Tuesday, December 13, 2011

The new European treaty vs. social democracy

C. Bertram:

The Euro treaty..., assuming it goes ahead as planned and is enforced, mandates balanced budgets and empowers the Eurocrats to vet national budgets and punish offenders. Social democracy is thereby effectively rendered illegal in the Eurozone in both its “social” and “democracy” aspects.

Whole post here.

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