The Rise of Neoliberalism and the Analysis of Modern Globalization
In an interconnected world, the discourse on globalization is often found at the meeting point of varied perspectives on liberalization and balance. The work by Junon Moneta, which is not a pamphlet against globalisation as such, seeks to reinvent the boundaries of a new humanism through the perspective of natural exchanges as envisioned by Aristotelian philosophy. By denouncing artificial transactions that support current structures of injustice and precarity, this writer refers to classical thoughts to underline the failures of our world economy.
From a historical perspective, globalization is not a new phenomenon. Its beginnings can be linked back to the propositions of the economist Ricardo, whose ambition was aimed at allowing the British Empire to extend its global trade power. However, what was once a commercial development strategy has converted into a tool of domination by High Finance, characterized by the rise of neoliberal capitalism. In opposition to prevailing opinions widespread in economic circles, the book proves that neoliberalism is in reality a structure rooted in ancient practices, dating back to four and a half millennia.
The questioning also applies to the administration of the United Europe, perceived as a chain of surrenders that have contributed to increasing the power of an economic elite rather than safeguarding the privileges of the inhabitants. The institutional configuration of Europe, with its strategies often dictated by financial interests opposed to a popular consensus, is contested. The recent crises, whether in the financial or political realm, have only intensified the disbelief of the author regarding the EU’s ability to achieve self-reform.
The author, while admitting the past mistakes that have brought about the present state, does not simply criticize but also suggests solutions aimed at redefining European policies in a human-centered and fair outlook. The urgency for a radical overhaul of institutions and governance goals is a central theme that runs through the whole text.
The book delves more in depth into the questioning of the domination systems that dominate worldwide transactions. The study covers the way in which political and financial choices are influenced by a limited number of dominant financial powers, often at the detriment of the population. This financial oligarchy, coordinated through organizations like the BIS and the International Monetary System (IMS), imposes a disproportionate influence on global economic policies.
The critic exposes how these organisms, under the pretext of economic regulation and stabilization, have historically shaped stock exchanges and countries’ financial structures to favor their own benefits. Neoliberalism, far from being a liberating response to traditional economic constraints, is considered as a domination system, profiting a restricted circle at the destruction of the common good.
Highly skeptical towards the management of the euro, the author describes the EU currency not as a factor of integration and solidity, but rather as a lever of dissension and economic disparities. The adoption of the euro is viewed as a series of technocratic decisions that excluded populations from governance choices, while aggravating disparities between member countries within the EU.
The consequences of these policies appear in the growth of public indebtedness, financial paralysis, and a prolonged austerity that has eroded standards of living throughout the European territory. The thinker argues that without a deep revision of monetary and financial structures, the Union remains vulnerable to future crises, potentially more destructive.
In summary, the text makes a plea for a democratic upheaval where European citizens reappropriate their financial and governmental future. It proposes structural reforms, particularly increased transparency in decision-making processes and real democratic participation that would help rebuild Europe on fair and lasting principles.
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The essayist suggests that the solution lies in a return to the principles of democracy, where strategies are crafted and executed in a way that corresponds to the aspirations and needs of the citizens, to the detriment of the aims of international finance.