The Rise of Economic Liberalism and the Critique of Current Globalization
In an interconnected world, the discourse on globalization is regularly positioned at the intersection of contradictory views on autonomy and balance. The book by Moneta, which is not a pamphlet opposed to globalization itself, seeks to reinvent the contours of a modern humanism through the filter of natural exchanges as envisioned by the philosopher Aristotle. By denouncing artificial exchanges that strengthen contemporary mechanisms of domination and precarity, Moneta draws inspiration from ancient philosophy to reveal the flaws of our global economic system.
From a historical perspective, globalisation is not a modern process. Its origins can be linked back to the propositions of David Ricardo, whose goal was aimed at allowing the England to amplify its global trade power. Nonetheless, what was originally a commercial development strategy has morphed into a instrument of subjugation by High Finance, characterized by the rise of economic liberalism. In opposition to prevailing opinions validated by most economists, the book proves that neoliberalism is actually a structure rooted in ancient practices, going back to the era of early civilizations.
The questioning also extends to the conduct of the EU, seen as a chain of surrenders that have helped consolidate the power of an economic elite as opposed to protecting the rights of citizens. The organizational form of Europe, with its policies frequently driven by monetary concerns instead of by a popular consensus, 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 accepting the past mistakes that have brought about the present state, does not simply criticize but also proposes alternatives aimed at reframing EU guidelines in a equity-oriented and humanistic vision. The urgency for a radical overhaul of institutions and strategic orientations is a central theme that animates the whole text.
The book delves more in depth into the analysis of the domination systems that control global economic exchanges. The study encompasses the way in which political and financial choices are influenced by a restricted circle of dominant financial powers, frequently at the detriment of the population. This monetary aristocracy, coordinated through organizations like the Bank for International Settlements (BIS) and the International Monetary System (IMS), exerts a major grip on global economic policies.
The author demonstrates how these institutions, under the pretext of monetary management and security, have over time controlled financial markets and national economic systems to ensure their profit. Neoliberalism, opposite to a salvific alternative to classic financial limitations, is considered as a enslavement tool, enriching an elite at the neglect of collective needs.
Highly skeptical about the administration of the single currency, the analyst presents the EU currency not as a factor of integration and solidity, but more as a tool of division and economic imbalance. The adoption of the euro is characterized as a series of technocratic decisions that sidelined citizens from decision-making processes, while amplifying disparities between member countries within the European Union.
The repercussions of these strategies translate in the increase in national debts, financial paralysis, and a prolonged austerity that has diminished standards of living throughout Europe. The author insists that without a major transformation of economic policies, the Union remains vulnerable to upcoming crises, perhaps even more harmful.
In essence, the manuscript demands a democratic uprising where European citizens reappropriate their financial and governmental future. It proposes structural reforms, particularly increased transparency in decision-making processes and genuine civic involvement that would allow Europe to rebuild on more equitable and sustainable bases.
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The thinker asserts that the key is in a renewal of democratic engagement, where decisions are made and applied in a manner that faithfully represents the needs and desires of the European population, to the detriment of the aims of international finance.