America Should Do A Reverse Columbus. The

As One Looks Back, One Sees That The Fall Of The Berlin Wall Opened The Door To Three Developments - The Eurozone, Which Was Crafted Around German Unification, The Free Movement Of Peoples Within Europe, Particularly People From The New Democracies Of Eastern Europe, And, More Broadly, It Opened The Door To Globalization.

So What Were Europeans Telling Their Leaders? The General Message Was Perfectly Summed Up By The Cartoonist Chappatte, Who Drew A Group Of Protesters Holding Up A Placard Shouting "unhappy" - And One Of Their Number Shouting Through A Megaphone Into The Ballot Box. There Are 28 Member States And 28 Varieties Of Unhappy.

What Is The Elephant In All Our Rooms? It Is The Global Triumph Of Capitalism. Democracy Is Fiercely Disputed. Freedom Is Under Threat Even In Old-established Democracies Such As Britain. Western Supremacy Is On The Skids. But Everyone Does Capitalism. Americans And Europeans Do It. Indians Do It. Russian Oligarchs And Saudi Princes Do It. Even Chinese Communists Do It... Karl Marx Would Be Turning In His Grave. Or Perhaps Not, Since Some Of His Writings Eerily Foreshadowed Our Era Of Globalised Capitalism. His Prescription Failed But His Description Was Prescient.

If You Had Said To Anyone In 1945, At The End Of The Second World War With The Continent It Ruins, That You Could Have A European Union Of 28 Member States Stretching From Portugal In The West To Estonia In The East, All Of Them More-or-less Liberal Democracies - They Wouldn't Have Believed You.

Europe's Biggest Problem Is Its Success.