2
" ...Vezi câte s-au întâmplat odinioară?... În zilele noastre însă nu mai întâlnești nimic, nici fapte, nici oameni, nici poveşti ca cele din trecut... Oare de ce?... Ia spune-mi! Aşa-i că nu poți să-mi spui?!... Ce știi tu? Ce știți voi tinerii? Ehei! Privește cu luare-aminte în trecut... şi acolo vei găsi răspuns la toate... Da voi nu vreți să vă uitați în urmă, şi, de aceea, nu știți să trăiți...Parcă eu nu văd cum e viața de astăzi? Ah, văd prea bine, cu toate că mi-a slăbit vederea! Văd că oamenii nu mai trăiesc, ci doar încearcă să trăiască, istovindu-şi în zadar toată vlaga din ei... Şi după ce s-au prădat chiar pe ei, pierzându-şi vremea în zadar, încep să se plângă de soartă. Ce amestec are ea în toate acestea? Fiecare își croiește singur soarta lui! În ziua de azi văd tot felul de oameni, dar oameni puternici nu mai văd! "
5
" ...the centrality of competitiveness as the key to growth is a recurrent EU motif. Two decades of EC directives on increasing competition in every area, from telecommunications to power generation to collateralizing wholesale funding markets for banks, all bear the same ordoliberal imprint. Similarly, the consistent focus on the periphery states’ loss of competitiveness and the need for deep wage and cost reductions therein, while the role of surplus countries in generating the crisis is utterly ignored, speaks to a deeply ordoliberal understanding of economic management. Savers, after all, cannot be sinners. Similarly, the most recent German innovation of a constitutional debt brake (Schuldenbremse) for all EU countries regardless of their business cycles or structural positions, coupled with a new rules-based fiscal treaty as the solution to the crisis, is simply an ever-tighter ordo by another name.
If states have broken the rules, the only possible policy is a diet of strict austerity to bring them back into conformity with the rules, plus automatic sanctions for those who cannot stay within the rules. There are no fallacies of composition, only good and bad policies. And since states, from an ordoliberal viewpoint, cannot be relied upon to provide the necessary austerity because they are prone to capture, we must have rules and an independent monetary authority to ensure that states conform to the ordo imperative; hence, the ECB. Then, and only then, will growth return. In the case of Greece and Italy in 2011, if that meant deposing a few democratically elected governments, then so be it.
The most remarkable thing about this ordoliberalization of Europe is how it replicates the same error often attributed to the Anglo-American economies: the insistence that all developing states follow their liberal instruction sheets to get rich, the so-called Washington Consensus approach to development that we shall discuss shortly. The basic objection made by late-developing states, such as the countries of East Asia, to the Washington Consensus/Anglo-American idea “liberalize and then growth follows” was twofold. First, this understanding mistakes the outcomes of growth, stable public finances, low inflation, cost competitiveness, and so on, for the causes of growth. Second, the liberal path to growth only makes sense if you are an early developer, since you have no competitors—pace the United Kingdom in the eighteenth century and the United States in the nineteenth century. Yet in the contemporary world, development is almost always state led. "
― , Austerity: The History of a Dangerous Idea
7
" In Paris the cashiers sit rather than stand. They run your goods over a scanner, tally up the price, and then ask you for exact change. The story they give is that there aren't enough euros to go around. " The entire EU is short on coins." And I say, " Really?" because there are plenty of them in Germany. I'm never asked for exact change in Spain or Holland or Italy, so I think the real problem lies with the Parisian cashiers, who are, in a word, lazy. Here in Tokyo they're not just hard working but almost violently cheerful. Down at the Peacock, the change flows like tap water. The women behind the registers bow to you, and I don't mean that they lower their heads a little, the way you might if passing someone on the street. These cashiers press their hands together and bend from the waist. Then they say what sounds to me like " We, the people of this store, worship you as we might a god. "