The Fall of the House of Europe
The Enchanters came / Cold and old,
Making day gray / And the age of gold
Passed away, / For men fell
Under their spell, / Were doomed to gloom.
Joy fled, / There came instead,
Grief, unbelief, / Lies, sighs,
Lust, mistrust, / Guile, bile,
Hearts grew unkind, / Minds blind,
Glum and numb, / Without hope or scope.
There was hate between states,
A life of strife, / Gaols and wails,
Dont's, wont's, / Chants, shants,
No face with grace, / None glad, all sad.
W H Auden, The Golden Age
We have, unfortunately, no post-modern version of Dante guided by Virgil to tell a startled world what is really happening in Europe in the wake of the recent Italian general election.
On the surface, Italians voted an overwhelming "No" - against austerity (imposed the German way); against more taxes; against budget cuts in theory designed to save the euro. In the words of the center-left mayor of Florence, Matteo Renzi, "Our citizens have spoken loud and clear but maybe their message has not been fully grasped." In fact it was.
There are four main characters in this morality/existential play worthy of the wackiest tradition of commedia dell 'arte.
The Pyrrhic winner is Pier Luigi Bersani, the leader of the center-left coalition; yet he is unable to form a government. The undisputed loser is former Goldman Sachs technocrat and caretaker Prime Minister Mario Monti.
And then there are the actual winners; "two clowns" - at least from a German point of view and also the City of London's, via The Economist. The "clowns" are maverick comedian Beppe Grillo's 5 Star movement; and notorious billionaire and former prime minister Silvio "Bunga Bunga" Berlusconi.