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25 Responses to “Noam Chomsky on the economy and democracy Pt2”
Millionthusername, you are an dumbshit. Yes, competition is good for markets, very fucking brilliant work, remembering the first sentence from the first day of econ 101. Chomsky is not ignorant of economics, he simply rejects your view, as I can see it is a typical US conservative view. Go read, “The Peoples History of the United States,” or at least stop watching Glenn Beck.
Free markets are not bad. A free market is the result of free people producing and exchanging voluntarily. Why do you think freedom, production, and exchange are bad?
If freedom is bad, then coercion is good? Explain why coercion is good. Explain who will do the coercing and who will do the obeying. Explain the penalties you’d like to inflict on people who do not wish to be your slaves. Or perhaps you wish to be the slave?
You obviously do not understand anything about economics.
You do not understand state control of health care. When you learn something and have something to say, let me know.
You are just leaving numerous comments here without any substance.
Do you understand what a market is? Do you understand what a price is? Do you understand that introducing force into markets hampers those markets? Do you understand that competition lowers prices and increases quality?
you need to read a few of his book dude. I’m sorry but this guy is a professor with a PHD he is an intellectual. He certainly has the qualifications of one, and does the work of one. Therefore he must be one obviously. Are you even pursuing a bachelor’s level education? It seems like you aren’t.
healthcare cost has a lot to do with the lack of regulation coupled with a lot of liability suites. I dunno its exploitation of the legal system and just insurance companies with a monopoly wanting to make as much money as possible. Its bankrupting the country yes we need to socialize healthcare.
I think you are missing an understanding of history. We’ve had pure free markets with littel regulation in the past. The results were quite bad. There is a reason why we have a mix economy. You can throw in buzz words such as liberty and free enterprise, but we have free enterprise. You can start a company in the US if you’re American with little to no barrier of entry besides the market itself. Corporations controling the state is not the state’s doing its the corporations doing!!!
If obama pussy ass nigger see Dalai lama these days,China will invite Bin laden for working together.USA’s army is worldwide.Only china and Russian can stop its power growing.Pussy ass nigger borrow money from china and doing gay shit to china..This pussy nigger wanna beef with China when he find hem some.China has 99 problems,USA aint one.China will fuck all Americans Life up with the Art of War by sun tze.China fucks USA back to the Middle age.
I think we really need to consider legalizing online casino and poker like the UK did, and did it well. I promise it will not corrupt the moral fiber of the US people. In fact I’ll bet on it:) if someone would like to have a real constuctive conversaton on the subject, look me up.
No, you have it backwards. Competition drives down prices and improves quality. A monopoly or cartel which is implemented by force prevents the market from functioning. That’s why a monopolist can charge above market rates.
If you prevent people from offering medical services by force, then you artificially narrow the market by driving out competitors.
What you are saying goes against human liberty and free enterprise and basic economics.
The industry exploits this through coordinated tactics to control the market. AND btw they do this WITH the help of the government. If you knew something about this history of regulation in this country agencies in the past were notoriously infiltrated by corporate interests (wiki this). Chomksy mentioned how congress made it illegal for the government to negotiate lower costs for medicare.
Honestly dude, if you don’t respond with something qualitative, then I’m not responding anymore.
Sorry to demean your point of view. Maybe you’re right, if the markets were left to their own devices things would be different. But I think in the case of health care, coming from an open market position is the wrong thing to do. According to the doctrine that costs should be determined through demand and subsequent competition within the market, prices would be extremely high (as they currently are) NOTHING has a greater demand than the need for health care.
There is a video where he says to vote for Obama.
That’s what I said. Go look it up. Find the video. I didn’t say he supports all his policies. Don’t put words in my mouth.
I’m criticizing him as I would anyone. Sorry, but he isn’t “Plato”. And if he were, I would still criticize him for being ignorant of economics or a demagogue. I don’t know which, but he’s one or the other since he doesn’t tell the truth.
