Why The European Union Will Fail

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In Greece’s January 2015 general election, he was elected to Greece’s Parliament as a member of the left-wing Syriza party. While serving as a Syriza MP,  professor of economics Costas Lapavitsas witnessed first-hand how the EU elite destroyed Greece’s economy and crushed Greek democracy. Since then, the EU has fallen into an accelerating decline. Its financialized economy suffers from stagflation, its political elite has become increasingly authoritarian, and its proxy war in Ukraine has become a debacle of epic proportions. Despite all this, can the European Union be saved? 

In a conversation with Dimitri Lascaris, Professor Lapavitsas argues that the EU is irredeemable. To recover and sustain their prosperity, European states must reclaim their national sovereignty, democratize their economies and, under the direction of the state, make the massive investments that are necessary to improve their productivity.

This video was produced by Reason2Resist and published on their YouTube channel on the 3rd of January, 2024. We have translated it into German and are republishing it today to help build opinion on this issue in Germany and beyond.

To read the transcript of the interview: Why The European Union Will Fail

VIDEO: Why The European Union Will Fail

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ABOUT DIMITRI LASCARIS

Dimitri Lascaris is a journalist and lawyer. As a lawyer, he specializes in class action litigation, international law and human rights. He was a member of the shadow cabinets of the Green Parties of Canada and Quebec. In 2020, he ran for the leadership of the Green Party of Canada and came in second. He is also the founder and editor of the YouTube channel Reasons 2 Resists with Dimitri Lascaris.

ABOUT COSTAS LAPAVITSAS

Costas Lapavitsas is Professor of Economics at SOAS, University of London. He researches the political economy of money and finance, the financialisation of contemporary economies, and the economics of the European Union. He has published widely and writes for the UK and the international press. His latest book is “The State of Capitalism”, Verso, 2023.