‘Europe’, in short, was coming to represent a significant ‘moral hazard’, as its carping critics, in Britain in particular, gleefully insisted. The d… - Tony Judt

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‘Europe’, in short, was coming to represent a significant ‘moral hazard’, as its carping critics, in Britain in particular, gleefully insisted. The decades-long drive to overcome continental disunity by purely technical measures was looking decidedly political, while lacking the redeeming legitimacy of a traditional political project pursued by an elected class of familiar politicians. Insofar as ‘Europe’ had a distinctive goal, its economic strategy was still grounded in the calculations and ambitions of the Fifties. As for its politics: the confident, interventionist tone of pronouncements from the European Commission—and the authority and open chequebooks with which European experts descended on distant regions—bespoke a style of government rooted firmly in the social-democratic heyday of the early Sixties.

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About Tony Judt

Tony Robert Judt (2 January 1948 – 6 August 2010) was a British historian, essayist, and university professor who specialized in European history.

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Alternative Names: Tony Robert Judt
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The two perspectives—doctrine and calculation—were not necessarily in conflict. Ulbricht and his colleagues certainly believed that the way to expunge Nazism from Germany was by effecting a socio-economic transformation: they were not particularly interested in individual responsibility or moral re-education. But they also understood that Nazism was not just a trick perpetrated on an innocent German proletariat.

It would seem to follow that the ‘invisible hand’ is not much help when it comes to practical legislation. There are too many areas of life where we cannot be relied upon to advance our collective interests merely by doing what we think is best for each of us. Today, when the market and the free play of private interests so obviously do not come together to collective advantage, we need to know when to intervene.

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In fact, Yalta left the truly important issue—arrangements for post-war Germany—off the table precisely because it was so important and intractable. And it is unlikely that the Western leaders could have got a better deal out of Stalin during these last months of the war, even if it had occurred to them to try.

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