Europe: The challenge of continental unity (2002)
Many on the left view Europe, the European Union and the euro with trepidation. Joining the euro zone will mean the end of Britain’s sovereignty and the rule of an unaccountable European Central Bank. The euro is supposedly the nuclear weapon of those who want an EU capitalist superstate. If the euro replaces the pound, working class strength will be severely reduced – some say to a vanishing point. This outlook owes more to nationalism than internationalism. There is another tradition. That of Karl Marx, Fredrick Engels, Karl Kautsky, Vladimir Lenin, Leon Trotsky and Rosa Luxemburg.