The Maastricht Treaty in 1992 was based on neoliberal ideas of a market-driven European economy and democracy, and continues to be seen as a step towards a new stage of unification: towards a more federal Europe based on market integration. The authors demonstrate that European integration as a federal project actually came to an end around 1970. The European Economic Community (EEC) - the precursor of EU - was never thought of as a democracy. The authors locate a shift in thinking about legitimacy and further integration in the 1980s when the idea of a European democracy was connected with a plan for the internal market: the market would pave the way for democracy. Since then, there has been a growing tension between the official line about a democratic EU and the institutional capacity to carry it through. This tension undermined integration. The book suggests that, instead of democracy-through-market, there are signs of increasing social disintegration, political extremism and populism in the wake of economic integration. Providing a more realistic historical understanding of European integration, this book will be of interest to students and scholars of political science, history and European studies.
The Maastricht Treaty in 1992 was based on neoliberal ideas of a market-driven European economy and democracy, and continues to be seen as a step towards a new stage of unification: towards a more federal Europe based on market integration. The authors demonstrate that European integration as a federal project actually came to an end around 1970. The European Economic Community (EEC) - the precursor of EU - was never thought of as a democracy. The authors locate a shift in thinking about legitimacy and further integration in the 1980s when the idea of a European democracy was connected with a plan for the internal market: the market would pave the way for democracy. Since then, there has been a growing tension between the official line about a democratic EU and the institutional capacity to carry it through. This tension undermined integration. The book suggests that, instead of democracy-through-market, there are signs of increasing social disintegration, political extremism and populism in the wake of economic integration. Providing a more realistic historical understanding of European integration, this book will be of interest to students and scholars of political science, history and European studies.
This book provides an accessible introduction to diverse political economy perspectives on different aspects of European integration. It presents a critical appraisal of how scholars in the EU and US...
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