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Chomsky on the economy

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Uploaded on Oct 21, 2008

More at http://therealnews.com/c.php?c=081001YT

Noam Chomsky: Current crisis demonstrates anti-democratic nature of financial system

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Top Comments

  • vahe stepanian

    The presidential election  MASK the DICTATORSHIP OF THE CLASS RULE.

    · 10

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    in reply to terrygand (Show the comment)
  • vahe stepanian

    A moneyless,classless,STATELESS world of human communities where we cooperate to take care of our needs and well being. Capitalism is the MARKET MEHANISM of artificial scarcity and employment system of wage slavey for the abstract process of CAPITAL ACUUMULATION and CONCENTRATION for the ruling elite.

    · 8

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    in reply to chrispollock (Show the comment)

All Comments (1,169)

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  • Skibum Willy

    In “Occupying Chairlifts” a simple rule tweak on inheritance ends up changing the direction and purpose of modern human life! Here’s a fair way to transition forward to where we’re rewarded for cooperating and creating instead of competing and conquering.

    It's something specific we can demand. If this isnt the best answer, at least we’re thinking about what might be. Are we really just this close to having it work right?

    Oh yeah, it's a Ski movie! “Occupying Chairlifts” on Youtube!

    ·

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  • B Charron

    I love your quote! You sound like my Armenian buddy Ara Stepanian. Are you the same dude? hehe!

    ·

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    in reply to vahe stepanian (Show the comment)
  • B Charron

    Chomsky says that US t bills is a safe play? REally? Is he f*&cking nuts? What about the risk of inflation eating away at the value of your money tied up in treasuries?

    ·

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  • chrispollock

    conquest? clearly you have no idea how free economies work daily to improve everyones lot. get a job, build a business, earn your keep and stop whining. most of us do and live great lifestyles in our wonderful free society. production is essential to the good life. if we retreat into that laziness worshipping mentality, we retreat from the progress made by the industrial revolution and the legacy that capitalism has created, one of unparalleled prosperity and freedom.

    ·

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    in reply to Rib Robber (Show the comment)
  • Rib Robber

    There is no way to earn your keep, there is only conquest. All those "productive and creative people" you're talking about are destroying the world, and the "irresponsible" people, with all their "luxuries," aren't hurting anyone. Most of them are starving or dying from disease and unpotable water. Life does not exist on a budget. It's a fallacy that "someone has to pay for it." Do you really think that production is the purpose of human existence? Do you think?

    ·

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    in reply to chrispollock (Show the comment)
  • Rib Robber

    Shut up, shitbag. No one understands economics--it's a social science, meaning not a "hard science," and is therefore based on assumptions and ideology. If someone has no money, they can't "demand" anything according to economics...according to economics, humans only have wants (and only humans with disposable income). It has nothing to do with reality. It's all apologist bullshit. You may as well say I can't talk about the human experience because I'm not a doctor of anthropology or psychology.

    ·

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    in reply to PrivateAckbar (Show the comment)
  • DavidByrne85

    I see.

    ·

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    in reply to PrivateAckbar (Show the comment)
  • PrivateAckbar

    Socialists called people like Bastiat, Turgot, and Say "reactionary" because he couldn't fault either their original economics, or their criticisms of socialism. Marx in fact never analysed economic science at all. He dismissed it in the same way all collectivists dismiss ideas; through polylogism. I was highlighting the fact that calling your comment reactionary wasn't simply Marxist cliche.

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    in reply to DavidByrne85 (Show the comment)
  • DavidByrne85

    Cool. Then don't reply. I'll just rereading your 'simple but devastating criticism' until I unpack all the 'content' you've encoded in it.

    ·

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    in reply to PrivateAckbar (Show the comment)
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