Chomsky: "profit is less important [to big business] than blocking workers' control"

[13stevejohnson]

ALEX JONES RULES! THE 2ND COMING WILL HAPPEN! FUCK ALL LIBERALS!

[IshakElias]

@13stevejohnson The Nazis said the same thing.

[13stevejohnson]

@IshakElias im kidding dude... lol

[danielskipp1]

I agree with Chomsky here even though I loath him for being a blatant shill for the Pentagon and the NWO... an easily googleable fact that seems to evade the majority of leftwingers. SAD. Chomsky thinks JFK was killed by Oswald! That 911 is not worth investigating! He is a freaking Marxist and a shill for the System that uses both Right and Left... while he masqerades as an Anarchist.

His linguistic theory was dogmatic, reductionist, evil bullshit, disproven and the only reason he is famous.

[irishjuwan]

@danielskipp1 you can disagree with chomsky on any topic u wish... but to assert the notion that he is some kind of "shill' for anyone only illuminates your utter ignorance... how many book of his have u actually read? do me a favor, stick to being "enlightened" by your community college dropout, alex jones....... he tells you that Chomsky is a shill and u believe him------ who is the shill?? stop believing what your told, pick up a book, turn off the radio...

[rrp1973]

@danielskipp1 Chomsky is a shill for the pentagon? huh

[nomis101uk]

@danielskipp1 Congratulations. You're a lunatic. How's that working out for you?

[danielskipp1]

@nomis101uk

It's true, I love the Moon. Maybe you could pay it some real attention some time.

As for u, commiserations...

You are an ignorant retard. I don't need to or care to ask how that is for you.

Naturally you can not contest anything I said because it is is all easily verifiable. So I take you are so stupid or also pathologically dishonest that you think the the "truth" of the Govt. 911 investigation is not worth challenging?

You Chomksy-lovers are all so arrogant it makes me sick.

[TheMutualEgo1]

I am not a communist, I am a mutualist.

[TheMutualEgo1]

This is why control is more important than profits at times. Control of the production process deskills labor and makes us incapable of taking control of our lives in any social realm, not just economically speaking, but politically and culturally.

[TheMutualEgo1]

This is no longer the robber baron capitalism of the 19th century. The plutocrats of today are no longer a small group of super rich with lose social ties with primarily local and state governments. This is the corporate capitalism of the 20th century where the rulling class and plutocratic apparatus is mainly the managerial bureaucracy. Shareholders still play a part, but they lack the organizational influence shared with the statocracy that management maintains. Marx's class theory was wrong.

[tom6612]

Very very important video here. Many thanks for posting it. Disney is another good example of the illogical and unprofitable actions taken by an owner because of his overwhelming need to CONTROL.

There are a lot of sick people in positions of power. Matter of fact that sickness is often is what causes them to excel at business and acquisition of power and money.

The so called "winners" are often not the best people.

[dubified89]

@tom6612 for sure. That's why a system with no limits for accumulation of wealth is so dangerous

[tom6612]

@dubified89 -- There is another Chomsky video where he says the problem is that a system based on maximizing self interest is a self destructing system.

It's a philosophy that builds more and more instability into the larger society. If you ran your family that way you wouldn't have a family for very long.

[DenisRancourt]

I think David F. Noble made this point first, in his book "America by design".

[MartinJWillett]

I love his huge list of dates and names, first class evidence and no mistake.

[BranVan10k]

uh. a corporation may have a thousand different reasons as for why they're not selling their factory to the workers. the reason syndicated factories are rare is they're not efficient at producing goods and destroyed by the competition... not because they've been blacklisted at the annual Evil Capitalist Conference at the Trump Tower.

[tokotokotoko3]

@BranVan10k Hm, why would the seller of the factory care if the buyer doesn't produce efficient? That's no reason not to sell.

[spartan2600]

@BranVan10k Dozens of worker-run factories are running right now, that fly in the face of your assertions. Brukman, Zanon Ceramics to name just a couple. Where I live, Madison Wisconsin, we have Union Cab which is another worker-run cooperative. It should be obvious, but its important remember that profits are 100% inefficient and useless waste. When a factory doesn't have the burden of profit, it can run much more efficiently, democratically, and humanely.

[PavedStones]

@BranVan10k Cooperative companies often work very well and very efficiently. In Spain there's something called the Mondragon Cooperative Corporation: all the stock is owned by the 70,000 employees on an egualitarian basis and it's been working for about 50 years. Management is elected democratically.

[PavedStones]

For this type of companies job destruction is the last thing they'd consider, they're very careful about the environment, go at great length to improve life in the local communities, they won't lobby the government for war etc etc etc. Why? Because here production is controlled by the common man, not by the top 2% of the population who control the large majority of countries' financial assets and would gladly destroy the world if it increases return on capital.

[PavedStones]

That said, when you sell something, what do you care about whether the buyer will use it efficiently or not? The seller only wants the money, not making sure other companies are efficient!

[ryinski2]

A similar thing happens in "who killed the electric guitar?" except there they were blocking oil alternatives as opposed to societal alternatives. Either way this should not be controversial, the fact that people in power and captains of industry don't want to play fair and openly is one of the worst kept secrets ever.

[ryinski2]

@ryinski2 That should read "car" not "guitar". I'm surrounded by musical equipment at the moment. :P

[nightpotato]

Chomsky said it so it must be true... Citation please.

[DanaGarrett]

Chomsky hits the nail on the head once again.

[MartinJWillett]

@DanaGarrett How? Naked assertion without the tiniest shred of evidence.

[mauroprovatos]

awesome.

raw video for subbing?

or the video/documentary/interview of which it's an excerpt.

[kurtilein3]

... continued

it is controversial, because until recently that railroad system was controlled by the government and has only recently been privatized into that railroad company, so the old equipment has been paid for earlier by tax money, and selling it instead of destroying it is not just plainly more rational, some competition would be better for the people. but the company just keeps doing it, old equipment that is still good is destroyed so potential competitors dont get their hands on it.

[666norton420]

@kurtilein3 sup kurt! hope you're well.

still making sense i see.....

;d

[kurtilein3]

there are examples. here in germany, the railroad company that has a de facto monopoly, they destroy locomotives and other railways vehicles instead of selling them. the potential buyers complain in the media and say they would be willing to buy, but there is nothing they can do. the market is so tight that small competitors, which do things like local public transportation or logistics and arent really a threat to the big one, are often forced to buy new ones. and those are really expensive.

[thankqwerty]

That one quote is not enough to convince me really. Do you have the full reference?

[Sepero1]

@thankqwerty

It's good to see some people still have a brain.

They don't sell to workers in the same instances they wouldn't sell to another company. Because selling in this instance inevitably creates their own competition. And unless they get a VERY high price (from the workers or another company), it's more profitable to shut the business down. If Chomsky understood competition, he wouldn't say such nonsense.

[gedgetips]

Yes, I have experienced this type of thing many times, altho not in the context of an employee buy-out. Part of what is going on is that the desire for power and control can be much stronger than profit, as profit is in some ways a "cost of doing business" (P.Drucker) where growth of influence and maintaining control is a primary concern. Also, top managers may not differ much in income themselves if the company profit goes up or down by 32.8%, etc.

[sexdrugsRnR]

too weird.. i cant think of any examples of this happening though..

[spartan2600]

@sexdrugsRnR US Steel closing the mills in Yougstown Ohio back in the 70's.

[CaptainBluebear08]

Yes the dickheads & fatcats learned alot since Lenin

[Ilikenuman]

wow... quite a quote