''Profit Over People: Neoliberalism and Global Order'' is a 1999 book by
Noam Chomsky
Avram Noam Chomsky (born December 7, 1928) is an American professor and public intellectual known for his work in linguistics, political activism, and social criticism. Sometimes called "the father of modern linguistics", Chomsky is also a ...
, published by
Seven Stories Press. It contains his critique of
neoliberalism
Neoliberalism is a political and economic ideology that advocates for free-market capitalism, which became dominant in policy-making from the late 20th century onward. The term has multiple, competing definitions, and is most often used pe ...
.
Chomsky argues that the
doctrines
Doctrine (from , meaning 'teaching, instruction') is a codification of beliefs or a body of teachings or instructions, taught principles or positions, as the essence of teachings in a given branch of knowledge or in a belief system. The etymolo ...
and development of a pro-corporate system, consisting of economic and political policies that restrict the public arena and support private power, acts essentially as a social hierarchy which places the drive for profit over the wider needs of the population. Moreover, Chomsky also indicates the harmful effects of policies that are prescribed to poor countries from institutions such as the
International Monetary Fund
The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...
,
World Trade Organization
The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...
and the
World Bank
The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...
.
See also
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Classical liberalism
Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics and civil liberties under the rule of law, with special emphasis on individual autonomy, limited governmen ...
*
Economic development
In economics, economic development (or economic and social development) is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and object ...
*
Globalization
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide. This is made possible by the reduction of barriers to international trade, th ...
*
Multilateral Agreement on Investment
The Multilateral Agreement on Investment (MAI) was a draft agreement negotiated in secret between members of the Organisation for Economic Co-operation and Development (OECD) between 1995 and 1998. It sought to establish a new body of universal inv ...
*
North American Free Trade Agreement
The North American Free Trade Agreement (, TLCAN; , ALÉNA), referred to colloquially in the Anglosphere as NAFTA, ( ) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America. The ...
*
Washington Consensus
The Washington Consensus is a set of ten economic policy prescriptions considered in the 1980s and 1990s to constitute the "standard" reform package promoted for Economic crisis, crisis-wracked developing country, developing countries by the Was ...
References
External links
*
Profit Over People: Neoliberalism and Global Order' MOBI
*
Profit Over People: Neoliberalism and Global Order' EPUB
*
A New Generation Draws the Line: Kosovo, East Timor and the Standards of the West'
*
Rogue States: The Rule of Force in World Affairs'
*
Latin America: From Colonization to Globalization'
1999 non-fiction books
Books about globalization
Books about multinational companies
Books by Noam Chomsky
Seven Stories Press books
Opposition to neoliberalism
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