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Profit over People: Neoliberalism and Global Order
 
 
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Profit over People: Neoliberalism and Global Order [Hardcover]

Noam Chomsky (Author)
4.2 out of 5 stars  See all reviews (33 customer reviews)


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Book Description

December 4, 1998
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.
--This text refers to the Paperback edition.


Editorial Reviews

Review

• "Profit Over People is Noam Chomsky at his best. His critique of our political and economic system is brilliant and devastating. This is a powerful rush of facts and ideas. Don’t stand too close." --Howard Zinn --This text refers to the Kindle Edition edition.

About the Author

NOAM CHOMSKY is a professor in the Department of Linguistics and Philosophy at Massachusetts Institute of Technology. Chomsky has written and lectured widely on linguistics, philosophy, intellectual history, contemporary issues, international affairs and U.S. foreign policy. --This text refers to the Paperback edition.

Product Details

  • Hardcover: 175 pages
  • Publisher: Seven Stories Pr (December 4, 1998)
  • Language: English
  • ISBN-10: 1888363894
  • ISBN-13: 978-1888363890
  • Product Dimensions: 8.3 x 5.8 x 0.7 inches
  • Shipping Weight: 11.4 ounces
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (33 customer reviews)
  • Amazon Best Sellers Rank: #2,032,159 in Books (See Top 100 in Books)

More About the Author

Noam Chomsky is Institute Professor in the Department of Linguistics and Philosophy at the Massachusetts Institute of Technology, Boston. A member of the American Academy of Science, he has published widely in both linguistics and current affairs. His books include At War with Asia, Towards a New Cold War, Fateful Triangle: The U. S., Israel and the Palestinians, Necessary Illusions, Hegemony or Survival, Deterring Democracy, Failed States: The Abuse of Power and the Assault on Democracy and Manufacturing Consent: The Political Economy of the Mass Media.

 

Customer Reviews

33 Reviews
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Average Customer Review
4.2 out of 5 stars (33 customer reviews)
 
 
 
 
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169 of 172 people found the following review helpful:
5.0 out of 5 stars Pay Attention or Pay the Price, March 10, 2002
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This book begins with a very fine introduction by Robert McChesney, who defines neoliberalism as an economic paradigm that leaves a small number of private parties in control and able to maximize their profit (at the expense of the people). He goes on to note that a distracted or apathetic or depoliticized public essentially "goes along" with this, resulting in the loss of community and the rise of consumerism.

Chomsky himself, over the course of 167 pages, points out the damages of neo-liberalism (public abdicating power to corporations), not just to underdeveloped nations and their peoples, but to the American people themselves, who are suffering, today, from a fifteen year decline in education, health, and increased inequality between the richest and the poorest.

Over the course of several chapters, he discusses various U.S. policies, including the U.S. policy of using "security" as a pretext for subsidizing the transfer of taxpayer funds to major arms dealers. The declaration of Cuba as a threat to U.S. national security is one that Mexico could not support--as one of their diplomats explained at the time: "if we publicly declare that Cuba is a threat to our security, forty million Mexicans will die laughing."

At the end of it all, Chomsky comes down to the simple matter of protecting both civilization and the civilians from their own governments in cahoots with corporations. His observations on the deaths by disease, starvation, and so on, at the same time that billions are being spent on arms which perpetuate the cycles of violence, are relevant. So also are his observations on the dramatic increase in both the extent and the damages caused by increasingly unregulated financial markets. He singles out the Multilateral Agreement on Investment (MAI) as an especially pernicious organization whose machinations are invisible to the public and harmful as well.

I note with interest a review of this book that seeks to call Chomsky a liar, uninformed, and a laughingstock among "serious" scholars. I wish to address that point of view kindly. I can understand, when scholarship consists largely of going through the motions, reading a limited number of works, and answering by rote with the prescribed thought, how so many of our allegedly educated people in business and government are simply socially tuned in. I have myself come to the conclusion that Washington runs on 2% of the available international information (and is largely witless about the 75% or so that is in foreign languages), and I also agree with Howard Bloom's observation in Global Brain: The Evolution of Mass Mind from the Big Bang to the 21st Century, to wit, that half one's brain cells are killed off by the time one is an adult, due to normal biological adjustments to accommodate the prescribed social, cultural, and intellectual parameters that are demanded if one is to "get along." In that light, I view Chomsky as one of our more important vaccinations against premature stupidity among our loosely-educated adult policymakers. For myself, with considerable reading and a 25-year national security career behind me, I find that while Chomsky is repetitious, he is generally meticulous about foot-noting (something that cannot be said for the lazy authors residing in most think tanks, all of them being paid to think along very specifically prescribed directions).

