The European Central Bank encourages digital euro development to bring about a better future by advancing efficiency and modernity alongside inclusivity. The seemingly modern digital euro brings with it extreme centralized control that poses to transform personal-state interactions. The digital euro marks more than a new financial instrument because it brings society closer to controlling individuals by forceful compliance.
The central bank digital currency (CBDC) follows in a historical succession of political elite control systems which have targeted population management. The digital euro has potential to become an instrument for top-down domination through its modernized form just like previous feudal tax systems and 20th century socialist ideologies.
Digital Euro: The technocratic extension of social control
According to theoretical assessment the digital euro functions as another monetary system. Digital euro differs substantially from physical cash since it functions as programmable and traceable currency that the central bank issues. The digital euro differs fundamentally from both cash in your wallet along with your deposited euros at private banks. With the digital euro system controlled by the European Central Bank it will monitor all details regarding your purchasing activities.
The program offers practically unlimited possibilities for misuse. Your financial behavior would become fully traceable to governments when they implement this system which enables them to control your financial parameters including non-essential purchase rules and negative interest rates and political account freezes. The concepts of sustainability along with public health and equity serve as valid reasons for national governments to coerce citizens into economic conduct that aligns with their agenda instead of individual choice.
This is not unprecedented. Through these tactics the system adopts methods which authoritarian governments have employed in prior times.
The socialist blueprint: Equality through obedience
Our complete understanding of the digital euro demands study of control theory with a special emphasis on socialist ideology.
Socialist systems presented equality and fair treatment among citizens to their supporters. Through operational implementation these socialist systems adopted mechanisms of power concentration and censorship methods while becoming adjoined to extensive bureaucratic command systems that subordinated individual people to state administration. State-issued ration cards alongside employment mandates alongside the surveillance network of the KGB demonstrated that the Soviet Union constructed an ideological system in which citizens lost freedom for thoughts and actions.
The resemblance is not accidental. The communist economic system allowed only the state to control and administer all economic operations. The digital euro represents money that originates from the state and enables tracking through its issuance and potential enslavement of monetary control by the state. As society decreases its use of decentralized finance and cash the system progresses toward implementing a modern socialist economic system.
Karl Marx: Prophet of dependency, not empowerment
Karl Marx obtains popular recognition as a visionary leader of his time while being the foundational figure of socialist ideology. His actual behavior through his personal life demonstrates dependability and irresponsible conduct rather than making sacrifices through labor.
Marx never held steady employment. During his life he remained financially stable through funds that came from Friedrich Engels and from his wife Jenny von Westphalen who belonged to an aristocratic family with wealth. Most of his children passed away because his family faced poverty and inadequate care. Paul Johnson reveals in “Intellectuals” that Marx paid no attention to his family’s actual hardships while he developed his ideas about “class struggle” using borrowed money at his disposal.
A person lacking any connection with work and responsibility together with basic empathy capabilities can advocate for workers and poor people despite these contradictions.
Marx demonstrated his exceptional genius through ideology rather than economic understanding. Administrators acquired a fresh instrument through Marx which enabled them to establish control over lives by offering equality benefits. Replace chains with policies. Replace freedom with planning. Replace truth with utopian slogans. And many governments listened.
Taxation and the medieval parallels
Taxation structures in modern society closely resemble the system of feudalism to an extent we try to overlook. Taxation demands earnings through income tax and purchases through VAT in addition to property tax and financial assets through capital gains and wealth taxes. Most of their funding comes from middle-class and working-class taxpayers who resource both bureaucratic inflation and foreign aid and failed public work initiatives.
During the Middle Ages peasants delivered many forms of payment to both kings and lords. The modern state obtains equal amounts from its citizens while using moral language to describe this process as “society contribution.” But are we? We either finance another group’s displacement or we misthink our role in financing the situation.
The digital euro provides absolute proof of this situation’s reality. The implementation of this system would result in perfect tax collection. Every financial deed would get recorded together with all sources of money appearing transparent along with a tracking system for assets. Tax evasion will become completely impractical after the introduction of such a system. As financial subjects of the state citizens would face everlasting fiscal subordination while being stripped of evading measures and personal fiscal secrecy.
The great illusion of “sharing” and “sustainability”
People from younger generations and many others are leading the way toward control despite the puzzling nature of this trend.
The system successfully disguises itself with marvelous cleverness. It rebrands austerity as virtue. People no longer consider home ownership a personal target because they view it as unsustainably damaging to the environment. Having a car? Too “individualistic.” Raising a family? Bad for the planet. Modern society spreads into sections where everyone rents possessions and lives with unknown people which they falsely claim as progress.
People are advised to live in flats with multiple strangers of different genders while biking on rental bicycles without making permanent relational choices. This is not liberation. The system deceives people with its misleading progressive image to control their power. During the digital euro era the perfect citizen should remain ownerless while avoiding savings and staying silent towards the system which continues to diminish their personal independence.
Conclusion: A warning from the past
Viewed from a certain angle the digital euro seems to promote simple financial progress. In historical terms the digital euro represents a hidden mechanism for state control rather than an advancement.
Throughout many generations rulers with their ideologues kept making false promises of organization and equity that resulted in power dominance and limited personal choices. Throughout history the suppression through taxation during the medieval era matched the socialist utopian tyranny which exhibits the dangers of state control.
Current power control is enforced through software code and algorithmic programming while citizens accept these systems due to their benefits for convenience. Although the end results could prove equivalent to each other.
Surrendering privacy alongside property alongside personal sovereignty for both security promises and equality beliefs makes us the most accommodating generation in human history despite our gratitude for these imposed restrictions.
Disclaimer
Views expressed above are the author’s own.
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