brianjphillips

Tuesday, June 27, 2006

Nationalism's stock falling... wait, rising?

Dan Drezner writes about the Arcelor-Mittal Steel merger in Europe under the heading "Capitalism 1, Nationalism 0." True enough.

But then he writes about a SOCOM report that determines nationalism is on the rise in Latin America! Big surprise there.

Of course the reasons for the difference between the regions' actions are varied. Some might include: the Andes, domestic politics (bingo), a lack of integrated EU-like institutions in Latin America, Europe's a 50-year tradition of integration (or at least cooperation) that was originally somewhat forced by external pressure, etc. And those latter two points are really just focusing on Europe. There are traditions and trends in Latin America as well that come into play.

As far as America's role in the world, perhaps it's good that Latin America isn't banding together to counterbalance U.S. power. Maybe the United States isn't seen to be as much of a threat as some suggest. Then again, the European development isn't necessarily any sort of balancing act, but free trade winning out over nationalism - as Drezner discusses.

1 Comments:

  • An Indian myself, I am proud of what Mr LN Mittal has achieved. I hope the deal goes thru smoothly. I caught his interview on TV, on the Simi Garewal Show. He is such a simple man. One gives so much importance to fluent English these days. But this simple man with broken English and from a small town has reached so far. Hats off to him.

    Vandana

    Stainless steel utensil manufacturer

    By Anonymous Anonymous, at 5:03 AM  

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