He is extremely critical of Obama and hardly supported him. He’s made it clear that Obama is carrying on the same legacy of his predecessors especially in foreign policy and even financial policy. If you were at all familiar with his work you would know this. (Which is why I’m saying you don’t know what you’re talking about.)
I think it’s amusing you’re calling one of the most cited men in modern history ignorant. It’s like calling Plato and Freud ignorant. Who are you??
Sorry to waste your time with a banal youtube response.
Government didn’t cause problems in the financial and health care markets … bad management and corporate misconduct did (Problems in these markets btw extend beyond ledger sheets, to real people without health care and who’ve lost substantial capital.) Can you explain how he’s blaming this on “freedom?”
March 10th, 2010 at 3:25 am
Millionthusername, you are an dumbshit. Yes, competition is good for markets, very fucking brilliant work, remembering the first sentence from the first day of econ 101. Chomsky is not ignorant of economics, he simply rejects your view, as I can see it is a typical US conservative view. Go read, “The Peoples History of the United States,” or at least stop watching Glenn Beck.
March 10th, 2010 at 4:11 am
have you read any of his research?
March 10th, 2010 at 4:23 am
The most inane comments. How old are you?
You think Chomsky knows what he’s talking about because he’s a professor? He is demonstrably ignorant of economics.
March 10th, 2010 at 4:48 am
Liberty is not a buzz word.
Free markets are not bad. A free market is the result of free people producing and exchanging voluntarily. Why do you think freedom, production, and exchange are bad?
If freedom is bad, then coercion is good? Explain why coercion is good. Explain who will do the coercing and who will do the obeying. Explain the penalties you’d like to inflict on people who do not wish to be your slaves. Or perhaps you wish to be the slave?
March 10th, 2010 at 5:44 am
You obviously do not understand anything about economics.
You do not understand state control of health care. When you learn something and have something to say, let me know.
You are just leaving numerous comments here without any substance.
Do you understand what a market is? Do you understand what a price is? Do you understand that introducing force into markets hampers those markets? Do you understand that competition lowers prices and increases quality?
Apparently not.
March 10th, 2010 at 6:15 am
you need to read a few of his book dude. I’m sorry but this guy is a professor with a PHD he is an intellectual. He certainly has the qualifications of one, and does the work of one. Therefore he must be one obviously. Are you even pursuing a bachelor’s level education? It seems like you aren’t.
March 10th, 2010 at 6:24 am
healthcare cost has a lot to do with the lack of regulation coupled with a lot of liability suites. I dunno its exploitation of the legal system and just insurance companies with a monopoly wanting to make as much money as possible. Its bankrupting the country yes we need to socialize healthcare.
March 10th, 2010 at 6:28 am
no, millionthusername. You truly have no idea of what you’re saying. Please just shhh.
March 10th, 2010 at 7:12 am
I think you are missing an understanding of history. We’ve had pure free markets with littel regulation in the past. The results were quite bad. There is a reason why we have a mix economy. You can throw in buzz words such as liberty and free enterprise, but we have free enterprise. You can start a company in the US if you’re American with little to no barrier of entry besides the market itself. Corporations controling the state is not the state’s doing its the corporations doing!!!
March 10th, 2010 at 7:26 am
If obama pussy ass nigger see Dalai lama these days,China will invite Bin laden for working together.USA’s army is worldwide.Only china and Russian can stop its power growing.Pussy ass nigger borrow money from china and doing gay shit to china..This pussy nigger wanna beef with China when he find hem some.China has 99 problems,USA aint one.China will fuck all Americans Life up with the Art of War by sun tze.China fucks USA back to the Middle age.
March 10th, 2010 at 7:35 am
I think we really need to consider legalizing online casino and poker like the UK did, and did it well. I promise it will not corrupt the moral fiber of the US people. In fact I’ll bet on it:) if someone would like to have a real constuctive conversaton on the subject, look me up.
March 10th, 2010 at 8:25 am
@OsvaldoPaese
Unions are the “common man” moron.
