Is There any Alternative to the Current EMU Project?

Jörg Huffschmid, Panos Tsakloglou and Guglielme Carchedi

Chapter 10 in Contemporary Economic Theory, 1999, pp 220-251 from Palgrave Macmillan

Abstract: Abstract When we speak of Economic and Monetary Union (EMU) we are not dealing with the basic structure of modern capitalism — classes and the production of surplus value — nor with a rapidly changing political superstructure with no particular relation to economic laws and tendencies. EMU is something in between: it is on the one hand a particular form, in which the production of surplus value is organized and, on the other, it is the result of a variety of other — political, ideological, historical — factors which may be of equal or even greater importance for its concrete shape than the economic basis.

Keywords: European Unity; Monetary Policy; European Central Bank; Monetary Union; Full Employment (search for similar items in EconPapers)
Date: 1999
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DOI: 10.1007/978-1-349-27714-8_10

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