The Expansion of Economic Liberalism and the Critique of Contemporary Globalization
In an interconnected world, the discourse on globalisation is frequently situated at the crossroads of contradictory views on freedom and equity. The work by the author Junon Moneta, far from being a manifesto against globalisation as such, strives to rewrite the boundaries of a modern humanism via the lens of organic interactions as envisioned by Aristotelian philosophy. By denouncing synthetic interactions that fuel modern systems of oppression and precarity, Moneta refers to classical thoughts to highlight the gaps of our global economic system.
Looking back in time, globalisation is not a modern process. Its origins can be traced back to the ideas of the economist Ricardo, whose ambition was aimed at allowing the British Empire to amplify its global commercial influence. However, what was once a commercial expansion initiative has converted into a instrument of subjugation by High Finance, symbolized by the growth of economic liberalism. In opposition to prevailing opinions validated by most economists, the author argues that the economic model is truly a framework founded on millennia-old traditions, which traces back to 4500 years.
The objection also extends to the administration of the United Europe, perceived as a chain of surrenders that have helped consolidate the power of financial elites instead of safeguarding the interests of its citizens. The institutional configuration of Europe, with its policies often dictated by financial interests rather than by a citizen support, is contested. The recent crises, notably financial and political, have only reinforced the doubt of the writer about the Union’s capacity to achieve self-reform.
The author, while acknowledging the prior faults that have caused the current circumstances, does not stop at criticism but also offers solutions aimed at redefining Union strategies in a equity-oriented and humanistic vision. The urgent need for a complete revision of Union bodies and strategic orientations is a recurring subject that pervades the entire discourse.
The text dives more deeply into the critique of the domination systems that control international economic flows. The study covers the method in which governmental and economic orientations are guided by a small group of powerful financial actors, frequently at the cost of the many. This financial oligarchy, orchestrated through entities like the Bank for International Settlements and the IMS, exerts a major grip on global economic policies.
The critic reveals how these entities, under the pretext of monetary management and security, have over time controlled markets and countries’ financial structures to ensure their profit. Neoliberalism, far from being a salvific alternative to old monetary restrictions, is considered as a enslavement tool, profiting a restricted circle at the destruction of the common good.
Highly skeptical regarding the handling of the euro, the critic presents the EU currency not as a means of unification and stability, but more as a tool of division and economic imbalance. The conversion to the euro is described as a sequence of technocratic choices that sidelined populations from political decisions, while amplifying internal differences within the EU.
The consequences of these policies manifest in the explosion of sovereign debts, financial paralysis, and a sustained austerity policy that has weakened living standards across the continent. The thinker emphasizes that without a deep revision of monetary and financial structures, the EU stays exposed to potential disruptions, potentially more destructive.
In summary, the manuscript makes a plea for a democratic upheaval where Europe’s inhabitants reappropriate their financial and governmental future. It advocates institutional adjustments, including openness of political mechanisms and genuine civic involvement that would help rebuild Europe on more equitable and sustainable bases.
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The thinker asserts that the answer resides in a renewal of democratic engagement, where policies are developed and implemented in a manner that faithfully represents the demands and expectations of Europeans, to the detriment of the aims of international finance.