Commentators all generally agree that the nation-state as political actor on the world stage has declined since WWII. Organization such as the UN, the IMF, etc., but perhaps even more the global economy as independent from the political sphere, have contributed to this decline. One of the major critics against governments is that they are unable (or unwilling) to take steps that would reassert political control over the economy. Because of this inability/ unwillingness modern states are objects, not subjects, of the economy. European states are no exception, but we must add to these the European Union, which has taken a lot of the decision-making that formerly belonged to each state–albeit not in the most important domain such as foreign policy or the military, but this is another question.