Studying such “objectively overdetermined but subjectively indeterminate” processes of capitalist relegitimation (cf. Debray in Jessop, 2004, p. 8) is a task usually avoided by students of the economy, and certainly European integration. Indeed, we argue that existing approaches in European integration studies are ill-equipped to understand such periods of rapid and radical change; we argue that they ask the wrong questions, typically focusing on institutions, processes of governance and intergovernmentality. The crisis of European integration therefore calls for methodological innovation that can bring us to ask more meaningful questions and thus satisfy the need for a deeper understanding of complex process and agency.
Developing the notion of “critical order” from an International Political Economy angle, this paper provides a comparative case study of these developments. The emergence of “critical orders” following capitalist crises is not unusual historically, but the existence of a sustained one in which imagined recoveries can take form and stabilise in an advanced capitalist economy is. The paper takes in-depth looks at the cases of Greece, Spain and the control case of Iceland to explore such issues as cultures of mobilization, political violence and legitimation. Depending on their social, political, economic and cultural constitution, critical orders constitute varying tests for capitalism and its capacity to relegitimate itself.