Re: The Federal Reserve is a PUBLIC bank

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Uploaded by on Mar 3, 2008

Part 1 of a response to Luke12000

Thanks to a kind YT friend, you can find Noam Chomsky's talk on NAFTA here:

http://www.youtube.com/user/jianenohashi

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Nonprofits & Activism

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  • likes, 6 dislikes

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Uploader Comments (buddhagem)

  • Way to attack Luke's position on Chomsky, not his position on what we're talking about.

  • Well it's hard to take a guy serious when on the one hand he's bemoaning the misuse of language and on the other hand he's calling one of the most famous Anarchists in the world a statist. Where is the consistency? And then don't even get me started on the "everything is synonymous with free market" nonsense. I actually like Luke but he's very mixed up about things.

  • how on earth does one come to the conclusion that noam chomsky is a statist?

  • By studiously avoiding anything the man has written or said over the last 50 years.

  • In fact in the recording 'Chomsky on Anarchism' he even states "I'm not an anarchist I'm just along with them for the ride" or something like that

  • @dubified89 You might try listening better next time. Chomsky doesn't say and has never said, "I'm not an anarchist, I'm just along with them for the ride." He points out that he's not an anarchist thinker; that is he hasn't contributed much in the way to anarchist theory and practice. But he does consider himself a fellow traveler. And he's made it very clear that he considers himself an anarchist.

Top Comments

  • i've been watching Luke's videos and trying to understand the market anarchist logic but many of their claims are so unsubstantiated (by historical analysis, for instance) and their language so convoluted that i think they even confound themselves.

  • lol, you get a little passionate, I love it!

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  • @clintcastle

    (continued)

    . . . meaning they can use it any way they want for their business as long as the terms of the agreed contract aren't broken. If they are, then the property is repossessed and reverts to common ownership.

    The confederation of democratically self-governing communities could decide through joint negotiation what goes on in the economy and how a theoretical market and the enterprises within it would operate.

    A state would be antithetical to this process.

  • @clintcastle

    I know your comment is 3 months old, but I say that no-one else seemed willing to answer it and it does warrant an explanation.

    In most forms of lib-soc, the means of production of the economy are held in common ownership and then allocated by each self-governing community to any individual or group who wants to start an enterprise.

    The productive property they are alloted is leased to them on long-term negotiated contract according to usufruct rights . . .

  • I dont understand libertarian socialism. Who is going to enforce whether a market will operate for profit or not for profit? What is to stop a capitalist system from forming within the system? The state?

  • In almost every video or audio of Chomsky I watch or listen to he advocates empowering the state in one way or another. He's definately not an anarchist

  • lol@chomsky statist, kid must be new

    Luke, when Alan Greyson questioned the fed's general counsel in September he asked the general counsel (Alvarez) if he would object to legislation allowing the GAO to audit the fed. The general counsel responded "the GAO audits government agencies, and you want to audit a private entity, that's something that congress would have to change the authority of the GAO to allow"

  • Lukes video is a private tyranny! Wtf?

  • lol. buddhagem. you're the man. this jacked up albertan can't ditch his provincial propaganda.

  • The "free market" means the peaceful and voluntary interactions between people, generally associated with those interactions which are not based on love. This covers concepts such as "voluntary association" and "private enterprises" (so long as they're voluntary & peaceful).

    Obviously, the current system is not "free market".

    It is appropriate for Rothbard to call his system "anarchist". He wanted no government. For left-anarchiss, the question remains -- how will you stop the market?

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