Noam Chomsky Quotes About Risk

• A basic principle of modern state capitalism is that costs and risks are socialized to the extent possible, while profit is privatized.

  Noam Chomsky

  Risk, Principles, Cost

• Resource extraction impacts a global environment that is increasingly at severe risk.

  Noam Chomsky

  Impact, Risk, Environment

  "Chomsky: "The Business Elites ... Are Instinctive Marxists"". Interview with Keane Bhatt, www.truth-out.org. November 19, 2010.

• One of the dangers [that Donald Trump poses, due to the augmented risk of nuclear war] is unquestionable. Of the two existential threats - the threats to the termination of the species basically and most other species - one of them, climate change, on that I think there's no basis for discussion.

  Noam Chomsky

  War, Thinking, Two

  Source: www.counterpunch.org

• As in the past, the costs and risks of the coming phases of the industrial economy were to be socialized, with eventual profits privatized.

  Noam Chomsky

  Past, Risk, Cost

  Noam Chomsky (2007). “Failed States: The Abuse of Power and the Assault on Democracy”, p.126, Macmillan

• In a capitalist system, there's a principle that if you invest, especially in a long-term risky investment, if something comes out of it, you're supposed to get the profit. It doesn't happen in our system. The taxpayer paid for it and gets nothing - assumes all of the risk, gets zero. The money goes into the pockets of Bill Gates and Steve Jobs, who are ripping off decades of work in the public sector.

  Noam Chomsky

  Jobs, Zero, Long

  Source: www.truth-out.org

• With government deregulation and the triumph of financial liberalization, the dangers of systemic risks, the possibility of a financial tsunami, sharply increased.

  Noam Chomsky

  Government, Risk, Triumph

  "'The United States Has Essentially a One-Party System'". Interview with Gabor Steingart, www.spiegel.de. October 10, 2008.

• A tremendous amount of the entrepreneurial initiative, if you want to call it that, comes from the dynamic state sector on which most of the economy relies to socialize costs and risks and privatize eventual profit. And that's achieved by, if you like, advertising.

  Noam Chomsky

  Risk, Cost, Want

  "Noam Chomsky on Iraq Troop Withdrawal, Haiti, Democracy in Latin America and the Israeli Elections". "Democracy Now!" with Amy Goodman and Juan Gonzalez, www.democracynow.org. April 03, 2006.

You May Also Like:

Aviva Chomsky

Howard Zinn

Michel Gondry

Michel Foucault

Slavoj Žižek

Ferdinand de Saussure

B. F. Skinner