Friday, March 7, 2014

Noam Chomsky (2014) "How to Ruin an Economy; Some Simple Ways"

Noam Chomsky (2014) "How to Ruin an Economy; Some Simple Ways" is great!



Adam Smith coined the phrase Vile Maxim to describe the goals of the masters of society.  "All for ourselves and none for anybody else."  That's the essence of neoliberalism.  Chomsky describes how it works (drive for short-term profits), who is for it (the richest nations of the world), who provides most of the opposition (so-called "primitive" indigenous societies), where it's going (total catastrophe), and what we can do (many good ways to oppose it, but we haven't got much time).

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