ABSTRACT

The green perspective on the euro shares some common threads with the critique of other radical and left-leaning groups. However, it has certain distinct features. Greens have always been foremost critics of globalisation, arguing instead for an agenda of localisation: local self-reliance and trade subsidiarity (see Hines 2000; Cato 2003). Along with other critics we identify the provenance of the euro with the corporate globalisers, primarily the European Roundtable of Industrialists (ERT). Greens call for a reversal of the process of globalisation for the benefit of people and the planet; for greens, trade has few economic advantages to balance the major environmental costs and global injustice it generates.