Italy Gets Bailout From European Union: Some Countries More Equal Than Others?
The European Union intervened in the Italian economy to prevent a public run on the banks. There are always political-economic reasons for this as well as geopolitical ones, as this article touches on. It’s always interesting to see the European Union, whose ideological claim to existence is to unify Europe and grant bailouts to some countries and not others. To paraphrase Orwell, “We are all equal members of the Great European Family, but some families are more equal than others.”
About The Author
Barbara
Barbara MacLean has worked as an academic and career counselor at California State University, East Bay (CSUEB), Merritt and West Valley Colleges and as a career counselor and manager of the Oakland One Stop Career Center, a public career and jobs center in partnership with EDD. She is a co-founder and editor of Planning Beyond Capitalism.