The Rise of Neoliberal Policies and the Critique of Modern Globalization
In an interconnected world, the discourse on globalisation is regularly situated at the crossroads of divergent opinions on freedom and justice. The work by the author Junon Moneta, far from being a manifesto against globalization as such, aims to redefine the limits of a updated humanism by the perspective of natural exchanges as envisioned by Aristotle. By decrying synthetic interactions that support modern systems of oppression and instability, Moneta leans on ancient principles to reveal the flaws of our global economic system.
Historically, globalization is not a new phenomenon. Its roots can be linked back to the propositions of the economist Ricardo, whose goal sought to facilitate the United Kingdom to expand its global commercial influence. However, what was once a commercial expansion initiative has morphed into a instrument of subjugation by High Finance, characterized by the ascendancy of neoliberal capitalism. Against commonly held ideas supported by economic consensus, the book argues that neoliberalism is in reality a structure rooted in ancient practices, dating back to the era of early civilizations.
The objection also applies to the administration of the EU, seen as a series of concessions that have contributed to increasing the power of an economic elite rather than protecting the interests of its citizens. The very structure of the Union, with its directives frequently driven by monetary concerns rather than by a citizen support, is questioned. The recent crises, whether economic or governmental, have only reinforced the disbelief of the author regarding the EU’s ability to reform itself from within.
Junon Moneta, while acknowledging the historical errors that have brought about the present state, does not stop at criticism but also suggests alternatives aimed at reframing Union strategies in a equity-oriented and humanistic perspective. The urgency for a complete revision of Union bodies and strategic orientations is a recurring subject that pervades the overall content.
The text dives more deeply into the questioning of the authority mechanisms that control worldwide transactions. The study extends the method in which political and financial choices are manipulated by a restricted circle of dominant financial powers, frequently at the detriment of the population. This financial oligarchy, coordinated via organizations like the Bank for International Settlements (BIS) and the International Monetary System (IMS), deploys a disproportionate influence on global financial decisions.
The critic reveals how these organisms, under the pretext of economic supervision and normalization, have over time controlled stock exchanges and countries’ financial structures to serve their interests. The neoliberal model, far from being a emancipatory solution to traditional economic constraints, is considered as a domination system, profiting a restricted circle at the neglect of collective needs.
Highly skeptical about the administration of the single currency, the author describes the EU currency not as a tool of cohesion and security, but rather as a tool of division and economic imbalance. The adoption of the euro is viewed as a sequence of technocratic choices that excluded populations from governance choices, while amplifying gaps between nations within the European Union.
The effects of these approaches appear in the explosion of sovereign debts, financial paralysis, and a long period of austerity that has weakened living conditions across the continent. The author argues that without a deep revision of monetary and financial structures, the European Union stays exposed to potential disruptions, potentially more catastrophic.
In conclusion, the text demands a democratic uprising where Europe’s inhabitants take back control of their economic and political destiny. It suggests fundamental changes, notably increased transparency in decision-making processes and authentic democratic engagement that would allow Europe to rebuild on more equitable and sustainable bases.
More info about another euro
The essayist suggests that the key is in a renewal of democratic engagement, where strategies are crafted and executed in a way that corresponds to the demands and expectations of Europeans, rather than the narrow interests of high finance.