description, a sort of logical machine what looks like a chain of constraints on economic agents25.”
Symbolic violence (or power) serves as conceptual grid to underline the way in which it is impose, or institutionalized a certain political and economic agenda, in a particular social space, in this case the
EU.
Defining social classes brings together Pierre Bourdieu and Antonio Gramsci, both taking strong influences from the work of Marx. Both of them raise questions about the report of domination in society. Based on these two issues, Bourdieu develops the concept of symbolic violence26, like the Gramscian concept mentioned above. The two concepts, however, start from different normative assumptions.
Firstly, hegemony implies a relationship between the ruling class and the subordinate classes, based on consent, while symbolic violence is hardly recognized and identified, being deeply rooted in the logic of this report. Symbolic violence, along with the institutionalized coercion, is the instrument by which the ruling elite operate to legitimize and perpetuate its power structures. Symbolic violence unconsciously defines the characteristics of a particular group or a particular social class and leads to the internalization of a particular type of conduct.
In addition to assuming the subjugated position, as a moral and societal natural behavior, subordinated individuals or groups participate themselves to their continued marginalization, precisely because they can not define and analyze the rules that were imposed through unconscious means.
EU and its historical neoliberal trends
Neo-liberalism as a political-economic perspective has its roots in the work of Friedrich Hayek, who basically launched the idea of liberalism’s revival, that for a long time remained deadlocked and incapable of meeting – programmatically speaking – our societal needs. Hayek assumed that individual human freedom and real democracy can not be achieved in a society whose regulatory system is centralized and planned. „The clash between planning and democracy arises simply from the fact that the latter is an obstacle to the suppression of freedom which the direction of economic activity requires. 27„
Secondly, neo-liberalism as a political and economic program launched on a global scale-is distancing itself from the school of thought launched by Hayek. From a historical perspective28, the first relevant event was the establishment of some economic policies measures taken in Chile by Pinochet, at the suggestion of a group of economists who have studied in the U.S., known under the name of „Chicago Boys”. A second stage, achieved by global neo-liberalism, is the set of decisions taken in the Anglo-sphere by Margaret Thatcher in the UK and
Ronald Reagan in the US, in the ’80s.
Neo-liberalism, as we define and analyze it today, starts from a set of ideas and visions with immediate practical application, involving international institutions and actors able to rethink and reshape the world economy. These sets of economic rules-that have come to replace what we know as Keynesian-ism29 – are known as the Washington Consensus. Washington Consensus had as central figures, institutions like the International Monetary Fund (IMF) or World Bank (WB). Both the IMF and the World Bank have proposed, by developing this consensual type of reform policies, to redefine the global political and economic order, for example by fiscal discipline, trade liberalization and privatization of state enterprises.
A uniform definition of what neo-liberalism is does not exist, but of then approaches start from what David Harvey has described as being „in the first instance a theory of political economic practices that proposes that human well-being can best be advanced by liberating individual entrepreneurial freedoms and skills within an institutional framework characterized by strong private property rights, free markets, and free trade. The role of the state is to create and preserve an institutional framework appropriate to such practices.30„
The EU is even more complex and difficult to analyze. The institutional aspects and those related to policies that today are considered obvious expressions of a neo-liberal project have not been designed to this logic from the beginning.
Specifically, we will analyze the Single Market project, the Competition Policy and the Economic and Monetary Union (EMU) as dimensions of EU’s neo-liberalism31.
(a) The Single Market, preceded by the creation of a free trade area, is a project of the liberal elite, but in its inception, when it has been institutionalized in the Treaty of Rome in 1957, its functional characteristics did not had neo-liberal expressions. After going through a period of stagnation in the 80s, revitaliza-tion projects and free market reforms were proposed, that coincide with the acquisition of neoliberal attributes, in the sense that it starts to be characterized by weak regulations, which Member States are required to assume; among other things, the liberalization of government procurement, avoidance of capital controls, increased capital market integration and very important, the emphasis on capital mobility.32
(b) Competition policy appears as a complement to the Single Market dimension, accentuating and accelerating the process of gradual liberalization and privatization. Just like the Single Market, the Competition policy has been institutionalized by the Treaty of
Rome33.
