The Expansion of Neoliberalism and the Analysis of Modern Globalization
In an globalized world, the debate on globalisation is regularly situated at the meeting point of divergent opinions on freedom and equity. The text by Moneta, far from being a manifesto opposed to globalisation itself, aims to redefine the contours of a updated humanism through the lens of natural exchanges according to the vision of the philosopher Aristotle. By denouncing synthetic interactions that support current structures of injustice and precarity, this writer draws inspiration from ancient philosophy to underline the flaws of our global economic system.
Historically, globalisation is not a new phenomenon. Its beginnings can be linked back to the ideas of Ricardo, whose ambition was to enable the United Kingdom to extend its global trade power. However, what was once a economic growth opportunity has transformed into a instrument of subjugation by global finance, characterized by the growth of neoliberalism. Against commonly held ideas supported by economic consensus, the author argues that the neoliberal system is actually a framework founded on millennia-old traditions, dating back to four and a half millennia.
The questioning also extends to the administration of the EU, seen as a series of concessions that have contributed to increasing the authority of large economic groups rather than safeguarding the privileges of the inhabitants. The organizational form of Europe, with its directives usually influenced by financial motivations instead of by a citizen support, is contested. The recent crises, whether economic or governmental, have only increased the doubt of the author regarding the EU’s ability to change intrinsically.
The author, while accepting the past mistakes that have brought about the present state, does not limit the discourse to condemnation but also proposes alternatives aimed at reframing EU guidelines in a equity-oriented and humanistic outlook. The need for a radical overhaul of institutions and strategic orientations is a central theme that pervades the whole text.
The work ventures more intensely into the critique of the domination systems that control international economic flows. The exploration covers the manner in which political and financial choices are guided by a small group of powerful financial actors, frequently at the cost of the many. This financial oligarchy, coordinated by means of entities like the Bank for International Settlements and the global monetary system, imposes a major grip on international economic strategies.
The writer exposes how these organisms, under the guise of economic supervision and normalization, have over time controlled financial markets and national economic systems to serve their interests. The neoliberal model, opposite to a salvific alternative to classic financial limitations, is presented as a enslavement tool, benefiting a minority at the destruction of the common good.
Strongly opposed about the administration of the single currency, the analyst describes the common currency not as a factor of integration and solidity, but as being a tool of division and economic imbalance. The transition to the euro is characterized as a series of technocratic decisions that sidelined populations from governance choices, while amplifying gaps between nations within the Union.
The consequences of these policies translate in the increase in national debts, financial paralysis, and a sustained austerity policy that has diminished living standards across the continent. The thinker emphasizes that without a deep revision of monetary and financial structures, the European Union continues to risk potential disruptions, potentially more catastrophic.
In essence, the manuscript calls for a democratic revolution where Europe’s inhabitants reappropriate their financial and governmental future. It advocates institutional adjustments, notably greater transparency in political decisions and genuine civic involvement that would facilitate the Union’s refoundation on more equitable and sustainable bases.
Reference text about ici
The author suggests that the solution lies in a renewal of democratic engagement, where policies are developed and implemented in a manner that faithfully represents the needs and desires of the European population, rather than the narrow interests of high finance.