The European Union and American power

Grahl, John (2004) The European Union and American power. The Socialist register, 41 . ISSN 0081-0606

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In last year's issue of this Register Leo Panitch and Sam Gindin argued that deep economic integration of the most advanced economies had led to an unprecedented concentration of geopolitical power under US hegemony. The present contribution examines the possibility of a European counterweight to this power. Current discussions suggest two ways in which the European Union might represent a challenge to the concentration of power on the US: on the one hand, some member countries could be seen as exemplifying more efficient, more stable or more socially developed economic systems; on the other, the relations among member countries could constitute a superior model of international economic and political organization to that which is today promoted under US leadership.

Item Type:Article
Research Areas:A. > Business School > Economics
ID Code:1293
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Deposited On:03 Mar 2009 10:03
Last Modified:13 Mar 2015 15:14

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