Noam Chomsky: "Free Markets?"
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Channel: Santarchy
Views: 449,931
Rating: 4.7201424 out of 5
Keywords: noam chomsky, free markets, capitalism, free trade, human rights, social justice, nafta
Id: WHj2GaPuEhY
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Length: 121min 0sec (7260 seconds)
Published: Thu Feb 03 2011
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Ten years before the great bank bailout.
"Seven year old children have to learn responsibility and get out of that cycle of dependency and face market discipline, but not rich people. They have to be protected from market discipline, they have to be protected by socialisation of risk and socialisation of cost, along with the privatisation of risk, profit and management. They have to stay on the cycle of dependency."
Really, really love this one.
So he's saying capital control helps nations become richer? And that tax on short term speculation is a good thing? And that government subsides to corporations is what makes companies flourish?
Anyone know where to find the Constitutional Convention debates that he talks about?