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Showing posts with the label noam chomsky

1% OWN 50% - 50% OWN 1%

Those who fight against capitalism must not settle for reforming a system that is as broken as it is dangerous. Any viable, transformative struggle needs a bold democratic vision; durable, longstanding organizations and strategies that make politics revolutionary. Corporate interests are powerful lobbying groups and as such have control of the major seats of political power and the commanding institutions necessary to insure that the deeply anti-democratic state rules in the interests of the few while exploiting and repressing the many.  The ruling class no longer care about the social contract and make no concessions in their ruthless pursuits of power and profits.  The decisions that shape all aspects of the commanding institutions of society are made largely in private, behind closed doors by the anonymous financial elite, corporate CEOs, rich bankers, and other almost unassailable leaders of the military-industrial complex.

A recent Princeton University study analyzed policy init…

Nice Norway

"If you look around the world, I think there are more or less decent societies. Norway is pretty decent in many ways." Chomsky said in an interview.

It is all a matter of degree. But we should not look at capitalist countries with rose-tinted glasses.

We read:
The Norwegian government's pension fund, which invests its huge oil income in more than 7,500 companies in 46 countries and is worth about £250bn. Its portfolio is more like a dirty list of the world's worst corporations, including numerous oil, mining and agribusiness corporations criticised for their human rights record and environmental impacts. The fund also invests in half a dozen tax havens and numerous Israeli and other companies accused of contributing to the occupation of Palestinian territories.

Norway's StatoilHydro, 67% owned by the government, operates in several countries accused of corruption and dire human rights records, such as Azerbaijan, Angola, Iran and Nigeria, and is eyeing up Iraq. Min…