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Bob Jessop on the Eurozone crisis - DELC Research Seminar
Date: 13 February 2012 Time: 6.00 pm
Venue: Management School LT08
DELC Research Seminar
Bob Jessop, Distinguished Professor
Open Lecture
The Eurozone Crisis and Why it is so Hard to Resolve
Abstract
The continuing crisis in the Eurozone invites reflection on the reasons for the apparent inability to resolve the crisis in the short term, if at all. There are several explanations. These range from lack of political will, stalemate and failures of institutional design to Machiavellian readings that EMU was expected to fail. Thus, its failure would enable a further, crisis-driven round of integration. The explanation offered in this lecture accepts elements of these arguments but also considers the possibility that different varieties of capitalism might effectively co-exist within the framework of the European Union. This concept derives from the principle that 'not everything that is possible is compossible'. I interpret this principle in terms of an increasing heterogeneity of the European Union, the dominance of Modell Deutschland within the EU, the pathological co-dependence of the German model with Southern Europe (cf. US-China interdependencies), and the problems of global financialization.
Contact:
Who can attend: Anyone
Further information
Organising departments and research centres: European Languages and Cultures
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Faculty of Arts and Social Sciences
Lancaster University
Lancaster LA1 4YD
United Kingdom Tel: +44 (0) 1524 510851
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