I begin to become a litte frustrated here. No one seems able to say what they find unacceptable about the present setup. This leads me to believe there is nothing wrong with it.
There are plenty of things that I feel are wrong with it...
Firstly, far too many of the UK's powers to self-govern have been transferred to Brussels in successive treaties. Sometimes willingly by the UK, sometimes as a result of being outmanoevred by the EU and other states during horsetrading. There's a list of the EU's competences and joint competences (where member states can legislate
only so far as the EU hasn't) in the
Lisbon Treaty (starting p.52/53). I was also looking for a list of member states' sole competences
but there no longer seem to be any - only areas where the EU can support, advise and co-ordinate.
Far too high a percentage of the legislation our Parliament passes originates in Brussels (I know you've proposed a limit to the % of laws eminating from Brussels v national laws, which I agree with).
Many of the directives they spew out are overzealous and not applicable to all countries they are forced to be implemented in (granted, the UK sometimes gold-plates them even further). For example (and I do agree on a lot of the environmental measures) UK environmental agencies were forced to implement directives designed for wide slow-flowing rivers, which were entirely unsuited to our narrow fast-flowing ones.
Also, the new Markets in Financial Instruments Directive (MIFID) is being implemented across the Union as part of moves to create a pan-European financial market. These measures are costly to implement, and directly threaten the prominence of the City of London as a world-leading financial centre, by diluting and undermining London's influence.
Implementing EU competition directives over the past 10 years or so has been disastrous for British companies in the Utilities, Post and Telecoms sectors, etc. Also, the compulsory selling of golden shares left many of our top companies vulnerable to foreign takeover.
The EU competition laws have been unsuccessful in many cases in providing better service to consumers. Competition laws were
also designed to fracture and weaken national monopolies allowing Europe-wide companies and markets to emerge - which has been a largely successful strategy - to the detriment of many national companies.
The previously profitable Post Office/Royal Mail, has been destroyed by being forced to open to competitors since '99 to deliver mail in the most profitable sectors, whilst having its hands tied by excess regulation, and the obligation to provide a universal service and do the last mile delivery (for other companies). Other countries (more wisely) ignored EU directives until the last minute giving them time to consolidate (a la Deutsche Post), then pick off the fractured remains of other national companies. I dont see the postal service being better as a result - it's now less reliable, less profitable, and we only get one delivery per day...
These laws (and the compulsory removal of golden shares) have also been disastrous for British power companies - who have been picked off by the likes of Germany's E.on (Powergen), RWE (Npower) and France's EDF. This has resulted in the unwise situation of having most of our power needs reliant on companies based in other countries. And also led to the gas shortage and price spike of 2005/06 partly because British Gas was no longer big enough to amass the required emergency supplies, or to source with certain and secure supplies to provide us with.
There's the much-talked about democratic deficit. Not only does the EU push through treaties that are clearly extremely unpopular with the public (and I know you've decried that one, too), but it is also unaccountable. The EU presides over 480+million people, yet its Commission is unelected and cannot be voted out by the public - neither can the new President. There's also far too much carried out behind closed doors.
Their accounts are suspect - I believe it's now about 10 years since the accounts were able to be verified and signed off. That is an atrocious record, and worse than many of the states it dictates to (even on accounting practise, funnily enough). The EU only switched to the accruals system around 2005, which is an absolutely basic and standard system of accounting. They also only recently replaced their previous (EU-designed) accounts software, which allowed entries to be changed after the transactions - leaving the whole system wide-open to fraud.
There is a judicial elephant. EU law trumps all national law, which means that national law is vestigal and ever diminishing in importance. Yet as a single legal system the EU cannot reflect the complexity of the conventions of the societies over which it is applied.
I agree.