ABSTRACT
This paper touches on three of Sam Aaronovitch’s economic preoccupations: the prosperity of local economies, the structure of financial institutions, and the fate of the underdog. These concerns have not, as far as I know, appeared in Sam’s work in the combination at issue in this paper: the paper examines the potential of the European single market in financial services, reinforced by a single currency, to disadvantage the small, local business and regional autonomy and to privilege the large, pan-European or global company.
