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Quote by Noam Chomsky

“The first commitment is raise your salary. One of the ways to raise your salary sometimes is to have short-term profits but there are many other ways.”

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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“CEOs pretty much pick the boards that give them salaries and bonuses. That's one of the reasons why the CEO-to-payment [ratio] has so sharply escalated in this country in contrast to Europe. (They're similar societies and it's bad enough there, but here we're in the stratosphere. ] There's no particular reason for it.”

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“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?”

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“Constance L. Rice, co-director of the Los Angeles of the Advancement Project, told the Times that Seltzer might have been influenced by David Simon's fake ghetto series, "The Wire." It figures. Isn't this sexism? Isn't this a double standard? They're hard on this young woman for her fake ghetto book, yet praise these White guys for theirs. So there's a big market in downing Black men.”

“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.”

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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.”

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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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