The ability to keep secrets is a fundamental human right. Encryption is a technical protection against that violation, separate from legal consequences. Encryption means I can keep my secrets even if the government locks me up until I reveal the password. I don't see how it is a key driver of militarization and enhanced financialization.

In the above conceptualization, the protection of the often trivial secrets of individuals is often used as a kind of moral and informational camouflage for the actual re-orientation of power around secrets that really matter, i.e., bank account balances, account numbers, insider trading tips, etc. Hence why Apple markets their devices as protecting a fairly nebulous notion of privacy, it's not wrong, but it's not the most interesting part of what happens.

The more I think of it I thinkt that secrets are a tool of the rich and powerfull to keep the weak and poor subjugated. I for one think that a society with lots of transparency (think at least on financial transactions and wealth) would reach a more honest state.

And there are examples where this actually works - like the stock exchange: people agree that to be able to take good decisions, the publicly listed companies must be transparent.

Of course changing from "full secrecy mode" to "let's be more transparent" can't happen suddenly, but there are places where there are more transparent (ex: in Norway you can ask for someones tax declaration) and the country continues to function. And you can't do it in all places: if you are in a place where people hate each other for various reasons with passion (ex: skin color, place of birth, what you believe in etc.) then keeping secrecy is smart while the society solves the other things. If you think secrecy is what protect I think it is taking a huge chance. Hatefull people around will make at some point a mess and can affect someone, secrecy or not.