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The political economy of the European Union

Author: Hans-Jürgen Bieling
Publisher: New York, NY : Open Society Foundations, [2015] ©2015
Series: Exploring Europe's future, volume 3.
Edition/Format:   Print book : EnglishView all editions and formats
Summary:
European integration theory considers to what extent the EU can realize a telos where American pluralism is the template. Not without merits, but considering the financial and eurozone crises fatally, such perspectives elide power relations and attendant contradictions and irrationalities that are constitutive of transatlantic integration itself. Regulation theory, which synthesizes the reformist ethos of Europe's  Read more...
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Document Type: Book
All Authors / Contributors: Hans-Jürgen Bieling
ISBN: 9781940983332 1940983339
OCLC Number: 905969988
Description: vi, 236 pages ; 23 cm.
Contents: Part 1: Debates and Perspectives in the Formative Period. European Economic Integration and its Problems / William Röpke ; International Capitalism and "Supra-Nationality" / Ernest Mandel --
Part 2: Deepening and Widening? Analyzing and Understanding the Re-launch of European Integration. Tying Up the Luxembourg Package of 1985 : Prerequisites and Problems of Its Constitution / Patrick Ziltener ; The Capitalist Class in the European Union / Otto Holman and Kees van der Pijl ; The Drive toward Economic and Monetary Union / Kathleen R. McNamara ' EU Financial Market Integration Policy / Marica Frangakis ; Whose Europe Is It? Interest Group Action in Accession Negotiations : The Cases of Competition Policy and Labor Migration / Dorothee Bohle and Dóra Husz --
Part 3: European Economic Governance. Europeanization and the Mechanics of Economic Policy Adjustment / Vivien A. Schmidt ; Social Benchmarking, Policy Making and New Governance in the EU / Caroline de la Porte, Philippe Pochet, and Graham Room ; The New Populism : Transnational Governance and European Integration / Otto Holman --
Part 4: The Crisis of the Euro and Prospects of European Integration. The Political Economy of the Euro / Paul De Grauwe ; Markets and Peoples : Democratic Capitalism and European Integration / Wolfgang Streeck ; Uneven and Dependent Development in Europe : The Crisis and Its Implications / Joachim Becker, Johannes Jäger, and Rudy Weissenbacher.
Series Title: Exploring Europe's future, volume 3.
Responsibility: Hans-Jürgen Bieling, editor.

Abstract:

European integration theory considers to what extent the EU can realize a telos where American pluralism is the template. Not without merits, but considering the financial and eurozone crises fatally, such perspectives elide power relations and attendant contradictions and irrationalities that are constitutive of transatlantic integration itself. Regulation theory, which synthesizes the reformist ethos of Europe's postwar statist tradition and Marxism, and which has produced a considerable body of analysis of the EU published at the margins of EU scholarship, offers a compelling alternative that potentially overcomes these shortcomings. This article critically assesses how regulation theory has interpreted the single market, financial liberalization and EMU as a suppression of alternatives to neoliberal post-Fordism, or finance-led accumulation, in Europe. It argues that understanding the EU's current conjuncture of eurozone crisis management requires a neo-Gramscian extension of regulation theory, stressing transnational patterns of capitalist accumulation and power relations.--

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