The Nature of Capitalism
Chomsky talks about the economic system and corporate crime. He says it’s not just GM and Volkswagen. “It’s across the board. Johnson & Johnson, the huge pharmaceutical firm, is apparently facing billions of dollars of fines for mislabeling prescriptions. Financial institutions are paying billions of dollars in fines for basically robbery of the public. Just read the business pages. It’s constant. Because that’s the nature of capitalism: You try to steal as much as you can.”
About Bernie Sanders: “I’m very supportive of his candidacy. His prospects are pretty limited in a system like ours of bought elections and what amounts to a plutocracy. The real hope, in my mind, of the Sanders campaign is that the popular movement that supports him will persist and grow and develop. That would be significant. If it’s just timed for the electoral extravaganzas, it’s kind of a waste. “
Interviewed by David Barsamian.
Recorded at MIT.
Noam Chomsky, by any measure, has led a most extraordinary life. In one index he is ranked as the eighth most cited person in history, right up there with Aristotle, Shakespeare, Marx, Plato and Freud. His contributions to modern linguistics are legendary. In addition to his pioneering work in that field, he has been a leading voice for peace and social justice for many decades. Chris Hedges says he is “America’s greatest intellectual” who “makes the powerful, as well as their liberal apologists, deeply uncomfortable.” The New Statesman calls him “the conscience of the American people.” He is Professor Emeritus in the Department of Linguistics and Philosophy at MIT and Laureate Professor of Linguistics and Haury Chair in the Program in Environment and Social Justice at the University of Arizona. At 95, he continues to inform and inspire people all over the world. He is the author of scores of books, his latest are Consequences of Capitalism, Chronicles of Dissent and Notes on Resistance.