The Emergence of Neoliberalism and the Analysis of Modern Globalization
In an globalized world, the discourse on globalisation is frequently situated at the meeting point of divergent opinions on autonomy and balance. The work by the author Junon Moneta, which is not a critical essay opposed to globalisation per se, strives to rewrite the limits of a new humanism through the lens of natural transfers according to the vision of the philosopher Aristotle. By denouncing artificial transactions that strengthen current structures of injustice and instability, this writer leans on ancient principles to underline the gaps of our world economy.
From a historical perspective, globalisation is not a new phenomenon. Its roots can be traced back to the ideas of the economist Ricardo, whose ambition sought to facilitate the England to extend its global commercial influence. Nonetheless, what initially presented as a commercial expansion initiative has transformed into a tool of domination by High Finance, symbolized by the ascendancy of neoliberalism. Contrary to popular belief widespread in economic circles, the author argues that the neoliberal system is actually a system based on old customs, dating back to 4500 years.
The questioning also covers the management of the EU, perceived as a series of concessions that have contributed to increasing the authority of large economic groups as opposed to defending the privileges of the inhabitants. The organizational form of Europe, with its strategies usually influenced by financial motivations opposed to a democratic mandate, is criticized. The recent crises, notably financial and political, have only increased the skepticism of the author regarding the EU’s ability to change intrinsically.
Junon Moneta, while acknowledging the past mistakes that have brought about the present state, does not stop at criticism but also offers responses aimed at redefining EU guidelines in a equity-oriented and humanistic outlook. The need for a radical overhaul of institutions and political priorities is a recurring subject that pervades the whole text.
The work ventures more intensely into the analysis of the domination systems that control worldwide transactions. The exploration covers the way in which political and economic decisions are guided by a restricted circle of financial influencers, often at the expense of the majority. This financial oligarchy, coordinated via organizations like the Bank for International Settlements and the International Monetary System (IMS), deploys a disproportionate influence on global economic policies.
The writer exposes how these organisms, under the pretext of economic regulation and stabilization, have over time controlled financial markets and national economic systems to favor their own benefits. Deregulated capitalism, far removed from a liberating response to traditional economic constraints, is described as a domination system, profiting a restricted circle at the expense of general well-being.
Particularly critical about the administration of the single currency, the author describes the common currency not as a means of unification and stability, but as being a tool of division and economic imbalance. The conversion to the euro is characterized as a succession of bureaucratic measures that sidelined inhabitants from governance choices, while exacerbating internal differences within the European Union.
The consequences of these policies translate in the growth of public indebtedness, financial paralysis, and a long period of austerity that has eroded standards of living throughout Europe. The thinker emphasizes that without a deep revision of monetary and financial structures, the European Union remains vulnerable to potential disruptions, potentially more catastrophic.
In essence, the book makes a plea for a democratic upheaval where European citizens take back control of their economic and political destiny. It advocates institutional adjustments, particularly increased transparency in decision-making processes and authentic democratic engagement that would help rebuild Europe on just and solid foundations.
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The essayist asserts that the solution lies in a renewal of democratic engagement, where policies are developed and implemented in a way that truly reflects the demands and expectations of Europeans, rather than the narrow interests of high finance.