Profit over People: Neoliberalism and Global Order
Encyclopedia
Profit Over People: Neoliberalism and Global Order is a 1999 book by Noam Chomsky
, published by Seven Stories Press
. It contains his critique of neoliberalism
.
He argues about the doctrines and the development of a pro-corporate system of economic and political policies that restrict the public arena and support private power. He also indicates the harmful effects of policies that are prescribed to poor countries from institutions such as the International Monetary Fund
, World Trade Organization
and the World Bank
.
Noam Chomsky
Avram Noam Chomsky is an American linguist, philosopher, cognitive scientist, and activist. He is an Institute Professor and Professor in the Department of Linguistics & Philosophy at MIT, where he has worked for over 50 years. Chomsky has been described as the "father of modern linguistics" and...
, published by Seven Stories Press
Seven Stories Press
Seven Stories Press is an independent publishing company. Located in New York City, the company was founded by editor Dan Simon in 1995 after he parted company with Four Walls Eight Windows. The company was named for its seven founding authors: Annie Ernaux, Gary Null, the estate of Nelson Algren,...
. It contains his critique of neoliberalism
Neoliberalism
Neoliberalism is a market-driven approach to economic and social policy based on neoclassical theories of economics that emphasizes the efficiency of private enterprise, liberalized trade and relatively open markets, and therefore seeks to maximize the role of the private sector in determining the...
.
He argues about the doctrines and the development of a pro-corporate system of economic and political policies that restrict the public arena and support private power. He also indicates the harmful effects of policies that are prescribed to poor countries from institutions such as the International Monetary Fund
International Monetary Fund
The International Monetary Fund is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world...
, World Trade Organization
World Trade Organization
The World Trade Organization is an organization that intends to supervise and liberalize international trade. The organization officially commenced on January 1, 1995 under the Marrakech Agreement, replacing the General Agreement on Tariffs and Trade , which commenced in 1948...
and the World Bank
World Bank
The World Bank is an international financial institution that provides loans to developing countries for capital programmes.The World Bank's official goal is the reduction of poverty...
.
See also
- Classical liberalismClassical liberalismClassical liberalism is the philosophy committed to the ideal of limited government, constitutionalism, rule of law, due process, and liberty of individuals including freedom of religion, speech, press, assembly, and free markets....
- Economic developmentEconomic developmentEconomic development generally refers to the sustained, concerted actions of policymakers and communities that promote the standard of living and economic health of a specific area...
- Globalisation
- Multilateral Agreement on InvestmentMultilateral Agreement on InvestmentThe Multilateral Agreement on Investment was a draft agreement negotiated between members of the Organisation for Economic Co-operation and Development in 1995–1998. Its ostensible purpose was to develop multilateral rules that would ensure international investment was governed in a more...
- North American Free Trade AgreementNorth American Free Trade AgreementThe North American Free Trade Agreement or NAFTA is an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement came into force on January 1, 1994. It superseded the Canada – United States Free Trade Agreement...
- Washington ConsensusWashington ConsensusThe term Washington Consensus was coined in 1989 by the economist John Williamson to describe a set of ten relatively specific economic policy prescriptions that he considered constituted the "standard" reform package promoted for crisis-wracked developing countries...
External links
- http://fading-hope.blog-city.com/reviews_of_profit_over_people.htm