Suchergebnisse

This paper examines which direction the sovereign debt crisis will take, considering whether or not there are circumstances that will lead to the integration of the European Union. Germany, as a consolidated economy, although with a misguided vision of the crisis, can choose to act as a cooperative leader or a hegemonic leader, in order to go beyond the current logic of the euro and design a scheme where the ECB has greater weight in the creation of common objectives, which will give new impetus to the project of political union. On the other hand, the paper will also compare the experience of the United States in the area of fiscal union, to conclude that it is necessary to strengthen the idea of political unity in Europe. However, this will be a long journey with an unforeseeable ending. ; En este trabajo, se plantea la cuestión hacia qué dirección se dirigirá la crisis de la deuda soberana, evaluando, si existen circunstancias que lo encaminen hacia la integración o no, de la Unión Europea. Alemania como economía consolidada, aunque con una visión equivocada de la crisis, puede escoger actuar como líder cooperante o hegemónico para tratar de ir más allá de la lógica actual del euro, diseñando un esquema donde el BCE tome más importancia en la creación de objetivos comunes, que den un nuevo impulso al proyecto de unión política. Por otro lado, se realizará una comparativa con la experiencia de Estados Unidos en materia de unidad fiscal, para concluir en que es necesario fortalecer la idea de unidad política Europa. Sin embargo, este será un largo tránsito y de final desconocido.

Many Western citizens feel disenchanted with the economic policy that has been practiced in recent decades. Not only have they not helped to solve their daily problems, but they have aggravated them, increasing inequality, the lack of good jobs and the absence of opportunities. The consequence is that capitalism has stopped working for the benefit of all. This essay analyzes the causes of this derailment of capitalism. The need to build a new social contract for a more effective and equitable democratic economic policy in its results is sustained. The polycrisis we are experiencing opens a window of opportunity for that social contract. It is concluded that when economists offer policies to improve things they should pay more attention to political consent.