Chomsky: US still wants to dominate but cannot order other big powers as it pleases; Iran war threat is real
Noam Chomsky: Liberal-conservative divide no more than an illusion amongst ordinary Americans
Chomsky: Obama’s "army" is not a democratic model Pt.4
Chomsky: It should be remembered that Germany went to the depths of barbarism in 10 years
President Obama wanted to show his solidarity with working people, so he went to Illinois and talked at an industrial plant. The choice was striking: he chose Caterpillar. Now, he had to do that over the objections of church and human rights groups because of the devastating effect that Caterpillar machines are having in the Israeli-occupied territories, where they’re wiping out agricultural land and destroying all of the roads and villages and so on. But nobody, as far as I can see, noticed something even more dramatic. I mean, Caterpillar has a role in US labor history. Caterpillar was the first plant in generations to bring in scabs to destroy a strike.
Noam Chomsky speaks to Paul Jay on the Obama – Geithner plan. Chomsky says that "they’re simply recycling, the Bush-Paulson measures and changing them a little, but essentially the same idea: keep the institutional structure the same, try to kind of pass things up, bribe the banks and investors to help out, but avoid the measures that might get to the heart of the problem."
In part two of their interview, Paul Jay asks Prof. Noam Chomsky to weigh-in on the dominant subject of the day, the economic crisis. While Prof. Chomsky agrees that the current crisis is a very serious one that will have broad implications for the broader society, he points out that the foreseeable Medicare-induced economic crisis will "dwarf" the current one in magnitude. Furthermore, Prof. Chomsky develops his contention that democracy is hindered by unrestrained free markets. While on the other hand, state-restricted markets are democratic by design in that they allow people take control–through their government–of financial institutions to force them to include externalities and risks to the broader population in their decision-making. These factors are such that profit-seeking enterprises will not accommodate them when left to their own volition, given that free markets do not put a price on these externalities.
Chomsky says while it’s true that the two parties are essentially like factions of one party – the party of business – the differences do matter to ordinary people. If you are living in a swing state, there is nothing wrong with picking the lesser of two evils.