August 23, 1995 http://www.amazon.com/gp/redirect.html?ie=UTF8&location=http%3A%2F%2Fwww.... Watch the full speech: http://thefilmarchived.blogspot.com/2010/09/noam-chomsky-on-peacemakers-profi...
Adam Smith (baptised 16 June 1723 -- died 17 July 1790 [OS: 5 June 1723 -- 17 July 1790]) was a Scottish moral philosopher and a pioneer of political economics. One of the key figures of the Scottish Enlightenment, Smith is the author of The Theory of Moral Sentiments and An Inquiry into the Nature and Causes of the Wealth of Nations. The latter, usually abbreviated as The Wealth of Nations, is considered his magnum opus and the first modern work of economics. Smith is widely cited as the father of modern economics.
Smith studied moral philosophy at the University of Glasgow and the University of Oxford. After graduating, he delivered a successful series of public lectures at Edinburgh, leading him to collaborate with David Hume during the Scottish Enlightenment. Smith obtained a professorship at Glasgow teaching moral philosophy, and during this time he wrote and published The Theory of Moral Sentiments. In his later life, he took a tutoring position that allowed him to travel throughout Europe, where he met other intellectual leaders of his day. Smith returned home and spent the next ten years writing The Wealth of Nations, publishing it in 1776. He died in 1790.
Noam Chomsky has argued that several aspects of Smith's thought have been misrepresented and falsified by contemporary ideology, including Smith's reasons for supporting markets and Smith's views on corporations. Chomsky argues that Smith supported markets in the belief that they would lead to equality, and that Smith opposed wage labor and corporations. Economic historians such as Jacob Viner regard Smith as a strong advocate of free markets and limited government (what Smith called "natural liberty") but not as a dogmatic supporter of laissez-faire.
James Madison, Jr. (March 16, 1751 -- June 28, 1836) was an American politician and political philosopher who served as the fourth President of the United States (1809--1817) and is considered one of the Founding Fathers of the United States.
He was the principal author of the US Constitution, and is often called the "Father of the Constitution". In 1788, he wrote over a third of the Federalist Papers, the most influential commentary on the Constitution. The first president to have served in the United States Congress, he was a leader in the 1st United States Congress, drafting many basic laws, and was responsible for the first ten amendments to the Constitution and thus is also known as the "Father of the Bill of Rights." As a political theorist, Madison's most distinctive belief was that the new republic needed checks and balances to protect individual rights from the tyranny of the majority.
As leader in the House of Representatives, Madison worked closely with President George Washington to organize the new federal government. Breaking with Treasury Secretary Alexander Hamilton in 1791, Madison and Thomas Jefferson organized what they called the Republican Party (later called the Democratic-Republican Party) in opposition to key policies of the Federalists, especially the national bank and the Jay Treaty. He secretly co-authored, along with Thomas Jefferson, the Kentucky and Virginia Resolutions in 1798 to protest the Alien and Sedition Acts.
As Jefferson's Secretary of State (1801--1809), Madison supervised the Louisiana Purchase, doubling the nation's size, and sponsored the ill-fated Embargo Act of 1807. As president, he led the poorly prepared nation into the War of 1812 against Great Britain. A series of disasters at the beginning of the war damaged his reputation, but by 1814--15 American forces repulsed major British invasions, the Federalist opposition fell into disarray, and Americans felt triumphant at the end of the war. During and after the war, Madison reversed many of his positions. By 1815, he supported the creation of the second National Bank, a strong military, and a high tariff to protect the new factories opened during the war.
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the first priority of government must be to protect the minority of the opulent against the majority?
calientemanana 1 month ago
good stuff!
4EyedGav 1 month ago
Sometimes, through the talk, I needed to check that this talk was in 1995: it seemed to me that he was speaking of the current (early 2000´s) financial crisis all the time!
Burdell22000 11 months ago
America is based on a lie
ThelovemovementCP 1 year ago
Where did the 2nd part go?!
LothairApoclyane 1 year ago
turn it up
jakiner 1 year ago
@easyeasy900 really? i had no problems listening.
Peaceinthehorn 1 year ago
@Peaceinthehorn
Right, I can't hear him.
easyeasy900 1 year ago
@easyeasy900 quiet??
Peaceinthehorn 1 year ago
Too quiet
easyeasy900 1 year ago