In his book Profit Over People Noam Chomsky examines the dominant global political and economical trend - neoliberalism. Chomsky refers to this term as a doctrinal system of principles also known as the "Washington consensus". Chomsky defines it as "an array of market oriented principles designed by the government of the United States and the international financial institutions [...] and implemented by them in various ways - for the more vulnerable societies" (Chomsky 19). In other words, private interests of a small group of people are permitted to control the social life of masses in order to maximize their personal profit, "leaving the majority of people in misery" (Chomsky 27). Even if that small group is in one country, and the masses are in another one.
Chomsky also underlines that although this is the issue "of a great human significance", it is "not very well understood" (Chomsky 19). The term "neoliberalism" is largely unknown and unused, especially in the United States where it is characterized as free market policies. Which is interesting, considering the fact that the United States is the dominant power in that new global order.