ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A

Fall of Market Democracy in Europe

With the exit of Britain from the European Union, this ambitious supranational project now faces a seemingly intractable political crisis and a debate has ensued over the legitimacy of the union as a whole. As the sovereign debt crisis unfolded in Europe, neo-liberal economists and politicians offered to solve the problem by cutting back spending. But, advocating cutbacks according to the principles of market democracy created further political and constitutional risks in Europe.



Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

649for India

$20for overseas users

Get instant access to the complete EPW archives

Subscribe now

Comments

(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top