QUOTE (pgrmdave @ Jun 1 2005, 07:11 PM)
is it simply a way to get the nations of europe to be more effecient economically, politically, and militarily?
In a word... Yes.
Whether or not it currently succeeds in every aspect of that aim is something open to debate. The economic arguments concerning the EU are the ones I think I'm most clued up on, so I'll concentrate on those.
Basically, the EU seeks to merge the markets of its members into one big market. This is acheived by removing barriers to trade such as import tariffs, and most obviously, creating a single European currency. The main goal in doing this is to increase competetition between firms, which will in turn force firms to become more efficient, and results in the lowest possible price. There's a lot more to it, but that is the idea that underpins European economic policy.
However, there are some less than shining examples. The Common Agricultural Policy, for example, creates artificially high price levels for farm produce. If I remember correctly, the price of products is set arbitrarily, instead of being determined by market forces. This means that farmers are encouraged to produce more than can be sold. The excess is simply wasted, or even worse, 'dumped' in developing countries below the local market price, which forces local farmers out of business.
If the CAP was reformed, or removed completely, the price of food would come down on its own accord, farmers would only produce as much as they could sell, and market forces would persuade them to become more efficient. The main beneficiaries of CAP in its current form are small, inefficient farms, many of which happen to be located in France, which is the member state that cries the loudest when any reform of CAP is proposed.
I'm very much in favour of the EU, and of the UK being a key member of it. The vast majority of our trade is with the EU, and leaving it would be economic folly (we'd lose a lot of our trade, as the barriers to trade that don't exist within the EU do exist where countries outside of the Union are concerned). I draw the line at joining the single currency though, for now at least. Our economy is in great shape right now, because of the fine tuning that the Bank of England does with interest rates. If we joined the Euro, the UK's own institutions would cease to have any direct control over our economic policy. What's economically best for Europe as a whole isn't necessarily best for the UK's economy.
Sure, the institutions at the heart of the EU may be riddled with corruption, and there are policies that are in desperate need of overhaul. However, this isn't an argument for leaving the EU, it's actually a reason why we should be closer to the centre of it (politically and economically). The more prominent the UK is within the EU, the more of an influence it can have to change it for the better.