jueves, 17 de noviembre de 2011

Federalize the world economy




A few days ago, the Vatican issued a new proposal to regulate the economical crisis. To think about a world government able to coordinate agreed policy actions, no doubt refers to the concept of federalism.
The year 1986 capped the creation and implementation of the Single European Act through which the Community is invested as a single reinforcing legal superstructure allowing strong decision-making in terms of political weight, as well as opening the way towards the consolidation of an internal market. It also paved the way for the extension and modification of the Treaty of Rome in 1957 renaming the three Communities (the European Economic Community -EEC-, the European Coal and Steel Community -ECSC- and the European Atomic Energy Community, -EURATOM-) under a new denomination known as The European Community (EC).
Altiero Spinelli, responsible for promoting the European Federalist Movement, emerged as one of the maximum exponents of the basic foundations concerning the spirit of the Union. After his performance as an MEP, the European Parliament unanimously approved his initiative of the treaty on The European Union.
The creation of a central authority able to defend common interests was found as the base to seek an everlasting peace and a consensus among the European countries. In this sense, unlike the functionalist vision, whose main exponent was Jean Monnet, it was not plausible to advocate for the defense of national interests. Nationalism itself was seen as the cause of the war’s explosion according to Spinelli’s vision. 
"A reform of international financial and monetary system in the prospect of a public authority of universal jurisdiction” was the title of a document that the Pontifical Council for Justice and Peace issued where it highlights the importance of creating a global political authority, which can be relegated to a background view. It also mentions the reductionist interests of certain economical groups that fail to ensure a common interest and instead position themselves to remain themselves out of structural problems in the global agenda.
Among other highlights, it mentions the importance of supporting the Tobin Tax on global financial transactions to be administered by a sort of “Central Global Bank” that regulates cash flow and the interchangeable monetary system, with the same criteria as national central banks.  
This axis is in line with what is announced in Revelation 3:16-17: "And he caused all, both small and great, rich and poor, free and bond, have received a mark on the right hand or forehead, and that no man might buy or sell, but only who has received the mark or the name of the beast or the number of his name. " This passage predicts the computer-driven centralization by global currency blocs. Assigning a number to every human being simply implies the identification and monitoring of their behavior. The statements are clear, the control and the manipulation of the registry data, is now a reality that it is developed in our society.
In turn, to buy and sell without money, you need a system than can replace it. Under this worldview, on one hand, the creation of an authority with universal skills in financial and monetary accounts helps the formation of a new institution with concentrated powers that monitors all who are ‘marked’ in a panopticon style in terms of Foucault's Discipline and Punish.
On the other hand, it also claims for the democratization of the United Nations in terms of reforming the internal decision making process.
The main challenge is arriving at consensus proposals under the umbrella of participating stakeholders including in this case, all mutual cooperation mechanisms between countries whom are better positioned and those whom still are not even on the international agenda because they are not a key role players in decision making at the dialogue process.
The horizon is clear: national interests should be relegated in order to make way for those federal regulations. The price may be high but surely, the reward is worth it. It is impossible to build from a particular vision of selfish nationalism.
As the Word of God said: ‘It is necessary see death in order to see birth’.
Bologna, November 17, 2011
Gretel Ledo
Lawyer | Political Scientist | Sociologist
Political Analyst

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