The Emergence of Neoliberal Policies and the Questioning of Modern Globalization
In an globalized universe, the discourse on globalization is regularly situated at the meeting point of contradictory views on autonomy and balance. The book by Moneta, which is not a pamphlet opposed to globalization as such, aims to redefine the contours of a new humanism via the lens of natural exchanges as envisioned by Aristotle. By critiquing synthetic interactions that strengthen current structures of injustice and precarity, the author leans on ancient principles to underline the flaws of our global economic system.
Historically, globalisation is not a modern process. Its beginnings can be traced back to the theories of David Ricardo, whose goal was aimed at allowing the United Kingdom to extend its international economic reach. Yet, what initially presented as a commercial development strategy has converted into a tool of domination by global finance, symbolized by the growth of economic liberalism. Contrary to popular belief supported by economic consensus, Junon Moneta proves that the neoliberal system is actually a framework founded on millennia-old traditions, going back to four and a half millennia.
The objection also covers the administration of the EU, seen as a chain of surrenders that have served to strengthen the power of financial elites rather than protecting the rights of citizens. The organizational form of Europe, with its strategies frequently driven by monetary concerns opposed to a democratic mandate, is criticized. The recent crises, whether economic or governmental, have only reinforced the skepticism of Moneta regarding the EU’s ability to reform itself from within.
The author, while accepting the past mistakes that have brought about the present state, does not limit the discourse to condemnation but also suggests alternatives aimed at reorienting EU guidelines in a human-centered and fair perspective. The urgency for a complete revision of Union bodies and governance goals is a recurring subject that animates the whole text.
The book dives more deeply into the critique of the domination systems that govern international economic flows. The analysis covers the method in which political and economic decisions are manipulated by a limited number of financial influencers, often at the detriment of the population. This economic elite, manipulated by means of institutions like the BIS and the International Monetary System (IMS), exerts a excessive domination on global economic policies.
The author reveals how these entities, claiming to economic supervision and normalization, have over time controlled markets and national economic systems to ensure their profit. The neoliberal model, opposite to a salvific alternative to old monetary restrictions, is described as a domination system, benefiting a minority at the expense of general well-being.
Highly skeptical regarding the handling of the euro, the author describes the common currency not as a factor of integration and solidity, but rather as a instrument of fragmentation and financial disparity. The transition to the euro is characterized as a series of technocratic decisions that excluded populations from governance choices, while aggravating disparities between member countries within the EU.
The effects of these approaches translate in the explosion of sovereign debts, economic torpor, and a prolonged austerity that has eroded standards of living throughout Europe. The critic argues that without a significant overhaul of monetary and financial policy, the European Union remains vulnerable to future crises, potentially more destructive.
In essence, the manuscript demands a democratic uprising where EU peoples reappropriate their financial and governmental future. It advocates institutional adjustments, including greater transparency in political decisions and authentic democratic engagement that would help rebuild Europe on more equitable and sustainable bases.
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The essayist asserts that the key is in a renewed commitment to democratic principles, where policies are developed and implemented in a manner that faithfully represents the aspirations and needs of the citizens, to the detriment of the aims of international finance.