By Gaither Stewart
Monti and his ilk mirror the decrepit state of political independence of the European bourgeoisie and its figureheads.
[Rome] Italian Prime Minister Mario Monti has enjoyed a triumphant reception in the United States, the traditional signal of the state of Italo-US relations. Time Magazine, Congress, the White House, the UN and Wall Street hailed him as the chief of Italy’s refounded good-standing. This time however the welcome was clearly to Europe’s outstanding capitalist leader.
This week’s Time Magazine cover poses the question whether Italian Prime Minister Mario Monti can save Europe? The response of official American Capitalism is a loud YES. The answer of European Capitalism has been, yes. Yes, he can. In fact miracles are expected of the man recently named European of the Year. Triumphant also in London and a celebrity in Berlin and Paris, Monti on his accession to power immediately joined German Chancellor Merkel and French President Sarkozy in an iron-clad austerity alliance at the helm of Europe. A statesman-capitalist in the traditional sense of de Gaulle or Churchill, Mario Monti is already credited for turning Italy around. His clearly stated goal is the creation of a new lifestyle in Italy.