{"id":182660,"date":"2015-07-09T20:38:00","date_gmt":"2015-07-10T01:38:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/07\/09\/this-is-an-interesting-analysis-of-the-social-dynamics-among-the-eu-leadership\/"},"modified":"2015-07-09T20:38:00","modified_gmt":"2015-07-10T01:38:00","slug":"this-is-an-interesting-analysis-of-the-social-dynamics-among-the-eu-leadership","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2015\/07\/09\/this-is-an-interesting-analysis-of-the-social-dynamics-among-the-eu-leadership\/","title":{"rendered":"This Is an Interesting Analysis of the Social Dynamics among the EU Leadership"},"content":{"rendered":"<p>I just came across an interesting analysis of attitudes in the EU, which the author suggests that <a href=\"http:\/\/europaono.com\/2015\/07\/06\/zingales-who-is-the-legitimate-leader-on-the-european-side-real-question-chi-sono-i-legittimi-leader-europei-questo-il-problema\/\">that something akin to tribalism is poisoning EU-Greece negotiations<\/a>:<\/p>\n<blockquote><p><span style=\"color: blue;\">Against all odds, <b>Tsipras obtained a decisive victory in yesterday\u2019s referendum<\/b>.  I agree that the referendum\u2019s question was confusing (but have you ever seen the ones asked in Italian referenda?). I agree that the No was strategically positioned before the Yes (but why should have been the other way around?). I agree that Tsipras continued insisting that a No vote would not mean an exit from the euro, when it might mean exactly that. Yet, the Greek people in spite of the extreme situation \u2013 banks closed, massive campaign of the EU leaders in favor of the yes, not-too-vailed threats of what would have happened had the No won \u2013 overwhelmingly supported Tsipras.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span> <span style=\"color: blue;\"><b>Does it mean that now the EU needs to accept all Tsipras\u2019s requests?<\/b> Of course, not. In an agreement, like in a marriage, it takes two.  Unlike in a marriage, however, in an international agreement there is a question of legitimacy of the negotiating delegates. From day one, the EU challenged the legitimacy of Tsipras\u2019s mandate. The kind interpretation is that the EU rejected it because of the ambiguity underlying Tsipras\u2019s mandate: no to the Troika\u2019s conditions, but yes to the euro. The unkind one is that the EU rejected it because Tsipras was not part of the Brussels\u2019 elite (he did not even wear a tie). Even worse, he was challenging the legitimacy of the Brussels\u2019 elite. You can be a crook, you can be an unelected leader and \u2013 if you are one of them \u2013 your legitimacy will never be questioned in Brussels or Frankfurt.  But if you are not, not only your credentials will be challenged, you will be openly undermined even if you had democratically won a clear mandate.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span> <span style=\"color: blue;\">As a result, from day one \u2013 everybody from Junker to the Eurogroup \u2013&nbsp;was trying to make this government fall, flirting with a new coalition between the \u201cmoderate\u201d part of Syriza and the more centrist To Potami party and making clear that the conditions offered by the Institutions (ex Troika) would be much better, if Tsipras\u2019s government fell. This was extremely antidemocratic and underhanded. Now it cannot continue any more. Tsipras has a clear mandate. Furthermore, Tsipras\u2019s bargaining position had been boosted by a recently released IMF paper, which confirms that Greece\u2019s debt is not sustainable.<\/span><br \/><span style=\"color: blue;\"><br \/><\/span> <span style=\"color: blue;\">Now the Institutions do not need to accept Tsipras\u2019s conditions, but <b>they have to negotiate with him in good faith<\/b>.  The no vote does not necessarily mean Grexit, unless the Institutions want so. What it is different now is that the European leaders will have to take responsibility for kicking a country out (something against all the treaties). They cannot hope anymore that Tsipras will do the dirty job for them.<\/span><\/p><\/blockquote>\n<p>(<i>emphasis original<\/i>)<\/p>\n<p>I&#8217;m not sure if his analysis over ties and the like make sense except as a metaphor, for what is an excess of group thing that permeates the EU leadership, but in that context, it does appear to explain a lot.<\/p>\n<p>Much of what passes for &#8220;common knowledge&#8221; in the EU, is in fact a mishmash of economic theories that were discredited well before the 2<sup>nd<\/sup> World War, and much like the gold standard economics that exacerbated the depression and led to the rise of fascism, it appears that a similar path is being taken.<\/p>\n<p>H\/T <a href=\"http:\/\/equitablegrowth.org\/2015\/07\/09\/must-read-luigi-zingales-legitimate-leader-european-side-real-question\/\">Brad DeLong<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I just came across an interesting analysis of attitudes in the EU, which the author suggests that that something akin to tribalism is poisoning EU-Greece negotiations: Against all odds, Tsipras obtained a decisive victory in yesterday\u2019s referendum. I agree that the referendum\u2019s question was confusing (but have you ever seen the ones asked in Italian &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[991,973,964,1058],"tags":[],"class_list":["post-182660","post","type-post","status-publish","format-standard","hentry","category-academe","category-economy","category-foreign-relations","category-sociology"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182660"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=182660"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/182660\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=182660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=182660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=182660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}