March 10th, 2010 at 9:10 am
Unions are supposed to protect the workers and make sure they are taken care of.
But who regulates the unions? I think there are some significant details here that the common man(like myself) are missing from this equation.
March 10th, 2010 at 9:22 am
@ngober
Yes, of course, in the face of state control, people lobby the state. But a state controlled market is not a free market.
Chomsky never makes this basic distinction.
March 10th, 2010 at 9:46 am
@ngober
No, you have it backwards. Competition drives down prices and improves quality. A monopoly or cartel which is implemented by force prevents the market from functioning. That’s why a monopolist can charge above market rates.
If you prevent people from offering medical services by force, then you artificially narrow the market by driving out competitors.
What you are saying goes against human liberty and free enterprise and basic economics.
March 10th, 2010 at 9:50 am
You’re really all over the place aren’t you. Freaking education in this country.
Take care MillionthUsername.
March 10th, 2010 at 10:07 am
The industry exploits this through coordinated tactics to control the market. AND btw they do this WITH the help of the government. If you knew something about this history of regulation in this country agencies in the past were notoriously infiltrated by corporate interests (wiki this). Chomksy mentioned how congress made it illegal for the government to negotiate lower costs for medicare.
Honestly dude, if you don’t respond with something qualitative, then I’m not responding anymore.
March 10th, 2010 at 10:29 am
@MillionthUsername
Sorry to demean your point of view. Maybe you’re right, if the markets were left to their own devices things would be different. But I think in the case of health care, coming from an open market position is the wrong thing to do. According to the doctrine that costs should be determined through demand and subsequent competition within the market, prices would be extremely high (as they currently are) NOTHING has a greater demand than the need for health care.
March 10th, 2010 at 10:35 am
@ngober
Explain to all of us how the health care industry and the financial industry are FREE MARKETS then, if that’s what you think.
Why don’t you explain what the STATE is and what they do to these industries.
You could spend some time doing research and then get back to us.
Tell us what a “regulation” is and what a “mandate” is and what a “license” is.
You could try to start a free market bank or insurance company and tell us what the STATE does. You could write us from PRISON.
March 10th, 2010 at 10:39 am
@ngober
There is a video where he says to vote for Obama.
That’s what I said. Go look it up. Find the video. I didn’t say he supports all his policies. Don’t put words in my mouth.
I’m criticizing him as I would anyone. Sorry, but he isn’t “Plato”. And if he were, I would still criticize him for being ignorant of economics or a demagogue. I don’t know which, but he’s one or the other since he doesn’t tell the truth.
March 10th, 2010 at 10:44 am
@ngober
“Government didn’t cause problems in the financial and health care markets”
You cannot be serious.
The gov’t controls both the financial system and the health system. You ought to acquaint yourself with history and the law in these areas.
How do you not know these things? How does Chomsky not know?
March 10th, 2010 at 11:22 am
@MillionthUsername
He is extremely critical of Obama and hardly supported him. He’s made it clear that Obama is carrying on the same legacy of his predecessors especially in foreign policy and even financial policy. If you were at all familiar with his work you would know this. (Which is why I’m saying you don’t know what you’re talking about.)
I think it’s amusing you’re calling one of the most cited men in modern history ignorant. It’s like calling Plato and Freud ignorant. Who are you??
March 10th, 2010 at 11:57 am
@MillionthUsername
Sorry to waste your time with a banal youtube response.
Government didn’t cause problems in the financial and health care markets … bad management and corporate misconduct did (Problems in these markets btw extend beyond ledger sheets, to real people without health care and who’ve lost substantial capital.) Can you explain how he’s blaming this on “freedom?”
March 10th, 2010 at 12:02 pm
@ngober
How lame. You don’t have an argument, so why are wasting my time?
Chomsky continually displays his ignorance of economics. All this man does is lie. I’ve never even heard him make a distinction. He’s a joke.
March 10th, 2010 at 12:32 pm
You have no idea what you’re talking about, in case no one has told you.