Description
Amid the profound challenges and transformations of European integration, this research note delves into the intricate dynamics of oligarchic practices, which have gained notoriety amidst global economic upheavals. In 2022, as worldwide unemployment reached an unprecedented 205 million, the number of billionaires surged to a staggering 2,755, amassing a jaw-dropping combined wealth of $13.1 trillion. This wealth concentration is not only reshaping the economic landscape but also posing significant implications for the European integration process. Referring to the oligarchic implications of the Common Agricultural Policy, this paper aims to provide a preliminary theoretical exploration of the impact of oligarchic practices on European integration, shedding light on the complex interplay between wealth concentration and the European Union's foundational principles.
