Show: A Progressive Voice

Episode: 0020 Noam Chomsky How to Ruin an Economy, Some Simple Ways

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Episode Description:

Noam Chomsky spoke at Third Boston Symposium on Economics on February 10th 2014, sponsored by the Northeastern University Economics Society in Boston, MA.

Chomsky argued that certain factors, among them cutting federal funding for research and development and the growing gap between the richest 1 percent and everybody else, have led to the country's current economic climate.

"The system is so dysfunctional that it cannot put eager hands to needed work using the resources that would be available if the economy were designed for human needs," Chomsky said. "These things didn't just happen like a tornado, they are the results of deliberate policies over roughly the past generation."

Chomsky focuses on what economic actions that government, the super rich and corporations are doing that insures the US and other economies fail for the overwhelming majority of people. We're a nation whose leaders are pursuing policies that amount to economic suicide.

This video also includes an extended 14 minute question and answer period with Dr. Chomsky.

Chomsky's political views have changed little since his childhood. His ideological position revolves around "nourishing the libertarian and creative character of the human being",] and he has described his beliefs as "fairly traditional anarchist ones, with origins in the Enlightenment and classical liberalism He has praised libertarian socialism, and has described himself as an anarcho-syndicalist. He is a member of the Campaign for Peace and Democracy and the Industrial Workers of the World international union. Chomsky is also a member of the interim consultative committee of the International Organization for a Participatory Society, which he describes as having the potential to "...carry us a long way towards unifying the many initiatives here and around the world and molding them into a powerful and effective force."

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File Name of SD Episode: 0020 Noam Chomsky How to Ruin an Economy Some Simple Ways.mpg

Total SD Episode Video Runtime (hh:mm:ss): 00:34:57

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Date SD Episode Video Uploaded: Monday, March 24, 2014 - 15:29

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