The bottom line for me is clear: citizens must read and think, or perish from the earth as slaves to those who control money. There is only one thing that matters more than money in this world, and that is the vote. In a representative democracy, the vote can be bought with ease *until* the moment comes when citizens realize that they can combine the use of public sources to reach conclusions (open source intelligence) with self-organization via the Internet, with civil action (cyber-advocacy, street-advocacy, communication and voting) to *take back the power.* It is not terrorism that scares the corporate carpetbaggers, it is something much more powerful: thinking citizens willing to spend the time keeping their corporate servants in line.

Chomsky has labored for over fifty years to keep that part of our brain alive that our schools, seeking to train obedient factory workers, have worked so hard to kill. It can be disheartening, to see citizens so freely give up their rights and their powers, but I do believe, that with the The Radical Center: The Future of American Politics (Halstead and Lind), The Cultural Creatives: How 50 Million People Are Changing the World (Rya and Anderson) and other books I have reviewed, there is, without question, a tipping point. The Internet has changed everything-now we need for the people to notice, and act. Chomsky sheds light in a way that no prostituted scholar or preppy business acolyte will respect-but if the workers wish to begin reading for the future salvation of their children's rights, Chomsky is as good a place as any from which to step off into true democracy.

See also:
The Manufacture Of Evil: Ethics, Evolution, and the Industrial System
The Shock Doctrine: The Rise of Disaster Capitalism
Screwed: The Undeclared War Against the Middle Class - And What We Can Do about It (BK Currents (Paperback))
The Working Poor: Invisible in America
The Global Class War: How America's Bipartisan Elite Lost Our Future - and What It Will Take to Win It Back
The Corporation: The Pathological Pursuit of Profit and Power
The People's Business: Controlling Corporations and Restoring Democracy
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29 of 29 people found the following review helpful:
5.0 out of 5 stars It'll make you think and it'll make you act, July 14, 1999
By A Customer
This isn't the type of reporting you want to hear, but it is the type of reporting you must hear if you believe in the democratic ideals this country was founded upon. Some might find something wrong with whistleblowing, but if you don't and you're not afraid to confront some disturbing truths, then grab this book and read it and think about how you can change this world. There must be something seriously disturbing in Chomsky's writing to the right wing to provoke such truth twisting and distortion in order to attempt to discredit Chomsky. If you want to know what they're afraid of, read this book (or any of Dr. Chomsky's other books, for that matter!
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77 of 87 people found the following review helpful:
4.0 out of 5 stars Chomsky's damning disection of global capitalism, February 18, 2000
Chomsky's "Profit over People" is a careful and thought provoking (not to mention exhaustive) examination of the ultimate goals of the world of private business: profit, power, and the maintance of the status quo and the class system at any cost. If that cost is to be paid in human lives and soles, (as in East Timor and elsewhere); so be it. Of particular interest in this work by Chomsky are the sections in which he examines the recent changes from 'real' business, viz., business linked to production etc., to modern 'speculative' business, i.e, gamblers buying and selling foreign currencies etc., and the effect this has had (and will continue to have) on a global economy obsessed with nothing but profit, profit, and more profit.

Do yourself a favour and read this book. Forget Clancy, Archer, etc. That's released on to the market simply to distract the peasants of society (i.e. non-millionaires). Read instead Chomsky, Herman, Orwell, Wells, Said, Huxley, et al. Gain an insight into how much harm we, as citizens of democratic societies, are inflicting on the Third World. In addition, ponder on why you have not seen this (or any other) book by Chomsky reviewed in the main stream press. If Professor Chomsky's observations and views are as easy to dismiss as his critics would have us believe, why don't they?

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Inside This Book (learn more)
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First Sentence:
Neoliberalism is the defining political economic paradigm of our time-it refers to the policies and processes whereby a relative handful of private interests are permitted to control as much as possible of social life in order to maximize their personal profit. Read the first page
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
consent without consent, free market doctrine, domestic constituencies
Key Phrases - Capitalized Phrases (CAPs): (learn more)
United States, Latin America, Noam Chomsky, World Bank, Wall Street Journal, South End, Financial Times, World War, Adam Smith, Business Week, Multilateral Agreement, New York Times, South Africa, World Trade Organization, Foreign Affairs, Boston Globe, David Sanger, Miami Herald, New Republic, Reagan Administration, South America, State Department, Bretton Woods, Deterring Democracy, General Assembly
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