ABSTRACT

The evolution of the European Union from the Coal and Steel Community involved incremental delegations of sovereignty which the public more or less accepted over time. Full delegation of sovereignty to an economic and fiscal union was envisioned by some, but never widely canvassed until the crisis talks of 2012. In terms of the current financial crisis and the consequent Eurozone crisis of sovereignty, Weimar may, frighteningly, be the most salient precedent. The seed of European integration was initially sown on very fertile ground. Under post-war conditions and promoted by leaders like Jean Monnet, Robert Schuman and Konrad Adenauer, intent on solving the immediate problems of French-German relations and the peaceful reindustrialization of Europe's heartland, and supported by the United States, it bore immediate fruit. For decades political scientists have been debating the conflicting jurisdictions of finance capital and the nation state, but with the Eurozone crisis people face it squarely.