Sovereignty and financial constraints. Public and private power in government of the European countries
Journal title DIRITTO COSTITUZIONALE
Author/s Andrea Guazzarotti
Publishing Year 2018 Issue 2018/2 Language Italian
Pages 36 P. 85-120 File size 266 KB
DOI 10.3280/DC2018-002006
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The restoration of the dollar’s hegemony towards the hyper-liberalization of capitals and the demise of Keynesianism put the State at the service of financial markets’ imperatives, revealing the true essence of financial markets as hierarchical institutions of power without responsibility. In order to resist the political power exercised by financial oligopolies two different solutions has been proposed: renationalization of the social conflict within the boundaries of the democratic state; justiciability of the private responsibility of big corporations. Both of them cannot be effective without the anthropological transformation of the neoliberal subject through a much more pluralistic attitude in university education and research.
Keywords: Sovranità; mercati finanziari; neoliberismo; Meccanismo europeo di stabilità; agenzie di rating; Sovereignty; Financial Markets; Neoliberism; European Stability Mechanism; Rating Agencies; Revolving Door
Andrea Guazzarotti, Sovranità statale e vincolo finanziario. Potere pubblico e potere privato nel governo degli Stati europei in "DIRITTO COSTITUZIONALE" 2/2018, pp 85-120, DOI: 10.3280/DC2018-002006