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Quote by Noam Chomsky

“Stakeholders - meaning workers and community - the CEO could just as well be responsible to them. This presupposes there ought to be management but why does there have to be management? Why not have the stakeholders run the industry?”

Quote by Noam Chomsky

Author

Noam Chomsky, born on December 7, 1928, is a renowned linguist from the United States. His research in generative grammar and transformational grammar has had a profound impact on modern linguistics. Chomsky's academic achievements extend beyond linguistics, as he is also an active political commentator and philosopher, known for his unique perspective and profound insights. more

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“Worker ownership within a state capitalist, semi-market system is better than private ownership but it has inherent problems. Markets have well-known inherent inefficiencies. They're very destructive.”

Wells States Problem Known Workers Destructive Capitalist Inherent Ownership Well Known Inefficiency

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“The obvious one, in a market system, in a really functioning one, whoever's making the decisions doesn't pay attention to what are called externalities, effects on others. I sell you a car, if our eyes are open we'll make a good deal for ourselves but we're not asking how it's going to affect her [over there.] It will, there'll be more congestion, gas prices will go up, there will be environmental effects and that multiplies over the whole population. Well, that's very serious.”

Ifs Wells Whole Eye Decision Deals Pay Attention Effects Car Serious Asking Sells Environmental Population Obvious Pay Attention Gas Gas Prices Congestion Externalities

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“You also have to get beyond that to dismantle the system of production for profit rather than production for use. That means dismantling at least large parts of market systems.”

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“If you're in a system where you must make profit in order to survive. You are compelled to ignore negative externalities, effects on others.”

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“Markets also have a very bad psychological effect. They drive people to a conception of themselves and society in which you're only after your own good, not the good of others and that's extremely harmful.”

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“Phillip Roth uses his Black women characters to make anti intellectual remarks about Black history month, begun by a man who reached intellectual heights that Roth will never attain. Roth is a petty bigot and his ignorant remarks about black culture expose him as a buffoon to scholars the world over.”

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“There clearly is a serious race problem in the country. Just take a look at what's happening to African American communities. For example wealth, wealth in African American communities is almost zero. The history is striking.”

Looks Country Problem Community Wealth Race Example Serious Happenings African American Zero Almost Zero

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“You take a look at the history of African Americans in the US. There's been about thirty years of relative freedom. There was a decade after the Civil War and before north/south compact essentially recriminalized black life. During the Second World War there was a need for free labor so there was a freeing up of the labor force. Blacks benefitted from it.”

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“We recriminalized black life. Incarceration rates since the 1908s have gone through the roof, overwhelmingly black males, women and Hispanics to some extent. Essentially re-doing what happened under Reconstruction. That's the history of African Americans - so how can any one say there's no problem. Sure, racism is serious, but it's worse than that.”

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