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The only plan B for Europe is rebuilding power for change

Europeans today are caught between a failing and undemocratic EU and equally failing and undemocratic national states. As Yanis Varoufakis prepares to launch a new movement for the democratisation of the EU, what’s the way out of the impasse?

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Wikimedia. Creative commons.There is no need to believe, with George Soros, that the EU is on the verge of collapse to believe that it is on the verge of irrelevance. Becoming little more than a dysfunctional common market shunned by its citizens and promoting tensions and antagonisms between states and between people.

There is no Plan A for Europe. Mild adjustments to the status quo - the Juncker investment plan, the youth guarantee, additional fiscal leeway of a few decimals points or a banking union already surpassed by history - are unable to seriously address the historical challenges banging at our doors each day. There is no Plan A for Europe.

Plans for increased integration of parts of the European Union get regularly touted. There are some grounds to being diffident of such plans. Any deepening of integration risks in fact reinforcing the undemocratic nature of a Union of financial rules deprived of democratic accountability.