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Yes, but at the same time nobody exists in a vacuum, especially not small countries like Denmark in highly globalised economies. Collaboration on something like
by brnt 3y ago
Yes, but at the same time nobody exists in a vacuum, especially not small countries like Denmark in highly globalised economies. Collaboration on something like the Euro makes small countries more powerful and effective, and thus more sovereign, compared to adhering to some technical definition of sovereign and being all the more easy to ignore or manipulate by global and/or much larger economies.
For the small ones, cooperation bring power, it does not take it away.
- madsbuch 3y ago> Collaboration on something like the Euro makes small countries more powerful and effective, and thus more sovereign ... Effective, yes – just like a single party system is more effective than having multiple parties and democratic processes. more sovereign – how? I really can't see how Spain is more sovereign managing their unemployment issues when they can not control supply of their own currency, and thus investment?
- brnt 3y agoNo, nothing like a single party system. Or are you saying a nation only fighting for itself is like a single party system? Control = power x influence. The argument was that more control can be had through having a local currency. I think, for smaller countries, more control and thus more sovereignty is had through teaming up, because the cooperation is (at least in the case of the EU) democratic, and is a tool more powerful than any national tool ever could be, and therefore control is larger.