Posted by Thomas Nephew on 16th October 2012
Now please consider earning it.
I don’t have much of a problem with the European Union getting a Nobel Peace Prize — I just have a problem with it getting one right now.* Europe’s elites are using a a cause that once seemed noble — to make Europe too busy, too integrated, and too prosperous to conceive of another war — as a blunt instrument to exacerbate hardship, create conflict, exploit natural resources, and unravel the social contract:
- Greek health system crumbles under weight of crisis (Tagaris, Reuters, 6/14/12): “Greece’s rundown state hospitals are cutting off vital drugs, limiting non-urgent operations and rationing even basic medical materials for exhausted doctors as a combination of economic crisis and political stalemate strangle health funding.”
- Hunger on the rise in Spain (Daley, NYTimes, 9/24/12): “[Dumpster diving] tactics are becoming increasingly commonplace here, with an unemployment rate over 50 percent among young people and more and more households having adults without jobs. So pervasive is the problem of scavenging that one Spanish city has resorted to installing locks on supermarket trash bins as a public health precaution. “
- Greek anti-fascist protesters ‘tortured by police’ after Golden Dawn clash (Margaronis, Guardian, 10/9/12): ““This is not just a case of police brutality of the kind you hear about now and then in every European country. This is happening daily. We have the pictures, we have the evidence of what happens to people getting arrested protesting against the rise of the neo-Nazi party in Greece. This is the new face of the police, with the collaboration of the justice system.”"
- Greece to become Europe’s biggest gold producer (Zacharikis, Die Zeit, 10/11/12): “The Greek government has been working on administrative reforms since the beginning of the debt crisis. The “Fast Track” accelerated licensing process developed last year is apparently attracting international gold mining companies. [...] But there’s popular opposition to the mining projects. People fear serious environmental damage, for instance from clearing about 26,000 hectares of forestland. [...] there were violent encounters with police during September protests against the gold mines in the northern Greece region of Chalkdiki.” (transl. by the author)
- Eurozone demands six-day week for Greece (Traynor, Guardian, 9/4/12): “In the letter, the officials policing Greece’s compliance with the austerity package imposed in return for the bailout insist on radical labour market reforms, from minimum wages to overtime limits to flexible working hours, that are likely to worsen the standoff between the government and organised labour in Greece.”
Stack these things up next to each other, and it seems reasonably clear that the European Union, led by German right-wing chancellor Angela Merkel, is basically executing a bald “Shock Doctrine”-style economic takeover of the region’s southern tier, with the help of conservative and sometimes fairly fascist political groups in the region.
Opposition is loud, angry, sometimes violent, but as yet apparently quite ineffectual in countries like Greece and Spain. But it appears to be timid-to-nonexistent within Germany, where the middle and working classes are coming off a prolonged period of income stagnation and “Hartz IV” semi-austerity of their own. A recent report (by Josh Rosner for Graham LLC, via “naked capitalism”) suggests that
Unfortunately for the German population, while German business profited handsomely, and German Banks exported capital to the rest of the world, the costs were borne by German workers who faced wage pressure. German households never reaped the fruits of their labor. The imbalances … were being built into the very structure of the Eurozone by the German government’s sole focus on protecting domestic business interests at the expense of their own population. [...]
The German population has been led to believe, over the past decade, that they are frugal and that frugal is good. [Germans] are indeed frugal, but not entirely by choice. This is a perverse spin on the real situation, the German people have been deprived of wage increases and therefore of consumption of goods.
Rosner warns that “the German government will be forced to choose either a large share of the costs of supporting a further integration of the European Monetary Union or, alternately, the larger economic and social costs of its failure, including the massive costs of recapitalizing German banks and financial support for German industry.”