Free Market Fantasies by Noam Chomsky 5/5

Pentazoid111 Says:

Jul 29, 2009 - He says corporations are greedy: well so are other entities , like small businesses, the consumers who buy goods and services at these small businesses and coporations; and of course , the government is greedy for wanting more rules , scientists are greedy for wanting more knowledge; the athletic for wanting to be a more skilled athlete Businesspeople don't have a monopoly on greed ; I have people who have the power to restrict these desires and the only entity who has that power is the govt.

MrXfromPlanetX Says:

Aug 27, 2009 - The only problem is the Corporations control the government. They also manipulate the opinions of average people using the media. Check out the book Propaganda by Edward Bernays originally published in 1928:"The minority has discovered a powerful help in influencing majorities. It has been found possible so to mold the mind of the masses desired direction. In the present structure of society, this practice in inevitable."He was trying to sell people on the idea

demik027 Says:

Oct 16, 2009 - im having a hard time trying to understand your argument. it is widely know that if not all most human institutions have ingrain qualities because humans created them. it sound to me that you would preffer the lesser of two evils which in this case is human nature or motive vs mindless submission to power. a human mind shape out of this regressive thinking, by my definition is mostly shaped by the capitalist impose conditions to our environment

jakiner Says:

Oct 17, 2009 - i agree with you in a way Pentazoid111... individuals do have the power to resist greed. However, corporations don't have this power because Unions have been smashed since the 1920's.

YankeeTom63 Says:

Nov 9, 2009 - Those were dictatorships / fascist in nature. Chomsky is a Libertarian Socialist. Your use to Corporate entities owning your government and setting the agenda, Noam Chomsky wants you to have a share of ownership and government to Liston to you. That means personal Liberty from Government AND Big Business!

YankeeTom63 Says:

Nov 9, 2009 - Don't believe me? Look at governments in the Netherlands , Switzerland, Iceland, Look at worker rights in France , Germany.

bapyou Says:

Nov 19, 2009 - The thirst for knowledge and the greed for money are the same thing? You're a sick asshole.

enomarekim Says:

Feb 25, 2010 - Whoever owns the mill will eventually hire someone else to work for them. There is no way to stop this. If the workers hate not owning the factories, why don't the unions pool money and buy the factories? Then the workers could vote for who runs the companies. Or does the government protects the company owners. Either way, this will become irrelevant when robots replace all manual labor.

lordblazer Says:

Mar 1, 2010 - lol HK isn't slipping because it has a strong tradition as being an international HUB. MAny expats live in that city and many people of different nationalities live there.. Of course one thing you have to know is there is still some form of regulation done in the HK or else the whole thing does truly fall apart. Also the HK has quite a few social problems that are welll hidden even when they were under British rule as a colony until 1997.

chuckiepoo222 Says:

Jun 1, 2010 - i play wif my dick

BobSlydell100 Says:

Aug 27, 2010 - Just listened to the whole thing. He could not be more right.

mooktank Says:

Oct 1, 2010 - "By 1995, 5% of capital transactions represented real economic activity, while 95% were merely speculation." Big problems here.

highwaymaen Says:

Oct 20, 2010 - Abuse of power: If humanity is not willing to accept slavery -- it is condemned to die of thirst, and starvation...

37Dionysos Says:

Apr 15, 2011 - Have to repeat my thanks for posting this talk, have come back to it a lot. NC's view that a corporation is just an instrument for intervening in actually-free markets to increase profit rings true for me as an historian. Early Modern capitalism and its corporations (or, the grouped bodies of European aristocrats) financed the conquest of Native America and its (incorrect delusion of) empty land and limitless wealth. So we still see this delusion---Profit, No Limits, No Consequences. Psychosis.

DystopianEmpire01 Says:

May 12, 2011 - @enomarekim 1. The unions have more power as things are.2. Who the government protects, slightly depends on what party currently has majority.3. People are cheaper.

DystopianEmpire01 Says:

May 12, 2011 - @MrXfromPlanetX Propaganda is as old as civilization.

jeenthough Says:

Jun 13, 2011 - amaizing!!! i'll watch that again.i just wonder-how does he know all this. isn't it supposed2b secret?lot's of guessing,i guess,but u need facts too,and he names them.its been so obvious-i m Bulgarian bourn living in Holland-I ve been witnessing how "capitalism"has been developping in both countries. when arrived here 20 years ago i instantly said-this is some form of (nacioanal)socialism,the same goes 4 Bulgaria.virtualy most small businesses has been killed4 the sake of the suppermarkets.

gshooting Says:

Oct 28, 2011 - @shortywheat Exactly what credentials does Noam Chomsky have to talk about economics?

HoRostam Says:

Nov 24, 2011 - @gshooting i guess that means you must have a phd in economics, just like every other free market fanboy

gshooting Says:

Nov 24, 2011 - @HoRostam Ok, imagine you were taking an undergraduate degree in mechanical engineering and your lecturer had a PhD in English, nothing else. Wouldn't you wonder that your lecturer really has no business teaching you about mechanical engineering?

HoRostam Says:

Nov 28, 2011 - @gshooting his credentials include, in addition to being able to hold lots of info in his head, being an activist, and having seen the effects of the market in other parts of the world, etc. The main difference here is that free market people wanna look at the third world or other underdeveloped areas, including domestic problems, as either primitive or caused by govt, and more liberal people see those areas as PRODUCED by the free market itself. i find the second argument convincing

HoRostam Says:

Nov 28, 2011 - @gshooting and by govt, i mean big bad cartoon govt that the right supposedly hates... chomsky is very critical of military-industrial complex etc

gshooting Says:

Nov 28, 2011 - @HoRostam That's ridiculous, the third world is rife with government corruption and lawlessness, and in some countries the general environment for arable production is terrible. That is not the fault of the free market. Getting the government to take over a barren piece of land that can hardly produce any crops doesn't make anyone better off than they would be with the free market.

HoRostam Says:

Nov 30, 2011 - @gshooting right, well i was just illustrating the differences between the mindsets... which i guess i did. but its also funny that a complete free market advocate would be critical of "lawlessness," think about that one... but youre right, they are corrupt, but corrupt in collusion with western business interests. i wasnt talking about farming so much as, say, congo... which is one of the biggest humanitarian disasters in human history, but no one talks about, tot all about computer parts etc

gshooting Says:

Nov 30, 2011 - @HoRostam Adovcating free markets is not the same as advocating anarchy, although even anarchists (not the commie-types that want to just destroy everything) would replace public defence with private defence, so instead of having public police, you would just have a private police and instead of the US Army, you would have Haliburton and Blackwater exclusively.