The rise of neoliberalism has eroded social safety nets and workers' rights from "summary" of Profit Over People by Noam Chomsky
Neoliberalism has emerged as the dominant economic ideology of our time, shaped by a fervent belief in the virtues of the free market. This ideology has led to a series of policies that prioritize corporate profits over the well-being of people. As a result, social safety nets that once protected vulnerable members of society have been systematically dismantled. Workers' rights have also been eroded under the neoliberal agenda. The push for deregulation and privatization has weakened labor unions and undermined collective bargaining power. This has left workers at the mercy of employers who prioritize profits above all else. As a result, wages have stagnated, job security has diminished, and working conditions have deteriorated. The neoliberal assault on social safety nets and w...
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