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Archive for March 3rd, 2006
… without meaning to of course.
The Built to Last leaflet may as well have been written in October.
What happened to the free market?
It is the least cited passage in the Treaty of Rome - so at odds with the rest of the text, in fact, that when I quote it, my fellow Eurocrats usually think I am making it up. It comes in the Preamble as one of the founding objectives of the European Economic Community, and it reads as follows: “Desiring to contribute, by means of a common commercial policy, to the progressive abolition of restrictions on international trade”.
Of course, if this objective were ever fulfilled, the EU would have no raison d’etre. In a world without tariffs, there would be no need for customs unions. Indeed, for many Euro-enthusiasts, the whole purpose of integration is to give the EU clout against its trading rivals, and to protect Europe’s social model from lower cost economies.
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