The future of democracy

The current economic crisis has brought with it a crisis in representative democracy. When “serious economic problems” are used to justify the unceremonious removal of democratically-elected leaders and the appointment of unelected so-called technocratic governments, questions must be raised about the structure of both the Western economic/financial and political system. Have we reached the end of the Western post-war political and economic consensus? Or is the Western world merely dealing with the complex but contingent difficulties created by the visionary/bold/rash/mad (choose your adjective) political project otherwise known as the euro?