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Assuming Quote by Noam Chomsky

“In a capitalist system, there's a principle that if you invest, especially in a long-term risky investment, if something comes out of it, you're supposed to get the profit. It doesn't happen in our system. The taxpayer paid for it and gets nothing - assumes all of the risk, gets zero. The money…” quote by Noam Chomsky
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“In a capitalist system, there's a principle that if you invest, especially in a long-term risky investment, if something comes out of it, you're supposed to get the profit. It doesn't happen in our system. The taxpayer paid for it and gets nothing - assumes all of the risk, gets zero. The money goes into the pockets of Bill Gates and Steve Jobs, who are ripping off decades of work in the public sector.”

Noam Chomsky

About This Quote

Source Speech: Interview on Economic Inequality, 2010

In capitalism, private investors reap profits while the public bears the risk and receives no reward, leading to wealth concentration among tech elites.

In simple terms: Private profit, public risk, wealth concentration.

Key Takeaway

Demand fair compensation for public-funded work.

Themes

economic inequality public vs private wealth concentration

Mood

critical concerned

Type

political analytical

When to use this quote

  • policy reform
  • taxation
  • public sector investment
  • corporate accountability

Key Concepts

capitalism risk allocation public goods

Questions to Reflect On

  • How can public contributions be fairly rewarded?
  • What mechanisms can limit private capture of public innovation?
A Different Perspective

Profit sharing often depends on market forces, not just fairness.

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