Friday, March 13, 2015

Bill Mitchell — Faut-il donc haïr l’Allemagne?

Today, a brief discussion of two interesting articles that I read recently. The blog title – Faut-il donc haïr l’Allemagne? (must we hate Germany?) – was the question posed recently by the French economist – Jacques Sapir – as a reaction to the way Germany (particularly its Finance Minister) handled the Greek request for less austerity and more flexibility in the recent Eurogroup encounters. His February 20, 2015 article (in French) – Haïr l’Allemagne? – concludes that the actions of Angela Merkel and Wolfgang Schäuble towards Greece have “repeated the sins” (“Les péchés répétés”) of the past and opened up old wounds that will further undermine the democracy in Europe.
'History never repeats itself but it rhymes."  — attributed to Mark Twain, but not found in any of his works.

Why does history often seem to rhyme? Cultural "hysteresis" and social path dependence maybe? The EMU was supposed to overcome this, but instead it is recreating the conditions that led to conflict in the past. The people in charge just don't seem to be able to help themselves.

Bill Mitchell – billy blog
Faut-il donc haïr l’Allemagne?
Bill Mitchell | Professor in Economics and Director of the Centre of Full Employment and Equity (CofFEE), at University of Newcastle, NSW, Australia

3 comments:

circuit said...

Non, il faut haïr la basse politique que l'Allemagne entreprend depuis la dernière décennie.

Jose Guilherme said...

Et surtout il ne faut pas oublier MM. Delors et Mitterrand.
La source fondamentale de la crise européenne - l'euro - est une invention française, pas allemande.

Unknown said...

Tom, I suspect human psychological adapability and intelligence is so limited our species is incapable of doing any differently. We are half-evolved apes repeting the same behaviors our ancestors developed for survival in their tribal systems.