In our society, real power does not happen to lie in the political system, it lies in the private economy: that’s where the decisions are made about what’s produced, how much is produced, what’s consumed, where investment takes place, who has jobs, who controls the resources, and so on and so forth. And as long as that remains the case, changes inside the political system can make some difference-I don’t want to say it’s zero-but the differences are going to be very slight.

Take a look at the Supreme Court decision that just authorized an effort by U.S. claimants against Iran for terrorist acts. What are the terrorist acts? The terrorist acts are bombings of U.S. military installations in Lebanon and Saudi Arabia, which Iran is claimed to have something to do with. Well suppose they did. That's not terrorism. I mean if we have a military base in Lebanon that while we're shelling Lebanese naval ships, the Navy is shelling Lebanese installations and somebody attacks [that's not terrorism].

In a society that has very high concentration of capital in a narrow sector of the population, that's going to influence everything in different ways.

Palestinians have no wealth or power.

Today, the danger of some sort of a nuclear catastrophe is greater than it was during the Cold War, and most people are blissfully unaware of this danger.

One of the best predictors of policy around is Thomas Ferguson's investment theory of politics, as he calls it - very outstanding political economist - which essentially - I mean, to say it in a sentence, he describes elections as occasions in which groups of investors coalesce and invest to control the state.

Governments are not representative. They have their own power, serving segments of the population that are dominant and rich.