(c) The most obvious manifestation of EU’s restructured neo-liber-alism is the EMU.34 Although EMU project has ancient roots, its institutionalization was acquired with the entry into force of the Maastricht Treaty in 1992, when its establishment was planned in three phases.35 Starting from the premise that „EMU can be understood as part of a wider system of multi-level governance in the emerging world order”36, Stephen Gill, a Neo-Gramscian theorist, uses the concept of new constitutionalism, to explain that EMU does not have only an economic dimension, but also a sociall and political one. In essence, believes Gill, EMU’s neo-liberal strategy seeks the reconciliation of regional integration with the forces of globalization.
The literature has developed the concept of „embedded neo-liberal-ism” to describe the historical EU’s neo-liberal trends. What Van Apeldoom, the theorist who developed this concept, understands through „embedded neo-liberalism” involves the internalization of the principles that characterize this doctrine, not only by liberals, but also by social-democracy advocates, for example37. Specifically, they introduce socialist doctrine aspects related, such as social protection, but only to perpetuate and reinforce the same political program.
In the context of LT, this becomes even more evident. „The Lisbon Treaty will be an instrument for those who wish to pursue a neoliberal policy, in which corporate rights are paramount and deregulation and privatization are hastened. […] This means that other goals, such as social welfare and employment always take a back seat. This EMU policy is not reformed in the Lisbon Treaty in spite of the serious economic and social problems that have been made worse by the onesided economic policy of the EU.38„
The financial crisis and EU’s economic dynamics
The debates that seek to identify the causes, characteristics and consequences of the global XXI century’s financial crisis, which began in September 2008, are unfinished, a fact determined by the gap between the financial crisis and the deepening of globalization39, that leads to a huge number of grids of interpretation of the relevant variables40. It should be noted that we are talking about an international financial crisis whose characteristics are adapted and fragmented according to each region of the globe41. Some au-thors42 believe that neo-liberalism coincides with the stage that capitalism has reached in its evolution.
Moreover, the main coordinates of neo-liberal economics, deregulation and liberalization of the sectors that matter for the states, are considered to be structural causes that led to the crisis. Stephen Gill calls this stage as one of „market civilization”43, whose form of government,, is primarily framed by the discourse of globalizing neo-liberalism, and expressed through the interaction of free enterprise and the state, its coordination is achieved through a combination of market discipline and the direct application of politi-
44
cal power .
We mentioned that every region of the globe has unique characteristics when talking about the financial crisis. Therefore, there is a specific EU crisis, also known as the euro-zone crisis and the sovereign debt crisis that has hit countries such as Greece, Ireland, Portugal, Spain or Italy. It goes without saying that although there were vulnerabilities due to alack of full consolidation of EMU, the EU and its Member States did not have contributed directly to the crisis, but were ,vic-tims of collateral damage”45. However, these vulnerabilities are included in the structural dimension characteristic of EU’s neo-liberal-ism and the response to the economic crisis should be seen as part of the same neo-liberal logic, in the sense that they have been taken to strengthen and deepen, such as the Treaty on Stability, Coordination and Governance in Economic and Monetary Union, rather than rethink the neo-liberal directions.
The relationship between the financial crisis and the EU can be analyzed by examining the normative dimension of EMU and the state it was in when the crisis began. EMU implies a structural asymme-try46, determined by the gap between Germany and the euro-zone periphery. ,Even though the EMU’s goal was the convergence on growth rates, interest rates and inflation, the result was a divergence between the
core and the periphery of the euro
47
area .
Note
1 H. Wallace, W. Wallace, Mark A. Pollack, Elaborarea politicilor în Uniunea Europeană, ediţia a cincea, Institutul European din România, Bucureşti, 2005, pp 15-24.
