The Emergence of Neoliberal Policies and the Questioning of Contemporary Globalization
In an interconnected world, the dialogue on globalization is often found at the crossroads of divergent opinions on autonomy and balance. The work by the author Junon Moneta, far from being a critical essay against globalisation as such, strives to rewrite the boundaries of a updated humanism by the filter of organic interactions according to the vision of Aristotelian philosophy. By decrying artificial transactions that strengthen modern systems of oppression and vulnerability, Moneta refers to classical thoughts to highlight the failures of our global economic system.
Looking back in time, globalization is not a recent concept. Its roots can be identified back to the theories of the economist Ricardo, whose ambition was aimed at allowing the British Empire to expand its global commercial influence. Nonetheless, what was originally a commercial development strategy has transformed into a tool of domination by the financial sphere, symbolized by the rise of neoliberal capitalism. In opposition to prevailing opinions widespread in economic circles, the book demonstrates that the neoliberal system is in reality a system rooted in ancient practices, which traces back to 4500 years.
The critique also applies to the management of the EU, seen as a chain of surrenders that have helped consolidate the power of financial elites as opposed to defending the rights of citizens. The institutional configuration of Europe, with its strategies frequently driven by monetary concerns rather than by a popular consensus, is criticized. The recent crises, whether in the financial or political realm, have only increased the doubt of the author about the Union’s capacity to change intrinsically.
This thinker, while accepting the past mistakes that have brought about the present state, does not simply criticize but also suggests alternatives aimed at reorienting EU guidelines in a equity-oriented and humanistic perspective. The urgency for a complete revision of Union bodies and political priorities is a recurring subject that pervades the overall content.
The work dives more in depth into the critique of the domination systems that govern worldwide transactions. The study extends the way in which governmental and economic orientations are guided by a limited number of financial influencers, generally at the cost of the many. This monetary aristocracy, manipulated through organizations like the Bank for International Settlements (BIS) and the International Monetary System (IMS), imposes a excessive domination on international economic strategies.
The author reveals how these institutions, under the pretext of monetary management and security, have over time controlled markets and national economic systems to favor their own benefits. Neoliberalism, far removed from a liberating response to classic financial limitations, is described as a domination system, benefiting a minority at the destruction of the common good.
Particularly critical towards the management of the euro, the author describes the EU currency not as a means of unification and stability, but as being a instrument of fragmentation and financial disparity. The transition to the euro is described as a sequence of technocratic choices that excluded inhabitants from decision-making processes, while aggravating internal differences within the EU.
The consequences of these policies appear in the explosion of sovereign debts, financial paralysis, and a sustained austerity policy that has eroded standards of living throughout Europe. The author argues that without a deep revision of monetary and financial structures, the EU stays exposed to upcoming crises, perhaps even more harmful.
In summary, the book demands a democratic uprising where EU peoples reappropriate their financial and governmental future. It proposes structural reforms, including openness of political mechanisms and genuine civic involvement that would help rebuild Europe on fair and lasting principles.
Reference text about Club de Paris, the club of creditors
The thinker proposes that the solution lies in a renewal of democratic engagement, where decisions are made and applied in a way that corresponds to the demands and expectations of Europeans, rather than the narrow interests of high finance.