Dictatorship of Failure
The Discourse of Democratic Failure in the Current European Crisis
Edited by
José Filipe Silva & Alejandro Lorite Escorihuela
Published by the Helsinki Collegium for Advanced Studies www.helsinki.fi/collegium/journal
ISSN 1796-2986 ISBN 978-952-10-9545-0
VOLUME 14
Studies across Disciplines in the Humanities and Social Sciences 14.
Helsinki: Helsinki Collegium for Advanced Studies.
Published in 2013
by Helsinki Collegium for Advanced Studies P.O. Box 4 (Fabianinkatu 24)
FI-00014 University of Helsinki Finland
© Editors & Contributors 2013
Cover image: Gustave Doré (1832-1883), La coulisse de la Bourse (detail). Source: Bibliothèque nationale de France, available online at gallica.bnf.fr.
COLLeGIUM: Studies across Disciplines in the Humanities and Social Sciences Editors-in-Chief
Turo-Kimmo Lehtonen, Sari Kivistö Managing Editor
Antti Sadinmaa Editorial Board
Eva Johanna Holmberg, Maijastina Kahlos, Juliette Kennedy, Jouni-Matti Kuukkanen, Peeter Müürsepp, Ian Thatcher, Mikko Tolonen
Board of Consulting Editors
Laura Assmuth, Marghareta Carucci, Douglas Davies, Charles Husband, Mika Kajava, Leena Kaunonen, Kuisma Korhonen, Dan Lloyd, Petri Luomanen, Matti Miestamo, Marianna Muravyeva, Andrew Newby, Mika Ojakangas, Tom Popkewitz, Katariina Salmela-Aro, Hanna Snellman, Koen Stapelbroek, Kristiina Taivalkoski-Shilov, Miira Tuominen, Karen Vedel, Alan Warde
Web: www.helsinki.fi/collegium/journal
Studies across Disciplines in the Humanities and Social Sciences 14.
Helsinki: Helsinki Collegium for Advanced Studies.
Dictatorship of Failure
The Discourse of Democratic Failure in the Current European Crisis
Edited by José Filipe Silva & Alejandro Lorite Escorihuela
Contents
INTRODUCTION
The Dictatorship of Failure: On the Economics and Politics of Discipline José Filipe Silva & Alejandro Lorite Escorihuela
LEGITIMACY
A Democratic Legitimacy Assessment of Recent Governance Mechanisms in Economic and Monetary Union
Fernando Losada
Democracy is Surrender. Antipolitics as Critique of Liberal Democracy Mikkel Thorup
The Legitimacy Crisis of the Economic Paradigm Zora Kovacic
FINANCE
The Evolution of Ultra-Capital and Actor-Network Capitalism Jon Cloke
Debt Sustainability Revisited Katarina Sehm Patomäki
Expert, Stakeholder, or Just Politician – New Roles of European Central Bank Klaus Tuori
SACRIFICE
Wars of the Twentieth (and Twenty-First) Century and the Twentieth (and Twenty-First) Century as War: Jan Patočka on Sacrifice and the Crisis of Europe’s ‘Supercivilization’
Golfo Maggini
The ‘We’ that Bear the Burden of the European Dilemma – Can ‘We’ Together?
Patrizio Lo Presti
The Great Transformation Three Centuries Later: Double Movement, ‘Marketspeak’ and Sacrifice
Matteo Stocchetti THE COMMON GOOD
Public Virtues and Private Vices: Accounting Standards, Crisis, and the Common Good Kelly Grotke
Cosmopolitan Futures for Europe Thomas Wallgren
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Acknowledgements
The editors have greatly benefited from the assistance and laborious work of many individuals, whom they would like now to acknowledge. First and foremost our contributors, for their patience throughout the several stages of the editorial process. We have also benefited from comments and suggestions from the journal’s editorial board. Its members gave us their trust from the inception of the project and supported its development.
Sami Pihlström is to be thanked in particular, as the director of the wonderful institution that the Helsinki Collegium for Advanced Studies is. The material support – in the form of devoted research assistance and also funding for companion academic events – and the environment of engaging camaraderie and scholarly excellence that we found here have proved essential to this project. Our fellow Fellows at the Collegium contributed in many different ways to this project. But, before anyone else, the editors wish to express here their indebtedness to Taavi Sundell, Maija Väätämöinen, and Antti Sadinmaa for their efforts in making this volume possible while remaining in the shadows of the academic underworld. Antti deserves a special mention in our show of gratitude, for his personal devotion to the project, and the many talents that he dutifully put to its service – what we would have done without his knowledge of everything remotely connected to computer-assisted design and editing is something that we fortunately do not know.
Finally, José Filipe Silva would like to thank Alejandro LE for sharing with him the enthusiasm in preparing this volume - from our first conversation in the Collegium’s common room to the many hours we passed debating this issue over the years in which our paths crossed at the HCAS. It gives me great honor and pleasure to count Alex as one of my dearest friends but here I thank him for all his effort in taking this volume to completion. Obrigado! In turn, if Filipe allows, equal gratitude, but possibly greater even, is due to him on the part of his academic partner in crime in this project. Filipe is a true scholar, with a conquering mind and a radiant heart. His seemingly unlimited energy certainly carried us all along in the development of this volume. But here I will take the opportunity and thank him for extending his friendship and teaching me more than anyone else in my two years of academic life in Helsinki. (And not only about the nature of scholarly discrepancies as to the unicity or multiplicity of substantial forms in the context Medieval Aristotelian metaphysics.)
