Neoliberal policies prioritize profit over social welfare from "summary" of Profit Over People by Noam Chomsky
Neoliberal policies, as implemented by powerful institutions and states, are designed to prioritize the interests of profit-seeking investors over the well-being of the general population. This fundamental principle lies at the core of neoliberal ideology, which seeks to promote the unrestricted operation of markets and the diminishment of state intervention in economic affairs. In practice, this means that policies are crafted to maximize corporate profits and enhance the wealth of the elite, often at the expense of ordinary people. The logic of neoliberalism dictates that the pursuit of profit is the most efficient and effective means of achieving societal progress and prosperity. This belief is deeply ingrained in the neoliberal worldview, which posits that market forces, left to operate without interference, will generate optimal outcomes for all members of society. However, this assertion overlooks the inherent inequalities and power imbalances that characterize capitalist economies, where wealth and resources are concentrated in the hands of a select few. The elevation of profit above all other considerations has profound implicatio...
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