If Europe doesn?t get its act together on the debt crisis, prosperity will suffer and dangerous political fragmentation will set in. But if Europe succeeds in converging toward Germany's standards, what becomes of the convivial cultures of the south ? Italy, Spain, and Greece?
EnlargeThe romantic side of the Germanic soul has always loved the Italian volksgeist, or spirit. Like the poet Goethe, northerners have long sought to escape, if only on temporary vacations, an unforgiving ethos of prudence and discipline in search of the charming inefficiency and sensuality of Mediterranean climes and culture.
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The single European currency, combined with the burdens of the Bismarck-invented welfare state that faces demographic demise and competition from the rising rest around the globe, has put an end to this pleasant complementarity.
Now everyone is tied together in one continental fate, obliged to answer to the same global bond market by harmonizing their diverse tempers and rhythms to the Protestant tune of productivity, competitiveness, and fiscal responsibility.
Not surprisingly, there is push-back on all sides, leaving the European project of integration in a kind of purgatory between the old nation-state and a full European political union. In a resonant historical twist, the issue is once again a matter of indulgences. The Protestant Reformation was rooted in Martin Luther?s revolt against poor German peasants being forced to buy indulgences from wealthy Roman clergy as a way out of purgatory.
Today, Luther?s wealthy descendants refuse to indulge the poorer and fiscally lax Italians or other southerners in the name of one day reaching a common European utopia.
The metaphoric inhabitants of German philosopher Martin Heidegger?s austere hut may still long for the sunlit stones of Florence, but they?ll be damned if someone else?s languor is purchased at their expense.
One worries where this will all end up. If Europe doesn?t get its collective political act together to solve the eurozone crisis, prosperity will be set back and dangerous political fragmentation to the extremes will set in ? as it did, tragically, in the 20th century. If Europe succeeds in converging toward stern German standards in a globally competitive world, what will become of the convivial cultures of the south?
Yes, the trains must run on time. Taxes must be collected. But one worries where the logic of harmonization will ultimately lead. As a converging Europe opens services to the winds of competition across the single market, will the mom and pop shops found on every corner consolidate into Walmarts, the cafes into Starbucks, pensiones into Holiday Inns, and the countless trattorias into homogenous restaurant chains?
For a glimpse of the future, take a look at the most productive ? but most sterile and least charming and convivial ? place on the planet: Silicon Valley. The buildings that house the information revolution are featureless blocks, save for the designer logos of Yahoo!, Intel, or Oracle, surrounded by manicured lawns crisscrossed by wide boulevards.?Nothing is architecturally distinct.
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