Implosion of the European System

The institutional system, legislation and subsidy system of the EU serve first of all the purpose of maintaining the full power of West-European monopolies, thus also their monopoly profits vs. interests of national states and workers of the centre and periphery in Europe. The crisis of the eurozone has smashed illusions about the EU and the Europe Project is heading to a collapse. The fight against austerity and emptied democracy is deemed to fail, unless national sovereignty is restored over economic and monetary policies. The modern left should replace the Europe Project by a new anti-imperialist and internationalist program.