ABSTRACT

Mainstream approaches to teaching European integration have been based on a neoclassical understanding of reality. The cornerstones of the neoliberal integration project in Europe – the free movement of capital, labour, goods and services – were considered welfare enhancing. When in 2008 the crisis broke out in Europe, mainstream economists and mainstream political scientists struggled to explain this. However, critical political economy and post-Keynesianism have offered strong alternative views to mainstream approaches to European integration. The chapter shows how both approaches can be combined in order to have a more complete and alternative understanding of European integration and of the crisis.