Please use this identifier to cite or link to this item:
Title: 'Fantasy of fusion' as a response to trauma: European leaders and the origins of the eurozone crisis.
Authors: Stein, Mark
First Published: 5-Feb-2016
Publisher: SAGE Publications (UK and US) for European Group for Organizational Studies (EGOS)
Citation: Organization Studies, 2016, 0170840615622070
Abstract: In this paper I explore a new approach to the understanding of trauma. I call into question the widely held assumption that trauma tends to engender feelings of dejection, lethargy and helplessness. Instead, I argue that it can lead to a quite different, active and over-optimistic response that involves an attempt at fusion with those who have inflicted, or might yet inflict, trauma. Drawing on concepts from psychoanalysis, I introduce the term ‘fantasy of fusion’ to encapsulate this idea. This concept is illustrated by an examination of the role of European leaders in the crucial decision to launch the single currency, and an exploration of its ramifications in creating the conditions for the eurozone crisis. The contribution of this paper is threefold. First, calling into question the assumption that trauma leads to feelings of helplessness, this paper introduces and develops the novel idea of ‘fantasy of fusion’. Second, it sheds further light on the challenges of leadership. Third, it provides a new deep structure explanation for the origins of the eurozone crisis.
DOI Link: 10.1177/0170840615622070
ISSN: 0170-8406
eISSN: 1741-3044
Version: Post-print
Status: Peer-reviewed
Type: Journal Article
Rights: Copyright © 2015, the author. Licensee: SAGE. Reprints and permissions: Deposited on acceptance for publication with reference to the Publisher's green Open Access policy, available at
Appears in Collections:Published Articles, School of Management

Files in This Item:
File Description SizeFormat 
Eurozone12October2015.pdfPost-review (final submitted)391.37 kBAdobe PDFView/Open

Items in LRA are protected by copyright, with all rights reserved, unless otherwise indicated.