But it would be a mistake to say that Godfather Hayek’s red-blooded neoliberalism has ever been implemented by the EU, as there are simply too many variables, or governments, to contend with. Think of the dirigiste tendencies of the French or the social-welfare commitments of the Scandinavians. A neoliberal utopia has simply never arrived.[...]
Monnet saw the proto-EU as a way for governments to pool sovereignty in limited ways, in specific sectors. This would then, it was believed, generate 'spillover' effects such as increased loyalty by elites. The Monnet-inspired Schuman Declaration of 1950, which first proposed the pooling of coal and steel production, was clear: “Europe will not be made all at once, or according to a single plan. It will be built through concrete achievements which first create a de facto solidarity.” Integration would lead national governments to lay down their arms in return for economic security. The national Barzinis and Corleones would finally be at peace.[...]
In contrast, ‘unreformable’ is the critique thrown at the EU by the left. But this doesn’t explain how Nigel Farage and other Brexiteers leveraged EU institutions to gain power and hoover up EU cash; it doesn’t explain why the far-right sees the European Parliament as a beach-head for reconstituting nationalist mafias – while getting paid for doing it. And it doesn’t explain why staunch EU critic Yanis Varoufakis is running for the EU parliament this year on a platform of radical change.[...]
Without a proper account of the EU’s complexity and origins, the Lexiter position tends to fall into a self-made abyss of misunderstanding. And without having the class power to back up its position, a Lexit – just like Brexit – may condemn the UK to perpetual autarky and possible disintegration.