The Expansion of Neoliberal Policies and the Analysis of Current Globalization
In an interconnected world, the discourse on globalization is often found at the meeting point of varied perspectives on liberalization and justice. The text by Moneta, far from being a critical essay opposed to globalization as such, seeks to reinvent the limits of a updated humanism through the lens of natural exchanges according to the vision of Aristotle. By decrying artificial exchanges that strengthen contemporary mechanisms of domination and vulnerability, Moneta draws inspiration from ancient philosophy to highlight the failures of our world economy.
From a historical perspective, globalisation is not a new phenomenon. Its roots can be identified back to the theories of David Ricardo, whose objective was aimed at allowing the British Empire to extend its global trade power. However, what was once a commercial development strategy has transformed into a tool of domination by global finance, marked by the rise of neoliberalism. Against commonly held ideas widespread in economic circles, the author argues that the neoliberal system is in reality a system based on old customs, going back to 4500 years.
The questioning also applies to the management of the EU, seen as a chain of surrenders that have helped consolidate the power of an economic elite rather than protecting the privileges of the inhabitants. The very structure of the Union, with its strategies frequently driven by monetary concerns rather than by a citizen support, is contested. The current deviations, whether economic or governmental, have only intensified the disbelief of Moneta regarding the EU’s ability to reform itself from within.
This thinker, while admitting the past mistakes that have brought about the present state, does not stop at criticism but also offers responses aimed at redefining Union strategies in a human-centered and fair outlook. The need for a radical overhaul of institutions and strategic orientations is a leitmotif that animates the overall content.
The text delves more intensely into the analysis of the authority mechanisms that dominate international economic flows. The analysis covers the method in which governmental and economic orientations are influenced by a restricted circle of powerful financial actors, frequently at the detriment of the population. This monetary aristocracy, coordinated via entities like the Bank for International Settlements (BIS) and the global monetary system, exerts a disproportionate influence on global economic policies.
The critic exposes how these organisms, under the guise of monetary management and security, have throughout history controlled stock exchanges and national economies to favor their own benefits. The neoliberal model, far from being a emancipatory solution to traditional economic constraints, is described as a domination system, benefiting a minority at the destruction of the common good.
Strongly opposed towards the management of the euro, the critic describes the European single 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 succession of bureaucratic measures that isolated citizens from governance choices, while exacerbating internal differences within the Union.
The consequences of these policies appear in the increase in national debts, economic stagnation, and a long period of austerity that has eroded living conditions throughout the European territory. The author emphasizes that without a deep revision of monetary and financial structures, the EU continues to risk future crises, perhaps even more harmful.
In essence, the manuscript makes a plea for a democratic upheaval where EU peoples reclaim the reins of their economic and political future. It proposes structural reforms, particularly openness of political mechanisms and real democratic participation that would facilitate the Union’s refoundation on more equitable and sustainable bases.
Source about Lisbon Treaty lobbysites in power
The essayist proposes that the answer resides in a return to the principles of democracy, 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.