How do you "force" loans on borrowers? People, and countries, are perfectly free not to borrow. That, of course, would mean that they would have to immediately reduce expenditures to match income. Painful, yes, which is why the hopelessly indebted want to keep borrowing.
In such circumstances, the lender of last resort is perfectly entitled to insist that any new borrowing be coupled with a long-term fiscal plan that establishes, and maintains, a path toward solvency. So the lender becomes the fiscal cop ....
Why is it that people
always look at the social market as though it was the free market . . . ? It's not, it never was, and never will be.
Read the Treaty of Lisbon some time (I recommend the consolidated version, which is more understandable than the actual text that merely outlines amendments to prior treaties); and after that, read the Stability and Growth Pact, which imposes an impossible-to-achieve goal that even Germany has flouted (keep debt spending at or below 3 percent of GDP). Add in the lack of democracy, and all sorts of strange orders from the top have to be complied with.
Wolfgang Schäuble
said that Ireland had to take a bailout in order to preserve the euro's future; in his own words,
"We are not just defending a member state but our common currency. … Ireland has to meet strict conditions, and these will be negotiated in the coming days, so that it is not just providing financing but about ensuring that the problems are solved." Once you're locked into a currency that isn't yours, within the social market, you can indeed be forced to take a bailout
loan, especially because control of your own economy has been given up. (There's no such thing as that happening in the USA, since we have a free market.)