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13th street bowling
Europe: rise of the calculating machine
[Quote]:
If ever modern Europe needed brave, charismatic leaders to carry their nation through turbulent times, it would seem to be now. Instead, it is as if the crew of the Starship Enterprise had concluded that Captain Jean-Luc Picard is no longer the man for the job and that it is time to send for the Borg. Efficient, calculating machines driving through unpopular measures across the eurozone with the battle cry “resistance is futile” are apparently the order of the day. Faced with a deep crisis, once-proud European nations are essentially preparing to hand over power to Ernst & Young.
A night to remember
I admit I’m a bit late, but…
Euro zone flaws were clear before its launch
Economists picked three scenarios as most likely to threaten the existence of the euro zone: a decision to withdraw by one of its members; national resistance toward greater political union; and the danger that a one-size-fits-all monetary policy creates economic havoc.
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Yes, we were doing much better with a politician rich in personality like Berlusconi. *cough* what a bunch of columnist must-fill-space blather.
Desiato, I think you miss the point. It was not a defense of the likes of Berlusconi, rather a caution on blindly thinking the technocrat solution can be a panacea.
(Emphasis added). I think the Robert McNamara example is good, and there are many others. Indeed, was not the financial crisis in part a product of failed technocratic actions?
(Emphasis added) was meant to refer to: “worrying about carrying the citizenry”
In Hungary, we had too such “uncaring experts”. One was a Minister of Finances, and he prevented bankruptcy, sadly he was dismissed before his measures could take a real hold.
Then again,just before the elections in 2010 we had a government made up of “uncaring experts”. Our currency became stronger, the economy became more stable, and the country stopped the freefalling exercise.
Sometimes you need someone who is not caught up in short term worrying, has nothing to lose politically and for this reason can do the right things, not the popular ones.