Phillip Cunliffe — Swapping one mirage for another: the Left’s turn away from social Europe

What's wrong with the European Left and what to do about it.

Cunliffe doesn't mention it but key to reclaiming national sovereignty in the EZ is a return to national currencies. As long as a nation is not the sole provider of its currency and doesn't incur obligations in a currency it does not issue it is not sovereign in its currency. And a nation that is not sovereign in its currency cannot exercise full national sovereignty.

Those with a stake in this are advised to read William F. Mitchell, Eurozone Dystopia (Elgar 2015) for an MMT analysis and solutions. Bill has arranged a discount of 35% for his blog readers. See his blog (scroll down to the bottom of the page for the code.)

The Current Moment
Swapping one mirage for another: the Left’s turn away from social Europe
Phillip Cunliffe