Jean Monnet, one of the founders of the European Union, said that, in not joining the original European Community in 1957, Britain had paid “the price of victory”: the illusion that it could maintain what it had without change. Fifty years later, is the EU itself paying the price of victory?
It has been a huge political and economic success because, uniquely in the history of international organisations, the member governments empowered the EC’s institutions – Commission, parliament and Court of Justice – to stand aside from the structures and constraints of national governments and, in clearly defined ways, to have authority over those governments.
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