Nothing in these abstract economic models actually works in the real world. It doesn't matter how many footnotes they put in, or… — Noam Chomsky Copy Share Image
Worker ownership within a state capitalist, semi-market system is better than private ownership but it has inherent problems. Markets have well-known inherent… — Noam Chomsky Copy Share Image
A basic principal of modern state capitalism is that costs and risks are socialized to the extent possible, while profit is privatized. — Noam Chomsky Copy Share Image
From the 1970s, there has been a significant change in the US economy, as planners, private and state, shifted it toward financialization… — Noam Chomsky Copy Share Image
Bear in mind that capitalism is a tiny period of human society. You never really had capitalism, you always had one or… — Noam Chomsky Copy Share Image
“[...] in a predatory capitalist economy, state intervention would be an absolute necessity to preserve human existence and to prevent the destruction… — Noam Chomsky Copy Share Image
As far as Marx's analysis of capitalism, there's a lot of very useful ideas in it, but he's developing an abstract model… — Noam Chomsky Copy Share Image
Capitalism would self-destruct in no time. So the business classes have always demanded strong, straight intervention to protect the society from the… — Noam Chomsky Copy Share Image
Why not stakeholder action? There's no economic principal that says that management should be responsive to shareholders, in fact you can read… — Noam Chomsky Copy Share Image
We had one or another form of state capitalism during an extremely brief period of human history, which tells us essentially nothing… — Noam Chomsky Copy Share Image
“The economic consequences of these policies have been the same just about everywhere, and exactly what one would expect: a massive increase… — Noam Chomsky Copy Share Image
The main purpose of advertising is to undermine markets. If you go to graduate school and you take a course in economics,… — Noam Chomsky Copy Share Image
“It [predatory capitalism] is incapable of meeting human needs that can be expressed only in collective terms, and its concept of competitive… — Noam Chomsky Copy Share Image
At the peak of the so-called great success of neoliberal economics, in 2007, right before the crash, non-supervisory workers were at wages… — Noam Chomsky Copy Share Image
Capitalism is based on the principle that everything has to be privately owned; it can't be held in common. There is even… — Noam Chomsky Copy Share Image
There was a time traditionally - say, GM in the 1950s - it was trying to develop a consumer base that would… — Noam Chomsky Copy Share Image
The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor,… — Noam Chomsky Copy Share Image
“The economic system barely functions as it is—I mean, the contemporary economic system is a complete catastrophe, an absolutely catastrophic failure. For… — Noam Chomsky Copy Share Image
“Both political parties have moved to the right during the neoliberal period. Today’s New Democrats are pretty much what used to be… — Noam Chomsky Copy Share Image
“Well, it depends which planned economies you mean. There are lots of planned economies―the United States is a planned economy, for example.… — Noam Chomsky Copy Share Image
“Well, it's been obvious for centuries that capitalism is going to self-destruct: that's just inherent in the logic of system―because to the… — Noam Chomsky Copy Share Image
“First of all, we've never had capitalism, so it can't end. We have some variety of state capitalism. If you fly on… — Noam Chomsky Copy Share Image
Under capitalism, we can't have democracy by definition. Capitalism is a system in which the central institutions of society are in principle… — Noam Chomsky Copy Share Image
In the humanities and social sciences, and in fields like journalism and economics and so on, people have to be trained to… — Noam Chomsky Copy Share Image
All public resources go to the rich. The poor, if they can survive in the labor market, fine. Otherwise, they die. That's… — Noam Chomsky Copy Share Image
Capitalism’s concept of competitive man who seeks only to maximize wealth and power, who subjects himself to market relationships, to exploitation and… — Noam Chomsky Copy Share Image
“The advertising industry's prime task is to ensure that uninformed consumers make irrational choices, thus undermining market theories that are based on… — Noam Chomsky Copy Share Image
In the major state capitalists economies, Europe and the US, it's low growth and stagnation and a very sharp income differentiation a… — Noam Chomsky Copy Share Image
As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual… — Noam Chomsky Copy Share Image
A tremendous amount of the entrepreneurial initiative, if you want to call it that, comes from the dynamic state sector on which… — Noam Chomsky Copy Share Image
