Lars Syll — Why the euro divides Europe

FT Alphaville » Euro 2015-10-16

Keeper quote from Wolfgang Streeck. Why does the euro divide Europe? In a word, neoliberalism. The euro was designed to end social democracy and impose neoliberalism undemocratically since it could not be achieved through democratic means. See Greg Palast, Robert Mundell, evil genius of the euro (The Guardian, 26 June 2012). It was not just Mundell, of course, but a whole cohort that still remains in charge of the currency. Lars P. Syll’s Blog Why the euro divides EuropeLars P. Syll | Professor, Malmo University