Milton Friedman in his book Capitalism and Freedom (1962) assume that private ownership into something absolute. The only responsibility of the company is simply to accumulate private profit as much as possible with all available resources. In neoliberalism, there is no social responsibility for the company for the welfare of society (Deliarnov, 2006: 165). According to this ideology, the market is a very effective instrument to promote the good of everyone. The common good in this doctrine is obtained through the summation of the greatest good of individuals (Eppler, 2009: 133).
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Ideology of neoliberalism can be said that anti-state ideology. However, this does not mean neoliberalism want to eliminate the government power at all. Government retained to perform a task as "watch dog" or a guard dog (Deliarnov, 2006: 169). In the perspective of neo-liberal, market mechanisms should run without restrictions or laws at all. The existence of competition between individuals, between businessmen, inter-group area is beneficial. However, when the rules of the neoliberal goes wrong then the state can use its power to create or enforce the system to restore balance to the market and individual freedom. Neoliberal state must continually innovate in order to compete with other countries in the global market (Harvey, 2007: 65).
The government's role is limited to the neo-liberal concept of creating a regulatory framework to ensure the neoliberal practice is going well. The government is obliged to create a framework in which individuals can work and pursue their respective goals. The government does not have the responsibility for ensuring the general welfare (Deliarnov, 2006: 168). In addition, the government has the additional task to develop new techniques and to control the people, without any responsibility to the people (Deliarnov, 2006: 169).
Neoliberalism has an interesting vision of the human being as homo oeconomicus assumption. The concept of homo oeconomicus widely extended to apply to all dimensions of human life and made the organizing principle of the whole society. This has become a major aspect of the neoliberal economic distinguishing classical liberal economics. Gary Becker in The Economic Approach to Human Behavior (1976) explained that the economic approach provides a universal framework for understanding all human behavior. This perspective develops a hierarchy of priorities oeconomicus. Priority financial sector (financial capital) on other sectors of the economy. This perspective led to a revolution in the sector of financial products virtually, such as derivatives, securities, and others (www.unisosdem.org, accessed on 15/04/2012).
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