Noam Chomsky - Refuting Devolution

Great video

Category:

News & Politics

Tags:

• Chomsky
• Socialism
• Marx
• Capitalism
• Libertarian
• devolution
• states

[patient0Studios]

You dont seem to realize that the UK iisn't a nationstate its an Empire.

[calvinjones]

chomsky always manages to stay on the facts rather than the theories...devolution does sound like a good idea but looking at all the facts it aint a good idea at present.

[JagjeetMann]

you people are missing the point, $1.50 compared to the wages, which are pretty low in the states and add to that this video was recorded perhaps more than a decade ago.

[Keinlicht]

@SUpersaiyajinjerkbag "It's already bad but I don't see how it could get worse" it can give them more rights

[SUpersaiyajinjerkbag]

I disagree. States like Tennessee are already giving more tax breaks (the biggest break there is). I don't see how devolution can do much more harm.

[PavedStones]

Haiti is one of the wealthiest place in the world by now, right?

Or allowing corporations to raise private armies- awesome idea! Please join the real world and leave your Austrian bubble

[PavedStones]

Like privatizing education, plenty of countries have that, like Haiti and in some parts of Africa- see how great it works. Haiti is practically anarcho-capitalist, the government barely provides public education, roads etc, doesn't provide any system of healthcare, fire department etc, even protection of property is largely left to the individual and private companies, the minimum wage is at $2 but not really enforced, hardly any other labor regulaton etc. A real Austrian paradise.

[PavedStones]

"Perhaps you should start listening to some of the Austrian Economist if you want to learn how things really work.."

Duh. How can you seriously say that? Anyone who can think his way out of a paper bag understands the Austrian school is totally divorced from reality. That's why no one outside of it takes it seriously. Just take a look at the countries that have the things they advocate and you will see why.

[PavedStones]

And if the states don't do all that, then the investors destroy the place with capital flight. It's like globalization but on a smaller scale.

[PavedStones]

bad labor regulation, low social, educational etc spending, etc etc. That's one thing, the other aspect is that to attract investors they will also have to compete for who's going to offer the most welfare for the rich, plenty of subsidies, advantages and protection for the rich, tightly business controlled governments, etc etc. This won't reduce tax either, it will just shift taxation i.e. less or no taxes for those who can pay them, and more taxes on working people.

[PavedStones]

"How can competition between states be a bad thing? Competing for the best working environment"

On the contrary. Think that capital has a high mobility while labor (people) do not. Which means that if there is unhindred capital flows between the states, they will all be in competition to attract capital... which means they will compete for who offers the *worst* working conditions for people. They will have to go towards low wages, low benefits, a submissive well disciplined workforce,...

[ykoshy]

subway's a dollar 50?? it's like £3 here in London for the sub of the day and if you get a cookie or something that its like £5!