A comment on Arno Tausch's recent posting "EURO-monetarism and the future
of world capitalist currency reserves".
I found your paper very interesting and agreeable from a left-Keynesian
("post-Keynesian") point of view. You also refer to one of the
intellectual ancestors of left-Keynesianism, namely, Kalecki. Very nice.
What I found interesting is that Samir Amin's Marxism and your
"socio-liberalism" appear to be highly convergent with respect to the
analysis of Europe. (This reminds me af an historical parallel--Hobson's
theory of imperialism and socialist theories of imperialism had many
similarities -- yet, Hobson was a liberal.)
I am wondering why, with a majority of EU-country governments being
centre-left at this time, they do not change the Maastricht criteria.
Does one have to blame an "agent" (notably, the conservatives governing
Germany) or a "structure" (the capitalist world system) or, likely, both?
Regards,
Gernot Kohler
Sheridan College
Oakville, Ontario, Canada