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9/12/08

INDOlink - Sarkozy Deserts Bush, Europe Drifting From America

For the complete report from INDOlink click on this link

Sarkozy Deserts Bush, Europe Drifting From America

When Nicolas Sarkozy was elected President of France, it appeared that for the first time a French President was going to play a second fiddle to President Bush. He gave the impression that he was also a staunch rightist who was bent upon reversing the liberal and leftist traditions of France and tows the neo conservative and reactionary policies of President Bush. However, the recent developments in Europe and the Middle East show that Sarkozy has parted company with Bush.

What made Sarkozy change his policies? Europe is fundamentally different than the United States. America remains the only country in the world that is loyal to the pure and unadulterated consumerist capitalism. Europe has long back deserted the traditional capitalism and has adopted the concept of a social welfare state based upon what can be called utilitarian capitalism. This form of capitalism can also be called “Capitalism with a human face”.

The poor performance of the American consumerist capitalism as compared to the European utilitarian capitalism has convinced Europe that it is on the right track. Failure of the American policies in Iraq, Afghanistan, North Korea and Iran as well as the deepening economic crisis at home has convinced the Europeans that time has come to put a distance between America and Europe. The resurgence of Russia as a global power and the relative decline of the American power has also led the Europeans to review their relations with Russia and America and adopt a more balanced and independent stand in the conflict between the two countries.

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