Magazine article New Internationalist

[Profit over People: Neoliberalism & Global Order]

Magazine article New Internationalist

[Profit over People: Neoliberalism & Global Order]

Article excerpt

Noam Chomsky, scourge of unaccountable power and shoddy reasoning, has been harrying our imperious masters and their supine media claque for over four decades. His latest book, a collection of recent articles and lectures, confirms his continuing relevance as a debunker of 'free market' myths. The book's theme is the onward march of 'Neoliberalism', the doctrine of unfettered trade which uses the market to concentrate power and wealth in the hands of the unelected few and inexorably drive down living standards for the abject many. This philosophy -- 'capitalism with the gloves off -- sustains the gadarene dash towards globalism and the supremacy of the transnationals.

Chomsky brilliantly dissects neoliberalism's morally and intellectually barren rationale. The operating principle of 'state capitalism', observed in Clinton's US, Blair's Britain and various other vassal states, is epitomized in Oliver Goldsmith's phrase, 'laws grind the poor and rich men make the law'. The danger for democracy lies in the overweening power of the police of the new world order -- the IMF, The World Bank and so on. …

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