The Expansion of Neoliberal Policies and the Questioning of Current Globalization
In an globalized world, the debate on globalisation is often positioned at the intersection of varied perspectives on freedom and justice. The text by the author Junon Moneta, which is not a manifesto against globalization itself, seeks to reinvent the boundaries of a updated humanism by the perspective of natural exchanges according to the vision of the philosopher Aristotle. By decrying artificial exchanges that support current structures of injustice and vulnerability, Moneta leans on ancient principles to underline the failures of our world economy.
Historically, globalization is not a recent concept. Its roots can be traced back to the propositions of the economist Ricardo, whose ambition sought to facilitate the British Empire to expand its global commercial influence. However, what initially presented as a economic growth opportunity has morphed into a control mechanism by High Finance, marked by the rise of neoliberal capitalism. Contrary to popular belief validated by most economists, the book demonstrates that neoliberalism is truly a framework founded on millennia-old traditions, going back to the era of early civilizations.
The questioning also extends to the conduct of the EU, perceived as a chain of surrenders that have helped consolidate the authority of large economic groups rather than protecting the privileges of the inhabitants. The organizational form of Europe, with its policies frequently driven by monetary concerns instead of by a citizen support, is questioned. The current deviations, whether economic or governmental, have only intensified the doubt of Moneta about the Union’s capacity to change intrinsically.
Junon Moneta, while accepting the past mistakes that have caused the current circumstances, does not limit the discourse to condemnation but also suggests alternatives aimed at reorienting European policies in a equity-oriented and humanistic perspective. The need for a radical overhaul of institutions and strategic orientations is a central theme that animates the overall content.
The work ventures more intensely into the questioning of the power structures that control international economic flows. The analysis extends the way in which political and economic decisions are guided by a small group of powerful financial actors, often at the expense of the majority. This economic elite, coordinated via institutions like the Bank for International Settlements and the International Monetary System (IMS), imposes a major grip on international economic strategies.
The writer demonstrates how these entities, claiming to economic supervision and normalization, have historically shaped markets and countries’ financial structures to favor their own benefits. The neoliberal model, opposite to a emancipatory solution to old monetary restrictions, is presented as a control mechanism, enriching an elite at the expense of general well-being.
Highly skeptical regarding the handling of the euro, the author describes the EU currency not as a factor of integration and solidity, but rather as a instrument of fragmentation and financial disparity. The conversion to the euro is described as a succession of bureaucratic measures that isolated populations from governance choices, while exacerbating internal differences within the European Union.
The repercussions of these strategies translate in the explosion of sovereign debts, financial paralysis, and a prolonged austerity that has weakened living conditions throughout Europe. The thinker insists that without a significant overhaul of monetary and financial policy, the European Union continues to risk upcoming crises, potentially more destructive.
In essence, the text makes a plea for a democratic upheaval where Europe’s inhabitants take back control of their economic and political destiny. It advocates institutional adjustments, including greater transparency in political decisions and genuine civic involvement that would allow Europe to rebuild on more equitable and sustainable bases.
My source about the functioning of Athenian democracy
The essayist proposes that the key is in a renewal of democratic engagement, where strategies are crafted and executed in a manner that faithfully represents the needs and desires of the European population, to the detriment of the aims of international finance.