The market is regarded as democratic because everybody has a vote. Of course, some have more votes than others because your votes depend on the number of dollars you have, but everybody participates and therefore it's called democratic.
Noam ChomskyThere's a very committed effort to convert the US into something resembling a Third World society, where a few people have enormous wealth and a lot of others have no security.
Noam Chomsky... an essential feature of a decent society, and an almost defining feature of a democratic society, is relative equality of outcome - not opportunity, but outcome. Without that you can't seriously talk about a democratic state... These concepts of the common good have a long life. They lie right at the core of classical liberalism, of Enlightenment thinking... Like Aristotle, [Adam] Smith understood that the common good will require substantial intervention to assure lasting prosperity of the poor by distribution of public revenues.
Noam ChomskyNow, the Libertarian Party, is a *capitalist* party. It's in favor of what *I* would regard a *particular form* of authoritarian control. Namely, the kind that comes through private ownership and control, which is an *extremely* rigid system of domination - people have to... people can survive, by renting themselves to it, and basically in no other way... I do disagree with them *very* sharply, and I think that they are not..understanding the *fundamental* doctrine, that you should be free from domination and control, including the control of the manager and the owner.
Noam ChomskyI remember talking to, 40 years ago, one of the leading people in the government who was involved in arms control, pressing for arms control measures, dรฉtente, and so on. He's very high up, and we were talking about whether arms control could succeed. And only partially as a joke he said, "Well it might succeed if the high tech industry makes more profit from arms control than it can make from weapons-related research and production. If we get to that tipping point maybe arms control will work." He was partially joking but there's a truth that lies behind it.
Noam Chomsky