Constitutionalising Capital: EMU and Disciplinary Neo-Liberalism

This chapter seeks (i) to conceptualise aspects of the emerging relationships between public and private patterns of authority or neo-liberal governance in the European Union (EU) and the global political economy, and (ii) to trace associated power structures and relations in terms of their coercive and consensual (material and normative) dimensions. In addition. some policy alternatives to neo-liberalism will be sketched.

My thanks are due to Heikki Patomäki, Petri Minkinnen, Magnus Ryner, Jacqueline True, Adam Harmes and Kees van der Pijl for comments on earlier versions of this chapter. Permission is gratefully acknowledged to edit and reprint, in substantially revised form, a previous version of this chapter, originally published as Stephen Gill, ‘European Governance and New Constitutionalism: Economic and Monetary Union and Alternatives to Disciplinary Neoliberalism in Europe’, New Political Economy, 3:1 (1998), 5–26.