Goofynomics

Emancipation and subalternity

For those who missed it (here, I think, few) I put below the latest a/simmetrie webinar, dedicated to the rearmament plan:

Beyond all the legal, financial, administrative and political considerations, the macroeconomic point will not escape you: in the given conditions the rearmament plan, just like the cutting of the gas pipelines, is a measure that serves to increase American exports, that is, to recompose those monstrous global macroeconomic imbalances that I documented for you in Wednesday's conference and in the two previous posts. They told us that Europe would be made in crises, and would be the sum of the solutions brought to these crises, meaning that under the lash of the state of necessity the European peoples would find the stimulus and the way to emancipate themselves. An argument of cloying paternalism, which, among other things, in this case is manifestly false: the European Union's reaction to its current crisis (because the crisis is its alone: ​​it is the cause of it and it will be its victim) wants to present itself as a gesture of emancipation, as the desire to escape the protection of the United States to defend its own territory in the presence of (very unlikely and until yesterday denied) external threats. In reality, this reaction is nothing more than an exercise in extreme subordination towards the imperial power, which will benefit from much of this "firepower", if it is ever able to be deployed. We here were objectively the first to "theme" (as they say on the left) European asymmetries, so we are well positioned to highlight a nice symmetry. At this moment the European Union wants to "emancipate" itself from the United States by actually financing its industry, exactly as up until a few years, or rather, months, or rather, days ago it wanted to "break Russia's back" by continuing to buy its gas. A political project led by a frustrated elite that manages to raise its voice only with the weakest of its members, those that it was supposed to be born to protect, like Greece, but that knows how to do only one thing towards external powers: bend and pay, obviously with our money.

How long can this beautiful game last, now that its riskiness is evident?


This is a machine translation of a post (in Italian) written by Alberto Bagnai and published on Goofynomics at the URL https://goofynomics.blogspot.com/2025/03/emancipazione-e-subalternita.html on Sat, 08 Mar 2025 20:23:00 +0000. Some rights reserved under CC BY-NC-ND 3.0 license.