The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?

This article reads the current Eurocrisis going far beyond the classical linear explanations of the dualism between an imperialist core and a victimised periphery. Instead, it mobilises the concepts of social capital and of global imperialist chain to demonstrate the continuum between the agendas of...

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Main Authors: José Manuel Pureza, Mariana Mortágua
Format: Article
Language:English
Published: Pluto Journals 2016-09-01
Series:World Review of Political Economy
Online Access:https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.7.3.0363
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author José Manuel Pureza
Mariana Mortágua
author_facet José Manuel Pureza
Mariana Mortágua
author_sort José Manuel Pureza
collection DOAJ
description This article reads the current Eurocrisis going far beyond the classical linear explanations of the dualism between an imperialist core and a victimised periphery. Instead, it mobilises the concepts of social capital and of global imperialist chain to demonstrate the continuum between the agendas of the dominant classes in both the core and the periphery and the use of intergovernmental regional organisations as privileged tools for their strategies of exposing national capitals to international competition. Seen from this point of view, the current Eurocrisis is something far more complex than a mere exercise of domination of a major power (Germany, in this case) over peripheral economies: it is part of a strategy of redesigning the traditional model of welfare state, in which the Euro and the European Monetary Union work as dispositives of an hegemonic approach useful for the national bourgeoisies of the entire European space.
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spelling doaj.art-dc81965ec5f54afd8bdee57b1953db6b2023-05-03T14:01:09ZengPluto JournalsWorld Review of Political Economy2042-891X2042-89282016-09-017336338110.13169/worlrevipoliecon.7.3.0363The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?José Manuel PurezaMariana MortáguaThis article reads the current Eurocrisis going far beyond the classical linear explanations of the dualism between an imperialist core and a victimised periphery. Instead, it mobilises the concepts of social capital and of global imperialist chain to demonstrate the continuum between the agendas of the dominant classes in both the core and the periphery and the use of intergovernmental regional organisations as privileged tools for their strategies of exposing national capitals to international competition. Seen from this point of view, the current Eurocrisis is something far more complex than a mere exercise of domination of a major power (Germany, in this case) over peripheral economies: it is part of a strategy of redesigning the traditional model of welfare state, in which the Euro and the European Monetary Union work as dispositives of an hegemonic approach useful for the national bourgeoisies of the entire European space.https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.7.3.0363
spellingShingle José Manuel Pureza
Mariana Mortágua
The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?
World Review of Political Economy
title The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?
title_full The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?
title_fullStr The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?
title_full_unstemmed The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?
title_short The European Neoliberal Order and the Eurocrisis: Blame it all on Germany?
title_sort european neoliberal order and the eurocrisis blame it all on germany
url https://www.scienceopen.com/hosted-document?doi=10.13169/worlrevipoliecon.7.3.0363
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