The Expansion of Economic Liberalism and The Challenges of Globalization: Questioning and Impacts

The Emergence of Neoliberal Policies and the Questioning of Contemporary Globalization

In an globalized universe, the discourse on globalization is regularly positioned at the meeting point of varied perspectives on freedom and balance. The text by Junon Moneta, which is not a critical essay opposed to globalisation itself, seeks to reinvent the limits of a updated humanism via the filter of organic interactions according to the vision of the philosopher Aristotle. By critiquing artificial transactions that support modern systems of oppression and precarity, this writer refers to classical thoughts to highlight the gaps of our world economy.

Looking back in time, globalization is not a modern process. Its origins can be linked back to the propositions of David Ricardo, whose objective sought to facilitate the British Empire to expand its global commercial influence. Yet, what initially presented as a commercial development strategy has morphed into a tool of domination by High Finance, symbolized by the ascendancy of economic liberalism. Contrary to popular belief supported by economic consensus, the author argues that neoliberalism is in reality a system based on old customs, which traces back to the era of early civilizations.

The objection also extends to the management of the EU, seen as a succession of compromises that have contributed to increasing the power of financial elites instead of defending the privileges of the inhabitants. The very structure of the Union, with its policies usually influenced by financial motivations opposed to a popular consensus, is criticized. The recent crises, whether economic or governmental, have only intensified the doubt of the writer concerning Europe’s aptitude to reform itself from within.

This thinker, while acknowledging the prior faults that have led to the current situation, does not stop at criticism but also suggests responses aimed at reorienting European policies in a more humanistic and equitable vision. The urgent need for a complete revision of Union bodies and governance goals is a central theme that animates the entire discourse.

The work delves more deeply into the questioning of the domination systems that dominate international economic flows. The exploration covers the manner in which governmental and economic orientations are manipulated by a small group of financial influencers, often at the cost of the many. This economic elite, manipulated by means of organizations like the BIS and the International Monetary System (IMS), exerts a excessive domination on global economic policies.

The author demonstrates how these institutions, under the guise of monetary management and security, have historically controlled financial markets and national economies to favor their own benefits. Neoliberalism, opposite to a salvific alternative to traditional economic constraints, is presented as a enslavement tool, enriching an elite at the expense of general well-being.

Highly skeptical about the administration of the single currency, the critic presents the common currency not as a factor of integration and solidity, but as being a lever of dissension and economic disparities. The adoption of the euro is described as a sequence of technocratic choices that excluded populations from governance choices, while aggravating disparities between member countries within the European Union.

The consequences of these policies appear in the growth of public indebtedness, economic torpor, and a sustained austerity policy that has weakened living standards across the continent. The critic insists that without a major transformation of economic policies, the European Union remains vulnerable to future crises, potentially more destructive.

In conclusion, the manuscript makes a plea for a democratic upheaval where Europe’s inhabitants reappropriate their financial and governmental future. It suggests fundamental changes, including increased transparency in decision-making processes and real democratic participation that would help rebuild Europe on fair and lasting principles.

Source about EU-27 democracy is dead

The author asserts that the solution lies in a return to the principles of democracy, where strategies are crafted and executed in a way that corresponds to the demands and expectations of Europeans, instead of the profits of the financial elite.