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

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


Noam Chomsky
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Other quotes of Noam Chomsky


Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can't afford the time to think.

Students who acquire large debts putting themselves through school are unlikely to think about changing society. When you trap people in a system of debt, they can't afford the time to think.



The general population doesn't know what's happening, and it doesn't even know that it doesn't know.

The general population doesn't know what's happening, and it doesn't even know that it doesn't know.



That's the standard technique of privatization: defund, make sure things don't work, people get angry, you hand it over to private capital.

That's the standard technique of privatization: defund, make sure things don't work, people get angry, you hand it over to private capital.



Jingoism, racism, fear, religious fundamentalism: these are the ways of appealing to people if you're trying to organize a mass base of support for policies that are really intended to crush them.

Jingoism, racism, fear, religious fundamentalism: these are the ways of appealing to people if you're trying to organize a mass base of support for policies that are really intended to crush them.



There's a good reason why nobody studies history, it just teaches you too much.

There's a good reason why nobody studies history, it just teaches you too much.



The world is a very puzzling place. If you're not willing to be puzzled, you just become a replica of someone else's mind.

The world is a very puzzling place. If you're not willing to be puzzled, you just become a replica of someone else's mind.



Democratic societies can't force people. Therefore they have to control what they think.

Democratic societies can't force people. Therefore they have to control what they think.



Nobody should have any illusions. The United States has essentially a one-party system and the ruling party is the business party.

Nobody should have any illusions. The United States has essentially a one-party system and the ruling party is the business party.



If you want to control a population... give them a God to worship.

If you want to control a population... give them a God to worship.



A language is not just words. It's a culture, a tradition, a unification of a community, a whole history that creates what a community is. It's all embodied in a language.

A language is not just words. It's a culture, a tradition, a unification of a community, a whole history that creates what a community is. It's all embodied in a language.





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We're not mad, " he began, meaning he was. He was always a plural when mad, as though grammatically throwing his lot in with her mother gave him the power of her authority.

We're not mad, " he began, meaning he was. He was always a plural when mad, as though grammatically throwing his lot in with her mother gave him the power of her authority.



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Quote Description


This page presents the quote "A basic principle of modern state capitalism is that costs and risks are socialized to the extent possible, while profit is privatized.". Author of this quote is Noam Chomsky. This quote is about modern, capitalism, cost, risk, profit, principles,.