Europe’s Shaky Foundations

Dr. Michael LaitmanOpinion: (Joschka Fischer, Germany’s foreign minister and vice-chancellor from 1998 to 2005): “Slowly, word is getting round—even in Germany—that the financial crisis could destroy the European unification project in its entirety because it demonstrates, quite relentlessly, the weaknesses of the eurozone and its construction. Those weaknesses are less financial or economic than political.

“The Maastricht Treaty established a monetary union, but the political union that is an indispensable precondition for the common currency’s success remained a mere promise. The euro, and the countries that adopted it, are now paying the price. The eurozone now rests on the shaky basis of a confederation of states that are committed both to a monetary union and to retaining their fiscal sovereignty. At a time of crisis, that cannot work.

“Europe has three choices. Muddling through as before would only escalate and prolong the crisis. Ending the monetary union would end the European project itself and wreak unmanageable havoc. Finally, Europe could move forward to real economic and political integration—a step that today’s leaders lack the confidence to take because they don’t believe that they have the necessary public support at home.”

My Comment: Either way you look at the current situation, it’s obvious that without the preliminary education of the population, it will be impossible to make a correct conclusion and action. To enlist the support of the people in promoting unity, we must first explain to them not only a local and individual, but also a general need to unite as it is the challenge from nature, the challenge that we cannot escape and that is higher than us. This in particular obliges us not only to create a united market (bazaar), but to unite truly for the sake of survival.

Related Material:
The Euro Is Breaking Down
Europe And The Euro On The Edge
The Deficit Of Trust

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