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Full Description
How have European countries coped with the challenge of industrial capitalism and the rise of superpowers? Through an analysis of European integration from 1945 to the present day, Laurent Warlouzet argues that the European response was to create both new institutions and an original framework of governance for capitalism. Beyond the European case, he demonstrates that capitalism is not just a contest between free-markeeters and their opponents, those in favor of welfare and environmental policies, because there is a third camp which defends protectionism and assertive defence policies. Hence, the governance of capitalism has three foundational principles - liberty, solidarity and community. The book shows how Europeans including Thatcher, de Gaulle and Kohl have dealt with the challenges of nationalism and protectionism in the past, with their successes and failures providing valuable lessons for improving international relations today. This title is also available as open access on Cambridge Core.
Contents
Introduction; 1. The trinity of capitalist governance; 2. The European Union as a political hybrid; 3. A regulated market at the core; 4. Solidarity: a European welfare state flanking the single market; 5. A community without communitarianism: Europe's failure as a military and industrial powerhouse; 6. European attempts to promote alternatives to neoliberal globalisation (1970-1992); 7. Common currency and neoliberal turn? (1970-1992); 8. The European Union under 'high neoliberalism' (1992-2015); 9. Solidarity: expanded and contested social and environmental action; 10: The resurgence of the community approach in the twenty-first century; Conclusions.