I think that we have refined greatly our notions of sovereignty in the EU. Its members consider themselves to be sovereign governments, but they have ceded a part of their sovereignty to the Union level, and their sovereignty is now penetrated by EU law.
As a citizen of Ireland I have more sovereignty over our government. Because citizens now have more ways of holding the Irish government to account, not just under Irish constitutional law, but under the European system, at Strasbourg and Brussels. This, I believe, is the benefit for individual citizens.
When globalisation means that many of the services that individual governments used to have direct power over are privatised, in education and health, even prison services, nonetheless national sovereignty still needs to be exercised.
Ireland is not in a good place at the moment. We have our own humiliation of losing our economic sovereignty, and we're now regaining it slowly and painfully.
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