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Remember, every business firm, like even a mom and pop grocery store, is a market imperfection. A firm is defined in economic theory as a market impe… - Noam Chomsky
" "Remember, every business firm, like even a mom and pop grocery store, is a market imperfection. A firm is defined in economic theory as a market imperfection introduced to deal with transaction costs. And the sort of theory is that the imperfections, the firms, are kinda like little islands in a free market sea. But the problem with that is that the sea doesn't remotely resemble a free market, and the islands are bigger than the sea; so that raises some questions about the picture. But these market imperfections, like a firm, or a transnational corporation, or a strategic alliance among them, this is a form of administering interchanges. And there's a real question about whether we want to accept that. Why, for example, should the international socioeconomic system, or for that matter our own society, be in the hands of unaccountable private tyrannies? That's a decision, it's not a law of nature.
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About Noam Chomsky
Avram Noam Chomsky (born 7 December 1928) is an American linguist, analytical philosopher, cognitive scientist, political analyst, human rights activist and anarcho-socialist.
Biography information from Wikiquote
Also Known As
Birth Name:
Avram Noam Chomsky
Alternative Names:
A. Noam Chomsky
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Chomsky
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Additional quotes by Noam Chomsky
If a serious study of the impact of Western imperialism on Cambodian peasant life is someday undertaken, it may well be discovered that the violence lurking behind the Khmer smile, on which Meyer and others have commented, is not a reflection of obscure traits in peasant culture and psychology, but is the direct and understandable response to the violence of the imperial system, and that its current manifestations are a no less direct and understandable response to the still more concentrated and extreme savagery of a U.S. assault that may in part have been designed to evoke this very response, as we have noted. Such a study may also show that the Khmer Rouge programs elicited a positive response from some sectors of the Cambodian peasantry because they dealt with fundamental problems rooted in the feudal past and exacerbated by the imperial system with its final outburst of uncontrolled barbarism.
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The smart way to keep people passive and obedient is to strictly limit the spectrum of acceptable opinion, but allow very lively debate within that spectrum — even encourage the more critical and dissident views. That gives people the sense that there’s free thinking going on, while all the time the presuppositions of the system are being reinforced by the limits put on the range of the debate.
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