Noam Chomsky: The Misuse of "Socialism"

The famous Noam Chomsky gives his opinion on the ideology of socialism as well as a nice briefing to those who think it is related to vodka and Russian people.

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[SonofCimmeria]

Actually, he does.

[saberswordsmen1]

@hihellohowareyou1000 Translation: I don't like other people's opinions, so they shouldn't be able to post them. Why don't you, uhm, just not read them?

[paulism1984]

@ShastaOrange Wouldn't that be cool for people learning the meaning of all of these words (libertarian, conversative, liberal, etc) to learn about the underlying meaning and implications of each one rather than referring to everyone as large groups? Like, what is the position of ALL liberals then that make them deny that big business could at fault for stuff?

[JRCrowley]

@LouieDaProtectionist Let me guess: You want George W. Bush back? lol

[JRCrowley]

@Nothiean Well, if we had to take a stab at quantifying what Chomsky knows vs. what you know, I'd say a safe guess would be that he knows around 1,450,983 times more than you. But that's just a guess off the top of my head, you know.

[ShastaOrange]

Hey look a libertarian sperging out with a dozen posts of objectively wrong BS and talking points just like every libertarian ever.

It's easier to get a Fundamentalist to find fault with the Bible than it is to get a libertarian to admit any business has ever been at fault for anything ever in the history of the world.

[dalriada842]

@LouieDaProtectionist All left-wing ideologies are the real BS. They are a mark of how maladapted human beings are to the current conditions. I expect the West to spiral down towards social and economic collapse, with our governments becoming more totalitarian as things deteriorate! Have you heard of the NDAA? Another ratcheting up of tyranny!

BTW Your channel says "Unregulated capitalism is corporatism." No it isn't! Corporatism is government and business in an incestuous relationship!

[dalriada842]

@LouieDaProtectionist In modern societies you need an economic system that harnesses people's selfish interests. That is free-market Capitalism. It's not as emotionally satisfying as Socialism, because it jibes with our innate instincts. But it maximises the benefit to the greatest number of people.

Are there losers in this? Of course, but those who care can get together with those of like mind, to give their time and money to help. There is no need to feed the beast of government! Continued.

[dalriada842]

@LouieDaProtectionist The collectivism at the heart of left-wing ideologies works well in a hunter-gatherer setting where everyone knows everyone else, and who is lazy, mean, dishonest etc. It doesn't scale to our large-scale societies where we don't know most other people. This leads to selfish behaviour, and the exploitation of strangers. Empowering the state leads to a feudal society with an elite of politicians and intellectuals, and a vast underclass in the role of serfs. ie the USSR. Cont.

[dalriada842]

@LouieDaProtectionist Wells Fargo had no sub-prime bad debts, but they were threatened with harsh regulatory treatment if they didn't comply. TARP gave the Federal government a huge amount of power over the banks. It was a form of extortion!

It was an empowered government that caused this crisis, not free-market Capitalism!

Noam Chomsky is correct to say the USSR wasn't a socialist state, at least in the fantasies of socialists. Real Socialism doesn't play out according to fantasies! Continued.

[dalriada842]

@LouieDaProtectionist The banking crisis was a failure of Socialism/Corporatism, not a failure of Capitalism. We don't live in a Capitalist system. The banks had their arms twisted, by government, to lend money to those who couldn't pay it back. The banks were accused of racism because many of the poor were ethnic minorities. When the bubble inevitably burst, they had their arms twisted again to accept TARP funds, including banks who weren't in trouble like Wells Fargo. Continued.