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Sicherheit und Risiko

St.Gallen Business Review Winter 2012

St.Gallen Business Review
Winter 2012

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ESPRIT St.Gallen Business Review<br />

Risk and Security in a<br />

Continent of<br />

So-Called Peace<br />

Patrick Hamm<br />

Phd Fellow at the Institute of Sociology at Harvard University<br />

The European Union’s recent acquisition of<br />

the Nobel Peace Prize makes for an appropriate<br />

occasion to examine what European<br />

peace actually consists of, and whether and<br />

how this “peace” reflects fluctuating definitions of risk<br />

and security in the Western world. On October 12,<br />

2012, the Nobel Committee announced that this year‘s<br />

award will go to the European Union for its ongoing efforts<br />

to transform Europe “from a continent of war to<br />

a continent of peace.” At first glance, the Committee’s<br />

decision seems utterly baffling, since Europe appears<br />

to be everything but internally at peace: growing income<br />

inequality and threats of austerity measures<br />

provoke millions of <strong>und</strong>er- and unemployed workers<br />

to take to the streets, open and vitriolic disagreement<br />

exists between Europe’s governments and peoples,<br />

budgets continuously fail to pass, and as the viability<br />

of the Euro and the future of the Eurozone are being<br />

publicly debated, businesses flee Athens and police<br />

beat and gas protesters at the foot of the Acropolis.<br />

While it is ultimately pointless to debate the<br />

merits of this year’s award winner, it is important to<br />

note a special irony in the Nobel Committee’s choice<br />

to award the Peace Prize to the EU. Leading up to the<br />

Committee‘s decision, deadlocked European leaders,<br />

unable and unwilling to reconcile their states’ respective<br />

financial interests with those of the EU and<br />

their neighbors, engaged in bitter disputes that spilled<br />

from posh negotiating chambers to the airwaves. And<br />

within days of the official announcement of the prize,<br />

widespread protests and general strikes erupted across<br />

Europe, from London to Athens, as dispirited, frustrated,<br />

and increasingly venomous voices demanded<br />

an end to austerity, social dislocation, and the institutional<br />

structures that sustain them. Indeed, perhaps<br />

the Committee’s decision makes sense only if, like the<br />

New York Times, one views it as “a plea to support the<br />

endangered institution at a difficult hour.” In reality,<br />

the EU is at peace only insofar as its member states<br />

have not yet attacked each other with actual weapons<br />

and artillery. It is marked by discontent on three levels:<br />

between governments, between governments<br />

and their citizens, and between citizens of different<br />

European states. It is, in short, characterized by internecine<br />

strife.<br />

And yet these manifestations of economic and political<br />

risk – mass protests, social polarization, uneven<br />

economic growth, and so forth – are not temporary byproducts<br />

of the economic crisis or the post-recession<br />

economic adjustments <strong>und</strong>ertaken by European policymakers.<br />

To the contrary, these risks are hardwired<br />

into the structure of the EU – that is, the institutional<br />

architecture of the common market and common currency<br />

–, and they are amplified by the disproportionate<br />

power and influence of key economic players within it.<br />

Herein lies the true irony of the 2012 Nobel Peace Prize<br />

recognition.<br />

In selecting this year‘s recipient, the Nobel Committee<br />

chose to “focus on what it sees as the EU‘s most<br />

important result: the successful struggle for peace and<br />

reconciliation and for democracy and human rights.”<br />

The European Commission, the union’s executive<br />

governance body, on the other hand, emphasizes a<br />

different set of accomplishments centered on Europe‘s<br />

economic integration: “The Single Market is one of the<br />

EU’s main achievements. 50 years after its inception,<br />

it has not only fuelled economic growth; it has also become<br />

a part of Europeans’ everyday lives.” Indeed, the<br />

European Union was not formed with the objective of<br />

promoting peace per se but rather aimed at pacifying<br />

Europe by economic means. It is this unsteady “peace”<br />

– brokered in the form of economic competition in a<br />

common market framework – that is today responsible<br />

for the growing salience of “risk” and “security” concerns<br />

in Europe, as the phenomena <strong>und</strong>erlying their<br />

emergence are an inevitable consequence of (uneven)<br />

market competition.<br />

36<br />

Winter 2012

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