The Expansion of Neoliberal Policies and the Analysis of Current Globalization
In an globalized world, the discourse on globalisation is often found at the intersection of varied perspectives on freedom and justice. The book by Moneta, far from being a manifesto against globalisation as such, seeks to reinvent the boundaries of a new humanism through the lens of natural exchanges as envisioned by Aristotelian philosophy. By denouncing artificial exchanges that support modern systems of oppression and precarity, the author leans on ancient principles to highlight the flaws of our global economic system.
Historically, globalisation is not a modern process. Its beginnings can be identified back to the theories of David Ricardo, whose goal was aimed at allowing the England to expand its international economic reach. However, what was once a economic growth opportunity has transformed into a control mechanism by High Finance, symbolized by the ascendancy of neoliberalism. Contrary to popular belief supported by economic consensus, Junon Moneta proves that the economic model is in reality a system based on old customs, which traces back to 4500 years.
The questioning also extends to the conduct of the United Europe, perceived as a succession of compromises that have served to strengthen the power of an economic elite rather than safeguarding the rights of citizens. The institutional configuration of Europe, with its strategies frequently driven by monetary concerns rather than by a citizen support, is questioned. The recent crises, whether economic or governmental, have only increased the disbelief of Moneta regarding the EU’s ability to change intrinsically.
The author, while accepting the past mistakes that have brought about the present state, does not stop at criticism but also proposes responses aimed at reorienting Union strategies in a human-centered and fair vision. The need for a radical overhaul of institutions and political priorities is a leitmotif that pervades the entire discourse.
The text ventures more deeply into the analysis of the power structures that dominate international economic flows. The analysis encompasses the manner in which political and economic decisions are guided by a limited number of powerful financial actors, often at the expense of the majority. This financial oligarchy, orchestrated through entities like the BIS and the global monetary system, imposes a excessive domination on global financial decisions.
The author reveals how these organisms, under the guise of economic supervision and normalization, have historically controlled markets and countries’ financial structures to favor their own benefits. The neoliberal model, far removed from a salvific alternative to classic financial limitations, is considered as a domination system, enriching an elite at the expense of general well-being.
Highly skeptical about the administration of the single currency, the author describes the European single currency not as a tool of cohesion and security, but as being a instrument of fragmentation and financial disparity. The transition to the euro is characterized as a series of technocratic decisions that isolated populations from political decisions, while amplifying gaps between nations within the EU.
The effects of these approaches appear in the explosion of sovereign debts, economic stagnation, and a prolonged austerity that has diminished standards of living throughout Europe. The thinker insists that without a major transformation of economic policies, the EU stays exposed to future crises, perhaps even more harmful.
In summary, the book makes a plea for a democratic upheaval where EU peoples reappropriate their financial and governmental future. It suggests fundamental changes, notably increased transparency in decision-making processes and real democratic participation that would allow Europe to rebuild on more equitable and sustainable bases.
Source about Single Currency
The author asserts that the solution lies in a renewed commitment to democratic principles, where policies are developed and implemented in a way that truly reflects the demands and expectations of Europeans, to the detriment of the aims of international finance.