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" "Passivity may be the easy course, but it is hardly the honorable one.
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
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If you look over the history of regulation — railroad regulation, financial regulation and so on — you find that, quite commonly, it's either initiated by the economic concentrations that are being regulated, or it's supported by them. And the reason is because they know that, sooner or later, they can take over the regulators and essentially run what they do. They can offer what amounts to bribes — offer them jobs or whatever it may be — it's an advantage to the regulators to accommodate themselves to the will of the powerful. It happens naturally in many ways, and ends up with what's called “regulatory capture.” The business being regulated is in fact running the regulators.
MAN: What’s the difference between “libertarian” and “anarchist,” exactly?
There’s no difference, really. I think they’re the same thing. But you see, “libertarian” has a special meaning in the United States. The United States is off the spectrum of the main tradition in this respect: what’s called “libertarianism” here is unbridled capitalism. Now, that’s always been opposed in the European libertarian tradition, where every anarchist has been a socialist — because the point is, if you have unbridled capitalism, you have all kinds of authority: you have extreme authority.
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