Greater Role for the State in the 21st Century
Erhard Eppler, Die Zeit (in German) | January 7, 2009
The financial crisis has proven that there is still a major role for the state to play in our global era. ++ New challenges, such as intense capital transactions, have increased pressure on the state and require it to complement its traditional (albeit still capital) functions of protecting its citizens through the monopoly of force, promoting democratization and so forth. ++ In order to succeed in the fulfillment of this task, the state ought to be backed by both supranational and regional institutions, whose roles are likely to increase.
