Monday, December 12, 2011

Noam Chomsky on Occupy Wall Street

Really worth the while. M. Chomsky is one of the most important intellectual of our times.
He talks about the significant shift of the economy from productive enterprise to the financialization of the economy.
First, in the 70s, there was a concentration of wealth in the hands of a few which gave them political and legislative power.
Then, these few people, the top one tenth of the one percent of the population, began to dissolve the political and economical system.
He denounces Citi Group one of the most corrupt investment banking corporation that was repeatedly bailed out by the taxpayer.
He tells us that Alan Greenspan testified in congress under the Clinton years was that "Growing worker insecurity is good for the economy."
Chomsky also says the Occupy Wall Street movement is the first popular reaction that could change the fact that power is in the hands of a few.

If you're interested,
I can't begin to see why you wouldn't be willing to know more apart from fear.
You know, the ostrich burying its head in the sand, thinking:'I don't want to see that."

1 comment:

alexandre said...

good afternoun, just for said it's true, to my mind that would be good that the power isn't between hands only than of rich.because the rich when are in the power think how could wen more money and don't think for the 99% to the population who don't have every money. bye bye scuse mi for the fautls pleas