10 Quotes by Noam Chomsky about economics
- Author Noam Chomsky
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the ones who are running the world economy have protected themselves very strongly from market discipline. the neo-liberal system is an attack, in my view, both on the market, and on democracy.
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- Author Noam Chomsky
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There are few genuine conservatives within the U.S. political system, and it is a sign of the intellectual corruption of the age that the honorable term 'conservatism' can be appropriated to disguise the advocacy of a powerful, lawless, aggressive and violent state, a welfare state for the rich dedicated to a lunatic form of Keynesian economic intervention that enhances state and private power while mortgaging the country's future.
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- Author Noam Chomsky
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The advertising industry's prime task is to ensure that uninformed consumers make irrational choices, thus undermining market theories that are based on just the opposite.
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- Author Noam Chomsky
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Corporations barely pay taxes. The corporate tax rate is already very low, but corporations have worked out an array of complicated techniques so they often don't have to pay taxes at all... The scale of sheer robbery by corporate power is enormous.
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- Author Noam Chomsky
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He wants to focus on what he calls 'cultural issues.' That makes sense, because when you're going to rob people blind you don't want to have them focus their attention on economic issues.
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- Author Noam Chomsky
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There is tons of work to be done, and lots of people who would like to do the work. It's just that the economic system is such a grotesque catastrophe that it can't even put together idle hands and needed work, which would be satisfying to the people and which would be beneficial to all of us. That's just the mark of a failed system. The most dramatic mark of it.
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- Author Noam Chomsky
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Small differences in a system of great power can have enormous consequences. [Source: Al Jazeera 'Upfront' interview]
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- Author Noam Chomsky
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By now, they rank people by income level or wages roughly the same: The bottom seventy per cent or so are virtually disenfranchised; they have almost no influence on policy, and as you move up the scale you get more influence. At the very top, you basically run the show.
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- Author Noam Chomsky
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The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum—even encourage the more critical and dissident views. That gives people the sense that there’s free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate.
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