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11min chapter
Special Episode: Thomas Fazi on the ECB, Pavel Durov, and America's End of Empire Moment
Multipolarity
Power Shift: From Nations to Technocrats
This chapter examines the transfer of power from European nations to the European Central Bank and the EU, focusing on the diminishing control of member states over their fiscal and monetary policies. It critiques the rise of stakeholder democracy, emphasizing the influential role of non-EU entities and the consequences of a technocratic governance model that erodes direct citizen involvement and consolidates elite power.
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AI-powered
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode