PRESS RELEASE

J.P. Morgan Report Says
European Post-World War II
Anti-Fascist Constitutions
Are an Obstacle to Reimposing Fascism

June 17, 2013 (EIRNS)—In a report entitled "The Euro Area Adjustment: About Halfway There" issued on May 28, 2013, J.P. Morgan argues that the major obstacle to imposing fascism in Europe is the existence of the anti-fascist constitutions which were adopted in Europe following World War II.

Specifically, it claims:

"The political systems in the periphery were established in the aftermath of dictatorship, and were defined by that experience. Constitutions tend to show a strong socialist influence, reflecting the political strength that left wing parties gained after the defeat of fascism. Political systems around the periphery typically display several of the following features: weak executives; weak central states relative to regions; constitutional protection of labor rights; consensus building systems which foster political clientalism; and the right to protest if unwelcome changes are made to the political status quo."