Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.
Noam ChomskyAs for the various religions, there's no doubt that they are very meaningful to adherents, and allow them to delude themselves into thinking there is some meaning to their lives beyond what we agree is the case. I'd never try to talk them out of the delusions, which are necessary for them to live a life that makes some sense to them. These beliefs can provide a framework for deeds that are noble or savage, and anywhere in between, and there's every reason to focus attention on the deeds and the background for them, to the extent that we can grasp it.
Noam ChomskyIf the most important revolutionary part of the George W. Bush Doctrine is that states that harbor terrorists are terrorist states, what do we conclude from that? We conclude exactly what Kissinger was kind enough to say: These doctrines are unilateral. They are not intended as doctrines of international law or doctrines of international affairs. They are doctrines that grant the U.S. the right to use force and violence and to harbor terrorists, but not anyone else.
Noam ChomskyThe literature is like that - they [unions] are constantly talking about the masses, the danger they pose, and how to control them. They understand what they're doing, and they're very class conscious. They press policies which work for their interests.
Noam ChomskyThere is massive propaganda for everyone to consume. Consumption is good for profits and consumption is good for the political establishment.
Noam ChomskyFor fifty years, we heard NATO is necessary to save Western Europe from the Russian hordes, you know the slave state, stuff I was taking about. In 1990-91, no Russian hordes. Okay, what happens? Well there are actually visions of the future system that were presented. One was [Mikhail] Gorbachev. He called for a Eurasian security system, with no military blocs. He called it a Common European Home. No military blocs, no Warsaw Pact. Just an integrated security system with no conflicts.Now the other vision was presented by George Bush, this is the "statesman".
Noam Chomsky