Neoliberal capitalism perpetuates global domination and exploitation from "summary" of Profit Over People by Noam Chomsky
Noam Chomsky argues that the neoliberal capitalist system creates and maintains a global hierarchy where a small group of powerful countries and corporations dominate and exploit the rest of the world. This system is based on the principle of maximizing profits at all costs, even if it means disregarding the well-being of people and the environment. The neoliberal agenda promotes deregulation, privatization, and free trade, which allows multinational corporations to operate with little to no oversight. This lack of regulation enables these corporations to exploit cheap labor and resources in developing countries, leading to the exploitation and impoverishment of local populations. The global dominance of neoliberal capitalism is further perpetuated through institu...
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