There has been a huge attack against private sector unions. Actually, that's been going on since the Second World War.Noam Chomsky
The Federal Reserve has an official commitment to two different policies. One is to prevent inflation from getting too high. The second is to maintain high employment... the European Central Bank has only the first. It has no commitment to keep employment up.Noam Chomsky
In the late 19th century there was a major union organization, Knights of Labor, and also a radical populist movement based on farmers. It's hard to believe, but it was based in Texas, and it was quite radical. They wanted their own banks, their own cooperatives, their own control over sales and commerce.Noam Chomsky
Greece has been, in many ways, a partially dysfunctional society. For example, the wealthy barely pay taxes... to an extent, that's true elsewhere, including the United States, but it's been pretty extreme in Greece.Noam Chomsky
The Latin American debt that reached crisis levels from 1982 would have been sharply reduced by return of flight capital - in some cases, overcome, though all figures are dubious for these secret and often illegal operations.Noam Chomsky
Now financial liberalization is just a catastrophe waiting to happen, and there are very well understood reasons for that.Noam Chomsky
You go back to the 17th century, the commercial and industrial centers of the world were China and India.Noam Chomsky