2 Martin J. Dedman, The origins and development of the European Union 1945-1995. A history of European Integration, Taylor & Francis Group, London, 1996, pp 16-33.
3 I will mention two important figures, Giscard d’Estaing and Romano Prodi, then President of the European Commission.
For a thorough analysis of the causes that led to the rejection of ECT see Hobolt, Sara Binzer, Brouard Sylvain, „Contesting the European Union? Why the Dutch and the French Rejected the European Constitution” in Political Research Quarterly, vol. 64, nr. 2, 2011, pp. 309-322. Also Jürgen Habermas starts from this assumption in The Crisis of the European Union. A response, Polity Press, Cambridge, 2012.
Ryan Neil, Globalisation, Neo-Gramscianism and Open Marxism, document found at http://www.soci alsciences.manchester.ac.uk/discipli nes/politics/research/hmrg/activities/ documents/Ryan.pdf. Mudimbe, V.Y., „Reading and Teaching Pierre Bourdieu”, Indiana University Press, Transition, nr. 61, 1993, pp. 144-160. Stephen Gill, Gramsci, Historical Materialism and International Relations, Cambridge University Press, 2010, pp. 333. Ernst Haas, The Uniting of Europe, Stanford Univ. Press, Standford, 1958.
Philippe C. Schmitter, „Ernst B. Haas and the legacy of neofunction-alism”, in Journal of European Public Policy, 2005, 12:2, pp. 255-272. Jeremy Richardson, European Union: Power and Policy-Making, Routledge; 3 ed., 2005, pp. 87. Stanley Hoffmann, „Obstinate or Obsolete? The Fate of the Nation-State and the Case of Western Europe”, in Daedalus, vol. 95, nr. 3, Tradition and Change (Summer, 1966), pp. 862-915. Wallace H, Wallace W, Pollack A. Mark, Elaborarea politicilor în Uniunea Europeană, Ediţia a cincea, Institutul European din România, Bucureşti, 2005, p. 17. Cafruny, Alan W, Ryner Magnus, op. cit, p. 17.
Peter Cocks, „Towards a Marxist Theory of European Integration”, in International Organization, vol. 34, nr. 1 (Winter, 1980), pp. 1-40. See „Theoretical and Methodological Challenges of neo-Gramscian Perspectives in International Political Economy”, in International Gramsci Society Online Article, article found at http://www.internatio nalgramscisociety.org/resources/on line_articles/articles/bieler_morton.s html.
Robert Cox, „Gramci, Hegemony and International Relations: An Essay in Method”, in Millenium: Journal of International Studies, vol 12, nr. 2, 1983, pp. 162-175. Mihail Caradaica, „Neo-gramcian-ism and European Integration”, in Infusing Research and Knowledge in South-East Europe”, South-East European Research Centre, 2012,
- 932.
To familiarize with the work of the Italian writer, we read the following title: Roger Simon, Gramsci’s Political Thought: An Introduction, Lawrence & Wishart Ltd; 2nd Revised edition, 1990. from the post-Marxist theories we have to mention Chantal Mouffe’s work, who took over and developed the concept of cultural hegemony together with Ernesto Laclau, in Hegemony and Socialist Strategy: Towards a Radical Democratic Politics, first published in 1985. concept present in Bourdieu’s work, through which he understands neoliberal globalization. for details on the similarities between the two, see Michael Burawoy, Durable Domination: Gramsci meets Bourdieu, found at http://burawoy.berkeley.edu/Bourdi eu/Lecture%202.pdf. see Niilo Kauppi, „Bourdieu’s Political Sociology and the Politics of European Integration”, in Theory and Society, vol. 32, nr. 5/6, Special Issue on The Sociology of Symbolic Power: A Special Issue in Memory of Pierre Bourdieu, pp. 775-789.
