Profit over People : Neoliberalism and Global Orderby Noam Chomsky
Pub. Date: 07/28/2003
Publisher: Seven Stories Press
Why is the Atlantic slowly filling with crude petroleum, threatening a millions-of-years-old ecological balance? Why did traders at prominent banks take high-risk gambles with the money entrusted to them by hundreds of thousands of clients around the world, expanding and leveraging their investments to the point that failure led to a global financial crisis that
Why is the Atlantic slowly filling with crude petroleum, threatening a millions-of-years-old ecological balance? Why did traders at prominent banks take high-risk gambles with the money entrusted to them by hundreds of thousands of clients around the world, expanding and leveraging their investments to the point that failure led to a global financial crisis that left millions of people jobless and hundreds of cities economically devastated? Why would the world's most powerful military spend ten years fighting an enemy that presents no direct threat to secure resources for corporations?
The culprit in all cases is neoliberal ideology—the belief in the supremacy of "free" markets to drive and govern human affairs. And in the years since the initial publication of Noam Chomsky's Profit Over People: Neoliberalism and Global Order, the bitter vines of neoliberalism have only twisted themselves further into the world economy, obliterating the public’s voice in public affairs and substituting the bottom line in place of people’s basic obligation to care for one another as ends in themselves. In Profit Over People, Chomsky reveals the roots of the present crisis, tracing the history of neoliberalism through an incisive analysis of free trade agreements of the 1990s, the World Trade Organization, and the International Monetary Fund—and describes the movements of resistance to the increasing interference by the private sector in global affairs.
In the years since the initial publication of Profit Over People, the stakes have only risen. Now more than ever, Profit Over People is one of the key texts explaining how the crisis facing us operates—and how, through Chomsky’s analysis of resistance, we may find an escape from the closing net.
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Chomsky basically tells readers that democracy has changed enormously from a public meaning of so called “freedom”. The people in our country are being fooled by the government because the government is really ran by big corporations. Companies that fund politicians and use them and the government for personal benefits. Also our corrupt country is using other countries for free market and personal gain for an agenda that they specifically want, and lose their way through democracy. This changed “freedom” to a chopped down version that the people who have control are the wealthy and the people beneath them have a lesser chance to be heard and have thing go their way.
I had to read this book for Economics class in High School. Even though, it was a hard read I believe it was eyeopening in how the book emphasized the effects that different doctrines and systems of economic and political policies have taken advantage of the people and has created a form of corruption.
I had to read this book for my economics class as a senior in high school and it was an interesting read. It definitely did provide some insight into the American government and how the economy works. It is an older book, and it kind of reinforces the movement taking place today known as the occupy movement. This was a very hard read and I would not recommend it unless you have time to sit down distraction free and completely comprehend the book. -Cayman H.
so eyeopening, and it made me want to do more research on the US Government and how it's actually run. The introduction is very complementing and readies you for what you're about to read. Don't always believe what you hear
Good book because it was eye opening of the Global order. The quoting of many people was weird and made the book words of other people instead of his
The title says it all- "Profit over People." We live in a society where the interests of the privileged few are far more important than the enlightening of the masses, where the "rascal multitude" is kept in dark concerning decisions that will affect them because they might be active and do what they are supposed to do - be active and pressure their politicians. This is what Chomsky proves in "Profit over People," not through philosophizing in thin air, but through proof of what the minority of the opulent have done and project to do.
Chomsky's Profit Over People is an insightful and at times shocking analysis of the true motives and practices of multinational corporations and the government economic policies they operate within. Chomsky spares no time in hammering his message against the concentration of power in the hands of the few through the use of several detailed case studies. As a student of economics and finance at Oklahoma State University, this book caused me to step back and question the very foundation of Smith's free market theory which has comprised my studies thus far. As a reader, I became disgusted by the prospect of private interests having the ability to manipulate the world economy, government policy, and the supposedly 'free' press to serve their own greed-driven interests while watching the masses suffer. Although this book succeeded tremendously in causing me to question my own assumptions and encouraged me to stand for a change, it left me wondering how to go about doing so. I feel the book could be strengthened tremendously if Chomsky had included a true conclusion in which he provides a means for change to compliment his call to arms.
Norm Chomsky accurately describes the contradiction of lassie fair markets and massive government subsidies. But he ignores that these subsidies are remnants of failed collectivist policies that he consequently champions. I suggest reading Mr. Chomsky in conjunction with folks like Brink Lindsey ¿Against The Dead Hand¿.