Stavros D. Mavroudeas

The crisis of the European Union and the failure of its ‘salvation plans’

I. The crisis of European imperialist integration
The year 2011 (and as it seems today quite probably 2012 also) was marked by the crisis of one of the main international pillars of capitalism: the European Union (EU). What is usually described as a crisis of the Eurozone (strictly speaking the European Monetary Union – EMU) is in fact a crisis of the whole EU edifice system, of which EMU is its most avant-gardist structure.

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