Pierre Bourdieu, „Neoliberalismul, o utopie (în curs de realizare) a unei exploatări fără limite”, în Contraofensive, Editura Meridiane, Bucureşti, 1999, p. 110. Ibidem, pp. 112-113. Claudio Colaguori, „Symbolic Violence and the Violation of Human Rights: Continuing the Sociological Critique of Domination”, in International Journal of Criminology and Sociological Theory, vol. 3, nr. 2, June 2010, pp. 388-400. F.A. Hayek, The Road to Serfdom, Routledge, 2001, pp.74; For a more detailed historical analysis, see Ronaldo Munck, „Neoliberalism and Politics, and the Politics of Neoliberalism”, in Alfredo Saad-Filho, Deborah Johnston, Neoliberalism. A critical reader, Pluto Press,
2005, pp. 62-63.
Theorized by J. M. Keynes, Keyne-sianism advocates the existence of a stable economy with public sector intervention and with the state controlling a efficient fiscal policy. David Harvey, A Brief History of Neoliberalism, Oxford, 2005, p. 2; We will present them based on the analysis proposed by Christoph Hermann, „Neoliberalism in the European Union” in Studies in Political Economy, nr. 79, 2007,
- 61-89.
Richard Baldwin, Charles Wyplosz, Economia integrării europene, Editura Economică, Bucureşti,
2006, pp. 38-39.
For a historical analysis of the transformation of the competition policy in an expression of European neoliberalism see Hubert Buch-Hansen, Angela Wigger, „Revisiting 50 years of market-making: The neoliberal transformation of European competition policy”, in Review of International Political Economy, vol. 17, 2012, pp. 22-44. Christoph Hermann, op. cit., p. 75. For details on the three stages of EMU, we consulted the following address http://www.ecb.int/ecb/his tory/emu/html/index.ro.html. Stephen Gill, „European governance and new constitutionalism: Economic and Monetary Union and alternatives to disciplinary Neoliberalism in Europe”, in New Political Economy, 3:1, 1998, p. 6. E. Bastiaan van Apeldoorn, „The Contradictions and Limits of Emb-beded Neo-liberalism and Europe’s Multi-level Legitimacy Crisis”, in Contradictions and Limits of Neoliberal European Governance. From Lisbon to Lisbon, (ed. B. van Apeldoorn, J. Drahokoupil, L. Horn), Palgravre Macmillan, 2009, p. 25. Swedish MEP Jonas Sjôstedt’s conclusions, The Lisbon Treaty – Centralization and Neoliberalism, published in 2008, found at http:// www.guengl.eu/uploads/_old_cms_f iles/10_lisbon_treaty%281%29.pdf. I. Wallerstein defines globalization in relation to neoliberalism as an ideological expression of dominant groups that support global free trade and capital accumulation without restriction from the state. I took this information from William I. Robinson, „Globalization and the sociology of Immanuel Wallerstein: A critical appraisal”, in International Sociology, 26(6), 2011, pp. 723-745. see Noah Berlatsky, The Global Financial Crisis, Greenhaven Press,
2010.
For a more technical perspective on the development of the financial crisis, we consulted Ajit Singh, Ann
Zammit, „The Global Economic and Financial Crisis: Which Way Forward”, in Philip Arestis, Rogerio Sobreira, Jose Luis Oreiro, An Assessment of the Global Impact of the Financial Crisis, Palgrave Macmillan, 2011, pp. 36-59. Gérard Duménil and Dominique Levy, The crisis of neoliberalism, Harvard University Press, 2011. Which, in StephenGill’s view, creates a historical, economistic and materialistic, me-oriented, short term and ecologically myopic world perspective.
Stephen Gill, Power and Resistance in the New World Order, 2nd edition, Palgrave Macmillan, 2008, p. 125.
Jonathan Perraton, „Crisis in the Euro Zone”, in Philip Arestis, Rogerio Sobreira, Jose Luis Oreiro, An Assessment of the Global Impact of the Financial Crisis, Palgrave Macmillan, 2011, pp. 84. Jesse Hembruff, „European Son: Neoliberal Integration the European Monetary Union and the European Sovereign Debt Crises”, in Inquiry and Insight, vol. 4, nr. 1, p. 12. Ibidem.
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