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9781594200335

The United States of Europe The New Superpower and the End of American Supremacy

by
  • ISBN13:

    9781594200335

  • ISBN10:

    1594200335

  • Format: Hardcover
  • Copyright: 2004-11-04
  • Publisher: Penguin Press HC, The

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Summary

In May 2004, the European Union will add ten new member states-including Poland, the Czech Republic, and Hungary, among others-to become a union of twenty-five nations. While this might seem a fairly innocuous and minute shift of political semantics for most Americans, the enlargement will increase the population of the EU to 450 million citizens, making it larger (in population) and richer (in GDP) than the United States-not to mention that the EU has more trade than the United States and more votes on the UN Security Council and all other international organizations. This New Europe is determined to flex its political and economic muscle on the world stage. The Continent has moved much further than most Americans realize toward the dream of a "United States of Europe," to borrow Winston Churchill's term. T. R. Reid's The United States of Europelays bare the ways in which the EU is positioning itself to be a global counterweight and second superpower, on equal footing with the U.S.A. Reid traces the rise of the EU from the days when Churchill and other visionaries set out in the post-World War II rubble to find a means to end war in Europe. He shows how this remarkably successful effort to "create peace" also created a global economic and political power that is often at odds with the United States. This drive toward unity has been accelerated by the powerful mood of anti-Americanism (or, at least, anti-Bushism) that has swept the Continent since the war in Iraq. In addition to the political ramifications of the EU, The United States of Europeshows the great impact this alliance is having on the global economic market. The euro, which now has more daily users than the dollar, is fast becoming a reserve currency and a new standard for global finance, a globally recognized replacement for the once-almighty dollar. Unification has spawned a generation of European corporate managers who have led firms like Nokia, Airbus, BP, Vodafone, and Red Bull to catch and surpass their U.S. competitors in global markets. The European Union, from its beginnings as an experiment in statecraft, has rapidly emerged as a resounding success; yet Americans have so far managed to ignore the geopolitical revolution under way across the Atlantic. Reid's book shows how quietly-and not so quietly-Europe is developing itself into an economic, political, and cultural powerhouse.

Author Biography

T. R. Reid has covered the U.S. Congress, national politics, and four presidential campaigns for The Washington Post. He was the Post's Tokyo bureau chief from 1990 to 1995 and then became head of the paper's London bureau, where he chronicled the stunning rise of the European Union at the dawn of the twenty-first century. Reid is now the Post's Rocky Mountain bureau chief and a popular commentator on National Public Radio. He is the author of three books in Japanese and five in English, including The Chip: How Two Americans Invented the Microchip and Launched a Revolution.

Table of Contents

PROLOGUE: Sleeping Through the Revolution 1(6)
ONE: The Atlantic Widens 7(19)
TWO: The Invention of Peace and the Pursuit of Prosperity 26(37)
THREE: The Almightly Undollar 63(25)
FOUR: Welch's Waterloo 88(23)
FIVE: L'Europe Elul Gagne; or, I Can't Believe Its Not American Butter 111(33)
SIX: The European Social Model 144(33)
SEVEN: Showdown at Capability Gap 177(20)
EIGHT: Generation E and the Ties That Bind the New Europe 197(30)
NINE: Waking Up to the Revolution 227(18)
APPENDIX 1: The States of Europe 245(27)
APPENDIX 2: Inside the Belgeway: The Governing Structure of the European Union 272(16)
NOTES 288(2)
THANKS 290(5)
INDEX 295(8)
ABOUT THE AUTHOR 303

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