Book Review Archive 17.11.02 [57]
Europe Inc.
ISBN: 0745314910
Pluto/CEO
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EUROPE INC.
Regional & Global Restructuring and the Rise of Corporate Power
by Belen Balanya, Ann Doherty, Olivier Hoedeman, Adam Ma'anit and Erik Wesselius:

First published in 1997 by Corporate Europe Observatory, this report was originally sub-titled 'Dangerous Liaisons between EU Institutions and Industry' and despite its new subtitle, 'Regional & Global Restructuring and the Rise of Corporate Power' it is these hierarchical liaisons that CEO seek to explain, vis why the 1990s saw an earthquake-like shift in the European Union towards policies that have become responsible for the low, painful disintegration of peoples' livelihoods and ultimately their lives. Europe Inc. describes how corporations, from having had hardly any contact with the European Commission throughout the 70's, overnight appeared to put links in place.

They wasted no time preparing the ground for an internal market. When they had achieved that, they moved swiftly to the second item on their agenda, a flawless transport system to move their products and increase their profits. In 1991 a commitment to construct such a system was written into the Maastrict Treaty but this wasn't fast enough for the corporates. Before the 1992 Summit in Edinburgh, they wrote to heads of state calling for additional funding for the Trans-European Network. The EU leaders obliged. An investment fund worth seven billion ecu was set up.

Since then an estimated budget of 400 billion ecu has aided more than 150 projects, at a pace that most people are oblivious to. But the environmental damage is now becoming obvious all over Europe as activists attempt to stop the corporate juggernaut. In 1995 Greenpeace Switzerland estimated that the improved transportation network would contribute a 15%-18% increase in greenhouse gas emissions. Other green groups announced the imminent destruction of around 60 natural sites of national and European importance.

Pluto Press




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