Noam Chomsky: Capitalism Private

Posted by admin on Monday, December 6, 2021

Noam Chomsky Money Quote saying Capitalism values profits and devalues costs and risks by making them socialist. Noam Chomsky said:
 
capitalism is that costs and risks are socialized, while profit is privatized Quote
 

“A basic principal 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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