There are questions as to whether it should even exist. Who should corporations be responsive to, the management of a corporation? Theoretically they are responsive to the shareholders, but I why not to the so - called stakeholders, the work force and the community? Nothing in economic theory opposes that. Those are social and political decisions.
Noam ChomskyThe rich and powerful countries are trying to wreck as much as possible. You know, go off the cliff as soon as you can. Extract every drop of hydrocarbons off the ground and destroy the environment. At the opposite extreme are countries like Bolivia and Ecuador, indigenous people around the world, and first nations in Canada and tribal people in India, campesinos in Colombia... They're trying to save the commons.
Noam ChomskyThe neoliberal programs of the last generation have in fact been, and were intended to be, a pretty serious attack on democracy, but also they've led to stagnation or decline for large parts of the population - the working class, the lower middle class, these people have essentially been cast aside.
Noam ChomskyIn the major state capitalists economies, Europe and the US, it's low growth and stagnation and a very sharp income differentiation a shift - a striking shift - from production to financialization.
Noam Chomsky