An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
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Tuesday, March 5, 2013
Noam Chomsky: Can Civilization Survive Capitalism?
Capitalism as it exists today is radically incompatible with democracy.
Funnily enough I was coming to the same conclusion myself.
ReplyDeleteWhat we have now is Feudo-Capitalism.
You serfs are allowed just enough democracy to keep you quiet.