Chomsky On Neoliberalism: ‘Profit Goes To Apple And Microsoft, Not To The Taxpayer’

According to noted political philosopher and scholar Noam Chomsky, neoliberal politicians are hypocrites who prioritize corporate finances over both taxpayers’ well-being and their own economic principles.

In April, Chomsky sat down with Yanis Varoufakis, the former Greek finance minister and founder of the Democracy in Europe Movement, in a public conversation hosted by the New York Public Library.

Independent media site acTVism Munich released an excerpt from their one-hour dialogue on Tuesday. The first in a series of videos of the dialogue focuses on neoliberalism and how it’s shaped the modern world and global economy.

“One of the paradoxes of neoliberalism is that it’s not new and it’s not liberal,” said Chomsky, a professor of linguistics at MIT who is also well known as a scholar of global politics and economics.