...free enterprise, [is] a term that refers, in practice, to a system of public subsidy and private profit, with massive government intervention… — Noam Chomsky Copy Share Image
Roughly speaking, I think it's accurate to say that a corporate elite of managers and owners governs the economy and the political… — Noam Chomsky Copy Share Image
If you take an economics or a political science course, you're taught that humans are supposed to be rational wealth accumulators, each… — Noam Chomsky Copy Share Image
What is called 'capitalism'is basically a system of corporate mercantilism, with huge and largely unaccountable private tyrannies exercising vast control over the… — Noam Chomsky Copy Share Image
Predatory capitalism created a complex industrial system and an advanced technology; it permitted a considerable extension of democratic practice and fostered certain… — Noam Chomsky Copy Share Image
The dominant propaganda systems have appropriated the term "globalization" to refer to the specific version of international economic integration that they favor,… — Noam Chomsky Copy Share Image
“One should attend carefully to the fear and desperation of the powerful. They understand very well the potential reach of the "ultimate… — Noam Chomsky Copy Share Image
In the moral calculus of currently prevailing state capitalism, profits and bonuses in the next quarter greatly outweigh concern for the welfare… — Noam Chomsky Copy Share Image
The costs of the Bush-Obama wars in Iraq and Afghanistan are now estimated to run as high as $4.4 trillion - a major victory… — Noam Chomsky Copy Share Image
If you believe in democracy, why shouldn't you know what the government is doing? — Noam Chomsky Copy Share Image
It’s a shameful moment for U.S. media when it insists on being subservient to the grotesque propaganda agencies of a violent, aggressive state. — Noam Chomsky Copy Share Image
There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically they are… — Noam Chomsky Copy Share Image
Governments regard their own citizens as their main enemy, and they have to be - protect themselves. That's why you have state secret laws.… — Noam Chomsky Copy Share Image
I don't join the New Atheists. So, for example, I wouldn't have the arrogance to lecture some mother who hopes to see her dying… — Noam Chomsky Copy Share Image
The first thing you ought to do is verify what I present. Just because I say it doesn't make it true. So check it… — Noam Chomsky Copy Share Image
I wrote an article about the marine landing [in Haiti] right away, but barely mentioned the oil, because my article would come out two… — Noam Chomsky Copy Share Image
American society is now remarkably atomized. Political organizations have collapsed. In fact, it seems like even bowling leagues are collapsing. The left has a… — Noam Chomsky Copy Share Image
Discovery is the ability to be puzzled by simple things. Noam Chomsky — Noam Chomsky Copy Share Image
There's an interesting book about that called The Third Reich and the Ivory Tower, written by Stephen H. Norwood. It has a long discussion… — Noam Chomsky Copy Share Image
This is class war on an international scale, and power is in the hands of those who control the international economic system. — Noam Chomsky Copy Share Image
![“[...] in a predatory capitalist economy, state intervention would be an absolute necessity to preserve human existence and to prevent the destruction of the physical environment [...].” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/b9e/noam-chomsky-42_capitalism_in-a-predatory-capitalist-economy-state_2920823.jpg)
![“It [predatory capitalism] is incapable of meeting human needs that can be expressed only in collective terms, and its concept of competitive man who seeks only to maximize wealth and power, who subjects himself to market relationships, to exploitation and external authority, is antihuman and…” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/660/noam-chomsky-42_capitalism_it-predatory-capitalism-is-incapable-of_3094561.jpg)
![“...free enterprise, [is] a term that refers, in practice, to a system of public subsidy and private profit, with massive government intervention in the economy to maintain a welfare state for the rich.” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/93e/noam-chomsky-42_business_free-enterprise-is-a-term-that-refers-in_1769871.jpg)
![“I wrote an article about the marine landing [in Haiti] right away, but barely mentioned the oil, because my article would come out two months later and I assumed by then, "of course, everybody knows." Nobody knew. There was a news report in the Wall Street Journal, in the petroleum journals, and…” quote by Noam Chomsky](https://sms4smile.com/quotes/img-quotes/dc5/noam-chomsky-42_articles_i-wrote-an-article-about-the-marine-land_13341.jpg)
