Noam Chomsky (2014): Markets Sharply Restrict Choices

Professor Noam Chomsky discusses the devastating impacts of market structures. Interview was recorded on July 23rd, 2014 (Boston, MIT) by Antti Jauhiainen & Joona-Hermanni Mäkinen (Parecon Finland).

About Noam Chomsky

Avram Noam Chomsky is an American linguist, philosopher, political activist, author, and lecturer. He is an Institute Professor and Professor Emeritus of Linguistics at the Massachusetts Institute of Technology.

About Parecon Finland

Parecon Finland aims to help bring issues of democracy and environmental sustainability more into the focus of discussion on economy and economics in Finland. The organization writes commentaries, organizes events and talks, and publishes material related to such key issues as market reforms, local economies, climate change and political and economic democracy.

keywords: noam chomsky, parecon finland, capitalism, liberalism, history, economy, free trade, adam smith, invisible hand, economics

[kimwaldron]

And the poor countries stay poor and the rich countries stay

[thechadeuropeanfederalist]

The mixed-market system we actually have does offer you the choice to take the subway otherwise subways wouldn't exist. Why argue against a theoretical concept, instead of what actually exists?

[jakobeckert]

To play devils advocate, and Im not looking for debate rather conversation:

Aren't the fact that the choice between (IE, Chevy or Toyota)Cars and a Rail, or Bike trail, or choper! hindered by the State for it's envolvment in the overseeing of road constructions, and rail for that matter. In a society where Roadways, railways, skyways, or w/e were left to a market wouldn't it make available the natural or democratic yearnings of the peoples, instead of always building the roadway for it may be cheaper overall in a city if it built (idk, spit balling) a network of trams, and inner bike streets and outskirt roads for trucks and cars...

[mck]

Aren't we lucky to have Noam Chomsky to judge, ' Markets '? After all, who could be better qualified on this subject, than a Linguistics Professor, who has never even run a burger stand? This makes perfect sense-Right???
UGH-It is a tragedy that anyone actually takes this ridiculous old man seriously! SMH