The Maastricht treaty, indeed the whole idea of the E.U., is based on the principle that 'People are people.' Also known as the Late Twentieth Century Delusion. As we have seen, the Think-Tankers who cook up international policy are in utter thrall to it. No reason, say they, why a semiconductor industry such as flourishes in Japan couldn't do the same in Angola. No reason at all. All that's missing are the right incentives, the right institutions, the right...
...Shhh. Don't say 'people.' Crimethink.
It has become obvious that the Eurozone will survive in present form only if the Germans keep paying the debts of the Greeks. Talk of new 'institutions' and 'treaties and 'incentives' is silly. The incentives and treaties and institutions have been in place for ten years; they have not yet been able to turn Greeks into Germans. Nor will they.
Why not? What makes a German a German, and a Greek a Greek? Couldn't we switch out the populations of these two countries and just assume that Greek-Germany and German-Greece would continue to function as they always have?
* * *
Though it has become terribly unfashionable, there is little as satisfying as reading old-time authors' stout observations of other peoples, untouched by today's feminized hive-mind and its cries to not hurt anyone's feelings. It was once taken for granted that a German was not a Greek. Would today's Eurozone decision-makers come back to this distant wisdom, they might yet come up with some policy worth the name.
So-- a 2012 currency zone containing both a Germany and a Greece will not function, and we need writers from before the Wars to give us a hint as to why:







