Dalla sinergia tra Confindustria e la Rivista di Politica Economica nasce il progetto
Il controverso rapporto tra democrazia e mercato in Europa

Antonio Magliulo*,
Università degli Studi Internazionali di Roma

Europe and the world are facing a fundamental political trilemma: we cannot simultaneously pursue democracy, national sovereignty and economic globalization. There are three possible ways out: more (national) democracy and less (global) capitalism; less (national) democracy and more (global) capitalism; to build a transnational democracy so as to manage a global capitalism. Many authors believe that the last one is a closed way so that a big trade-off between capitalism and democracy arises. The aim of this work is to show that the three solutions derive from ancient traditions of thinking which are still alive. There are no impassable ways and each choice involves costs and benefits.

[JEL Classification:B2].

Keywords: capitalism; democracy; keynesianism; internationalism.

antonio.magliulo@unint.eu, Facoltà di Economia.