Image: Robert Triffin (1911-1993), influiential adviser on original European Payments Union. Via https://www.c2dh.uni.lu/

A new European Clearing Union would restore a common purpose to the European project and help defeat the rising ride of authoritarianism.This article is cross-posted from Open Democracy  There are many on the left who are sceptical of the European Union. And rightly so: the European Union was designed primarily as a monetary union, whose sole purpose was to “encase” the globalised financial system that operates from within Europe, and protect it from the intrusion of democratic

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