Capitalism inherently prioritizes profits over people from "summary" of Profit Over People by Noam Chomsky
Capitalism, as it is practiced today, is driven by the relentless pursuit of profit. The profit motive is the driving force behind all decisions in a capitalist system. Companies exist to make money, and maximizing profits is their primary goal. This means that everything else - including the well-being of people - takes a back seat to the bottom line. In a capitalist society, workers are seen as a means to an end - a way to increase productivity and generate more profit. Their needs and desires are secondary to the goal of making money. This has led to a situation where workers are often exploited, underpaid, and overworked in the pursuit of higher profits for the capitalist class. The emphasis on profits also has implications for the environment. Capitalist enterprises prioritize short-term gains over long-term sustainability, leading to overexploitation of natural resources, pollution, and climate change. The drive for profit also leads to a relentless pursuit of growth, which is unsustainable on a finite planet. In a capitalist system, inequality is not only tolerated but also exacerbated. The pursuit of profit leads to the concentration of wealth in the hands of a few, while the majority struggle to make ends meet. This economic inequality has wide-ranging social consequences, including lack of access to healthcare, education, and other basic necessities. The prioritization of profits over people is not a choice that individual capitalists make; it is built into the system itself. Capitalism is inherently exploitative, and it cannot exist without prioritizing profits over the well-being of people. This is why many argue that capitalism is fundamentally incompatible with a truly just and equitable society.
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