That is the message of my latest Bloomberg column, yes Europe is falling behind but we should worry rather than gloat. Here is one excerpt: A deeper truth is that Europe still has unparalleled cultural and political capital, often along dimensions that the US cannot match. Europe was the center of the world for a
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That is the message of my latest Bloomberg column, yes Europe is falling behind but we should worry rather than gloat. Here is one excerpt:
A deeper truth is that Europe still has unparalleled cultural and political capital, often along dimensions that the US cannot match. Europe was the center of the world for a long time, even if it no longer is, and has a detailed and emotionally vivid understanding of how distinct traditions and histories can coexist. Of course they often don’t, and that too is part of Europe’s lesson for the world.
On a more practical level, the US and other nations need a Europe that can defuse its populist right pressures, handle external migration from the Middle East and Africa, and provide a partial defense against Russian expansion in Ukraine and other parts of far eastern Europe. A Europe that is declining in relative economic importance is unlikely to be able to perform those roles well.
All of which is to say, a Europe striving to regain its place atop the global economy is a welcome development not just for Europeans but for small-d democrats everywhere. If only it would go about the task with a greater sense of urgency.
Empfehlenswert.
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Current Affairs, Uncategorized
