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2/14/06

Cato Unbound: Is "Old Europe" doomed?

Cato Unbound

Is "Old Europe" doomed?

The late Professor Joad, a popularizer of philosophy rather than a philosopher in the true sense, used to preface his answer to any question by saying, "It depends on what you mean by…"—in this case, "doomed." The word "doomed" implies an ineluctable destiny, against which, presumably, it is vain for men to struggle. And this in turn implies a whole, contestable philosophy of history. Historical determinism has two sources: first the apparent ability of historians, who of course have the benefit of hindsight, to explain any and all historical events with a fair degree of plausibility, even if their explanations of the same events differ widely, thus giving rise to the impression that if the past was determined, the future must be determined also; and second the tendency of people to assume that current statistical or social trends will continue, or in other words that projections are the same as predictions. One has only to consider the exponential growth of a bacterium on a Petri dish, which if continued would mean that the entire biosphere would soon consist solely of that organism, to realize that projections do not necessarily give rise to accurate predictions. The principal motor of Europe’s current decline is, in my view, its obsession with social security, which has created rigid social and economic systems that are extremely resistant to change. And this obsession with social security is in turn connected with a fear of the future: for the future has now brought Europe catastrophe and relative decline for more than a century. What exactly is it that Europeans fear, given that their decline has been accompanied by an unprecedented increase in absolute material well-being? An open economy holds out more threat to them than promise: they believe that the outside world will bring them not trade and wealth, but unemployment and a loss of comfort.

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