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Special Episode: Thomas Fazi on the ECB, Pavel Durov, and America's End of Empire Moment

Multipolarity

CHAPTER

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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