During the Q&A period after Noam Chomsky gave a lecture at 1199 SEIU Union Hall located in Dorchester, MA on September 30, 2014. “Capitalist Democracy and its Prospect’s” he spoke why you can not have a capitalist democracy. During the 18 minutes he speaks about one of the architects of modern Capitalism, Adam Smith, Laissez-faire Economics, people’s misinterpretations of Adam Smith specifically when it comes to what personal freedom actually is. He tears into what Modern Libertarianism has become in the US. He talks about the transitioning economy from being technology based to biology based. He finally discussed how people income impact political decisions and referred to the Orwellian term “Unpeople “to describe the largest percentage of people who are disenfranchised from political decisions and power and believes as compared to the occupy movement that the country is being rules in a Plutocracy ruled by the top 0.1% of wealth..
Posted on: Sun, 04 Jan 2015 13:39:49 +0000