Transatlantic Capitalism Values: Shared? Unique?
August 03, 2011 / Bruce Stokes
There is an implicit assumption that Europe and the United States uniquely share economic values both in an absolute sense and relative to the values held by people in other countries, especially in emerging market economies such as Brazil, China and India.
This assumption is made, Marten van Heuven reminds us in a recent article entitled “The Transatlantic Relationship: The Interplay between Values and Interests,” in New Global Studies, because “a belief in common values has a proven track record in maintaining the mortar of the transatlantic relationship. [And] Invocation of [these] common values has given purpose to common efforts to meet common challenges.”
But do Americans and Europeans really share sufficient values to chart a common course for future transatlantic capitalism?
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