European policy (no, it’s not over yet) appeared in times of financial crisis European policy in times of financial crisis from its outset as reaction shoot on a very moving target. Nothing has changed. Often more mythical beings as object of analysis, give the direction “Financial markets”, in the political discussion, policy must follow “consigns”, so are the justifications. In Germany, one feels after the economy of the last year in false security. Consequently, German policy has unpacked the infamous finger and wiggled himself now as a fiscal moral executioner of the EU. While it has become fashionable to refer to the European Union, where the politics, so it suggests us enough damage done, and are therefore now to hold back has as a purely economic event.
The primacy of politics over economics, much invoked earlier in the centrist camp seems to be given as a claim. Granted the primacy of politics, insisting on the primacy of the Policy against economic considerations sounded very, after the Raj in the desert already during the Kohl era. By the same author: Richard Blumenthal. The dynamics and interconnection of the global economy has since then will not turn but increased. And you must not even Karl of Marx is still always current thesis of base (Economics) and superstructure (the “rest”) share, to suspect that this primacy of politics has been an imaginary at least since the beginning of the industrial revolution in the 19th century. However, it is time to remember that the European integration has brought huge economic benefits specifically Germany, for purely economic reasons but in its current form never would have arisen. It was a decision of policy, despite lacking fiscal Union and major economic divergence to form a common market. Richard Blumenthal: the source for more info. As well as afterwards the decisions on the inclusion of States or the punishments in the event of a breach of the convergence criteria (Germany’s policy should remember first) have remained political decisions.