Negativity and Democracy

Grollios, Vasilis

doi:10.4324/9781315714844

Cited by 11 publications

(1 citation statement)

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“…The classical text about the class character of capitalist democracy is Luxemburg's (1989) Reform or Revolution of 1899. See also Agnoli (1990); Bolton and Pitts (2018); Bonefeld (2006Bonefeld ( , 2017b; Grollios (2017);and Rogers (2019). 10.…”

Section: Discussionmentioning

confidence: 99%

Ordoliberalism, European Monetary Union and State Power

Bonefeld

2019

Critical Sociology

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The capitalist state is the indispensable power of a free labor economy. Its class character is not founded on a national basis. Rather it is founded on the world market relations of capitalist wealth and includes a history of suffering. The article scrutinizes ordoliberalism as a veritable statement about the character of capitalist society and its state. In the contemporary debate about the ordoliberalization of Europe, its argument about capitalist labor economy as a practice of government is put aside and instead it is identified with a certain 'German' preference for austerity and seemingly also technocratic governance, undermining the European democracies and leading to calls for the resurgence of the national democratic state that governs for the many. In these accounts, illusion dominates reality. In distinction, the argument attempted here scrutinizes the role of the member states in monetary union as executive states of the bond that unites them. Monetary union strengthens the member states as 'planners for competition' and is entirely dependent upon their capacity to govern accordingly.

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