Embedded Neoliberalism and Its Limits
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Embedded Neoliberalism and its Limits: The Dutch Political Economy and The ‘NO’ to The European Constitution
INTRODUCTION
When the Dutch with an unexpectedly large majority voted ‘Nee’ to the European Constitution,
İt became apparent that even the Project of European Integration had entered into a serious legitimacy crisis.Many were quick to proclaim that the resounding ‘No’ vote reflected several socio-cultural anxities over European issues-such as a possible future accession of Turkey- This article mantain that the rejection of the European Constitution may in part be seen as a manifestation of the failure of this hegemonic Project in terms of sustaining the necessary levels of mass legitimacy.The main purpose of this is to gain deeper insights into how the contradictions of embedded neoliberalism unfold in a national context.This will help us understand the limits of the European Project and its likely future transnational dynamics.
The author argues that what in the 1990s came to be known as the Dutch model showed the same contradictions and limits identified with respect to the European embedded neoliberal Project.He claims that the Dutch model was in the end much less successful in combining competitiveness with social cohesion.
The second part examines the implications of these limits of the Dutch national competitiveness strategy for the legitimacy of this strategy and of the European socio-economic governance.The focus here is on what the author calls political economy of the dutch ‘No’ in the referendum.
THE RISE AND FALL OF THE DUTCH MODEL IN EUROPEAN PERSPECTIVE: THE LIMITS OF ‘EMBEDDED NEOLIBERALISM’ RE-VISITED
In the post-war era,the Dutch political economy became fırmly anchored in the European integration process with Dutch governments consistently favouring a supranational deepending of the European Project.At the same time the ‘old trade’ model to which European economic integration initially maintains its own distinct...
INTRODUCTION
When the Dutch with an unexpectedly large majority voted ‘Nee’ to the European Constitution,
İt became apparent that even the Project of European Integration had entered into a serious legitimacy crisis.Many were quick to proclaim that the resounding ‘No’ vote reflected several socio-cultural anxities over European issues-such as a possible future accession of Turkey- This article mantain that the rejection of the European Constitution may in part be seen as a manifestation of the failure of this hegemonic Project in terms of sustaining the necessary levels of mass legitimacy.The main purpose of this is to gain deeper insights into how the contradictions of embedded neoliberalism unfold in a national context.This will help us understand the limits of the European Project and its likely future transnational dynamics.
The author argues that what in the 1990s came to be known as the Dutch model showed the same contradictions and limits identified with respect to the European embedded neoliberal Project.He claims that the Dutch model was in the end much less successful in combining competitiveness with social cohesion.
The second part examines the implications of these limits of the Dutch national competitiveness strategy for the legitimacy of this strategy and of the European socio-economic governance.The focus here is on what the author calls political economy of the dutch ‘No’ in the referendum.
THE RISE AND FALL OF THE DUTCH MODEL IN EUROPEAN PERSPECTIVE: THE LIMITS OF ‘EMBEDDED NEOLIBERALISM’ RE-VISITED
In the post-war era,the Dutch political economy became fırmly anchored in the European integration process with Dutch governments consistently favouring a supranational deepending of the European Project.At the same time the ‘old trade’ model to which European economic integration initially maintains its own distinct...