The outcry over EU democratic legitimacy disguises a deeper crisis of capitalism in the liberal West

Cramme, O. (2011). The outcry over EU democratic legitimacy disguises a deeper crisis of capitalism in the liberal West.
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The Greek crisis has exposed the tensions between global economic and financial integration and democracy. Olaf Cramme argues that, while its approach to integration is often inadequate, the European Union still offers the most promising institutional response to this problem of 21st century democratic capitalism.

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